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Buffet, Malone eye investment in Sprint - report

2017-07-17 08:26:00| Telecompaper Headlines

(Telecompaper) Sprint is on a drive to raise money, with Masayoshi Son, the CEO of parent Softbank, meeting with Warren Buffet's Berkshire Hathaway and John Malone's Liberty Media in Sun Valley, Idaho, at an annual gathering of CEOs, the Wall Street Journal reported, citing sources familiar with the situation. Talks are at an early stage but sources are saying Berkshire could invest USD 10 billion in Sprint.

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Telenor ups guidance after strong Q2

2017-07-17 02:00:00| Total Telecom industry news

Telenor on Monday raised its full-year guidance after reporting strong earnings growth during the second quarter. The Norwegian incumbent attributed the performance to a reduction in costs resulting from its simplification programme and revenue growth driven by its Bangladeshi unit…read more on TotalTele.com »

Tags: strong ups guidance q2

Category: Telecommunications



Telia issues Q2 profit warning on Uzbekistan writedown

2017-07-17 02:00:00| Total Telecom industry news

Telia has warned that second quarter earnings will take a hit mostly due to a writedown in Uzbekistan. The Sweden-based telco has slashed the risk-adjusted, debt-free value of its Ucell unit to SEK1…read more on TotalTele.com »

Tags: issues profit warning uzbekistan

Category: Telecommunications



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