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Salt puts the brakes on IPO plan

2021-09-27 02:00:00| Total Telecom industry news

Back in June, reports suggested that Swiss telecoms group Salt was targeting a stock market floatation this autumn that would value the company at around $2.7 billion. At the time, it was reported that Salt’s billionaire owner Xavier Niel was seeking an exit from his investment. Now…read more on TotalTele.com »


Category:Telecommunications

Brazil finally sets a date for 5G auction, targets $8.5bn

2021-09-27 02:00:00| Total Telecom industry news

On Friday, Brazil’s telecoms regulator Anatel announced that the country’s upcoming 5G spectrum auction is set to begin on November 4.   Based on the reserve prices, the regulator expects the auction to raise something in the vicinity of 45 billion reais ($8.5 billion).   A variety of spectrum will be available during the auction, with Anatel choosing to auction spectrum in each of the 700MHz…read more on TotalTele.com »


Category:Telecommunications

STC not ready to give up on Vodafone Egypt deal

2021-09-27 02:00:00| Total Telecom industry news

Saudi Telecom (STC) has been in discussions over the purchase of Vodafone Egypt for almost two years now. The saga began back in January 2020, when the two companies entered into a non-binding agreement that would see the Saudi operator purchase Vodafone’s 55% stake in Vodafone Egypt for $2…read more on TotalTele.com »


Category:Telecommunications

Liberty Global create new German JV for FTTH

2021-09-24 02:00:00| Total Telecom industry news

Liberty Global Ventures, the investment arm of Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK), and InfraVia Capital Partners, a leading independent private equity firm specialized in infrastructure and technology investments, have set up a new Joint Venture (JV) aimed at assessing the opportunity in building fibre…read more on TotalTele.com »

Tags: create global german liberty

Category:Telecommunications

IBM scores big with Telefonica deal for cloud-native 5G core platform

2021-09-24 02:00:00| Total Telecom industry news

IBM has announced that it has struck another major 5G deal, this time with Telefonica, working with the Spanish giant to help create Telefonica’s 5G core network platform.    The multi-year deal will see IBM’s intelligent automation software and services used by the operator to build the 5G platform…read more on TotalTele.com »

Tags: big deal core platform

Category:Telecommunications

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