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Colt tech chief promoted to COO role
2017-09-25 02:00:00| Total Telecom industry news
Colt Technology Services has appointed company insider Rajiv Datta as its new chief operating officer. Datta previously served as Colt's chief technology officer. The move enables the telco to reorganise its business…read more on TotalTele.com »
Category:Telecommunications
Sprint/T-Mobile merger terms emerging
2017-09-25 02:00:00| Total Telecom industry news
Sprint and T-Mobile US are close to agreeing terms for a merger that would see Deutsche Telekom take a majority stake, and could ink a deal in around a month. The pair are looking at a deal that would leave Softbank and other Sprint shareholders with between 40% and 50% of the merged entity…read more on TotalTele.com »
Category:Telecommunications
Delay in upcoming spectrum auction in India
2017-09-22 02:00:00| Total Telecom industry news
India's telecoms regulator has pushed back the deadline date for responses to its consultation on the country's forthcoming multi-band spectrum auction, a move that casts further doubt on the likelihood of a sale before the end of the year. The Telecom Regulatory Authority of India (TRAI) has given stakeholders until 9 October to send written comments on the consultation paper it published in late August…read more on TotalTele.com »
Category:Telecommunications
Uzbekistan settlement to cost Telia close to $1bn
2017-09-22 02:00:00| Total Telecom industry news
Telia has reached a settlement with U.S. and Dutch authorities over its dealings in Uzbekistan that will see it pay a financial penalty approaching US$1 billion. The Sweden-based telco group will pay fines and disgorgements to the U.S. Department of Justice (DoJ), the Securities and Exchange Commission (SEC) and the Dutch Public Prosecution Service totalling $965 million after the various authorities ruled that its conduct in Uzbekistan contravened international corrupt practices legislation…read more on TotalTele.com »
Category:Telecommunications
Bharti shareholders approve Telenor takeover
2017-09-22 02:00:00| Total Telecom industry news
Bharti Airtel's shareholders have voted overwhelmingly in favour of the company's proposed acquisition of rival Indian mobile operator Telenor. At a meeting convened on Tuesday, 99.98% of Bharti Airtel's equity shareholders approved the merger…read more on TotalTele.com »
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Category:Telecommunications