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TIM gets firm offer for broadcasting business
2018-09-25 02:00:00| Total Telecom industry news
Italy's Rai Way has made a bid for Persidera, the broadcasting business majority owned by telecoms incumbent TIM. In a short statement on Tuesday in response to media speculation, Rai Way said it has "submitted a binding offer to Persidera's shareholders…read more on TotalTele.com »
Category:Telecommunications
Telefonica looking to sell out of Mexico, Central America
2018-09-25 02:00:00| Total Telecom industry news
Telefonica is working on the sale of its Mexican business and of its Central American assets, according to a Mexican press report. The Spanish telco is mulling the move with a view to reducing its significant debt burden, El Economista reported on Monday, citing unnamed sources familiar with the situation. The operator has been working on the potential divestment of assets that it does not consider strategic for a number of months…read more on TotalTele.com »
Category:Telecommunications
TIM admits assets sales still an option
2018-09-25 02:00:00| Total Telecom industry news
TIM this week revealed that its board of directors is still analysing the possibility of selling off certain assets. The Italian incumbent's board met on Monday to look further at both investing in new assets and selling off non-core businesses, TIM said. The directors had similar discussions at a meeting two months ago…read more on TotalTele.com »
Category:Telecommunications
T-Mobile US appoints industry veteran to lead Sprint integration
2018-09-25 02:00:00| Total Telecom industry news
T-Mobile US has appointed long-time telecoms industry executive Sunit Patel to lead the integration process at it merges its business with that of rival Sprint. Patel, who joins the U.S. mobile operator from CenturyLink…read more on TotalTele.com »
Category:Telecommunications
Celcom taps Ericsson for LTE network upgrade
2018-09-25 02:00:00| Total Telecom industry news
Celcom Axiata this week tapped Ericsson to upgrade and expand its LTE network, striking a deal that lays the foundations for the operator's 5G network. Under the agreement…read more on TotalTele.com »
Category:Telecommunications