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Cyta kicks off sale of Greek business

2017-09-15 02:00:00| Total Telecom industry news

Cyprus Telecommunications Authority (Cyta) this week began the process of offloading its operations in Greece, giving would-be buyers two weeks to register their interest in the sale…read more on TotalTele.com »

Tags: business sale greek kicks

Category: Telecommunications
 

Build or buy: moving on from M&A

2017-09-15 02:00:00| Total Telecom industry news

Telecoms operators the world over are examining the economics of expansion through acquisition, but this week's news shows a leaning towards build, rather than buy. Verizon CEO Lowell McAdam made it clear that his company is no longer looking at cable mega-deals – it reportedly made a failed US$100 million-plus bid for Charter earlier this year – and will instead build out the infrastructure it needs to provide customers with the bandwidth they need. . "We've moved on," McAdam said in an interview at this year's Goldman Sachs Communacopia conference on Thursday…read more on TotalTele.com »

Tags: buy ma build moving

Category: Telecommunications
 

Veon names new CFO, warns of earnings hit in Uzbekistan

2017-09-15 02:00:00| Total Telecom industry news

Veon on Friday revealed that it will welcome a new CFO later this year in Trond Westlie, a former Telenor finance chief, and warned that Uzbekistan's recent decision to devalue its currency will have a negative impact on its revenues and earnings in the country to the tune of hundreds of millions of dollars…read more on TotalTele.com »

Tags: hit names earnings uzbekistan

Category: Telecommunications
 

TI Sparkle sale, spin-off on the cards

2017-09-15 02:00:00| Total Telecom industry news

The future of Telecom Italia Sparkle is highly uncertain following Italy's ruling that Vivendi exercises de facto control over its parent company TIM, it emerged this week…read more on TotalTele.com »

Tags: sale cards sparkle spinoff

Category: Telecommunications
 

CenturyLink to miss Level 3 closing date

2017-09-15 02:00:00| Total Telecom industry news

CenturyLink this week announced a slight delay in the closure of its planned acquisition of rival Level 3 Communications, but said the companies are ready to begin integrating their businesses as soon as the deal is completed…read more on TotalTele.com »

Tags: date level miss closing

Category: Telecommunications
 

Orange expands Netflix distribution internationally, renews partnership in France

2017-09-14 16:43:00| Telecompaper Headlines

(Telecompaper) Orange announced that it has renewed the agreement signed in 2014 for the distribution of Netflix content to its TV customers in France, and has expanded its partnership with Netflix to cover all countries where the group is present across Europe, Africa and the Middle East. 

Tags: france distribution orange partnership

Category: Telecommunications
 

Samsung sets up USD 300 mln automotive investment fund

2017-09-14 11:13:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics is setting up a new fund to invest in the automotive market. The Samsung Automotive Innovation Fund has an initial USD 300 million, and its first investment is USD 75 million in TTtech, a specialist in the integration of automotive safety and control systems that works closely with Audi. 

Tags: automotive sets investment usd

Category: Telecommunications
 

French Mobile Operators 2017 Q2- excel

2017-09-14 10:47:00| Telecompaper Reports

This EXCEL sheet summarizes all important available KPIs from all mobile network operators in the French market. MNOs covered are Orange, SFR/Numericable, Bouygues Telecom and Free Mobile; KPIs shown include mobile customer numbers, mobile service revenues and ARPUs providing splits by postpaid/ prepaid by individual operator. Period covered from Q1 2008 up to Q2 2017

Tags: mobile french excel operators

Category: Telecommunications
 

Italian watchdog rules Vivendi has 'de facto control' of TIM

2017-09-14 08:34:00| Telecompaper Headlines

(Telecompaper) Italian markets watchdog Consob has ruled that French media giant Vivendi has de facto control of Telecom Italia (TIM), a decision that could open the way for the government to apply the so-called 'golden power' rule to veto any changes in control or ownership of the former incumbent. 

Tags: of control rules italian

Category: Telecommunications
 

UK competition body to investigate Sky/Fox deal

2017-09-14 02:00:00| Total Telecom industry news

The U.K. government has referred 21st Century Fox's proposed £11.7 billion (€14 billion) acquisition of Sky to the Competition and Markets Authority (CMA) for investigation. The move means the takeover could be delayed by up to six months as the CMA looks into the competitive implications of the deal on the U…read more on TotalTele.com »

Tags: body deal competition investigate

Category: Telecommunications
 

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