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Telenor appoints former Deutsche Telekom CEO Obermann to board

2017-11-13 17:04:00| Telecompaper Headlines

(Telecompaper) Telenor has proposed Rene Obermann, the former CEO of Deutsche Telekom, as a new member of the Norwegian operator's board of directors from 1 January 2018. 

Tags: board deutsche ceo telekom


Qualcomm rejects Broadcom takeover offer

2017-11-13 16:22:00| Telecompaper Headlines

(Telecompaper) Qualcomm has rejected Broadcom's unsolicited takeover offer, sating it "significantly undervalues" the company. Broadcom announced the USD 130 billion bid a week ago, offering a 28 percent premium on Qualcomm's latest share price. 

Tags: offer rejects takeover qualcomm


Deutsche Telekom confirms plans to launch own smart speaker in H1 2018

2017-11-13 14:43:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has confirmed it's developing voice control software and its own smart speaker. With the command 'Hello Magenta' - referring to the German operator's marketing colour - users will be able to control Telekom services around the home as well as other connected devices. The smart speaker is planned to launch on the German market in the first half of 2018. 

Tags: plans smart deutsche launch


Namibian telecoms watchdog blocks MTC stake sale to state ahead of postal holding dismantling

2017-11-13 10:22:00| Telecompaper Headlines

(Telecompaper) The Communications Regulatory Authority of Namibia (CRAN) has blocked a plan by the government to buy 34 percent of mobile operator MTC in a deal worth over NAD 3 billion, The Namibian reported. The government already owns 66 percent of MTC through Namibia Post and Telecommunications Holdings (NPTH), while 34 percent belongs to Portugal Telecom. In 2016, the cabinet approved a plan for NPTH to buy Portugal Telecom's 34 percent shareholding, worth over NAD 3 billion, using money from the Government Institutions Pension Fund (GIPF). 

Tags: state sale holding ahead


Vodafone Cameroon ceases operations

2017-11-13 09:33:00| Telecompaper Headlines

(Telecompaper) Afrimax announced that Vodafone Cameroon ceased to operate on 10 November, after it reluctantly concluded that it was no longer commercially viable to resume services in the country. The company, which was licensed to use the Vodafone brand under a licensing agreement with Vodafone Group, was forced to halt its activities on 14 September, after its licence was ruled invalid by the ministry of posts and telecommunications. Afrimax said that Vodafone Group had no equity interest in Afrimax or Vodafone Cameroon.

Tags: operations cameroon vodafone ceases


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