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Tag: parent
SFR parent Altice to acquire French operator Coriolis
2021-09-20 11:27:00| Telecompaper Headlines
(Telecompaper) Altice France announced an exclusive agreement to acquire 100 percent of rival Coriolis, an independent telecom group with more than half a million customers...
Tags: french
parent
operator
acquire
Vi struggling to stay afloat as parent companies refuse reinvestment
2021-08-04 02:00:00| Total Telecom industry news
Late last month, the Indian Supreme Court rejected calls from Bharti Airtel and Vi to recalculate the amounts due the government as a result of adjusted gross revenue (AGR) fees. Now, with a batch of repayments imminent, Vi is struggling to survive, with both of its parent companies, Aditya Birla Group and Vodafone Group, loathe to inject more funds into a potentially sinking ship. The company is facing a roughly $3 billion shortfall in cash flows for FY2023 as a result of AGR…read more on TotalTele.com »
Tags: companies
stay
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refuse
Vodafone Iceland parent Syn negotiates sale and lease-back of infrastructure
2020-10-26 09:37:00| Telecompaper Headlines
(Telecompaper) Vodafone Iceland owner Syn said it has reached an agreement with foreign investors on private negotiations and the main terms for a potential sale and leaseback of passive mobile phone infrastructure. The transaction would strengthen Syn's balance sheet and might yield a capital gain of over ISK 6 billion. Syn would then sign a 20-year lease-back agreement to ensure its continued access to the infrastructure.
Tags: sale
parent
infrastructure
iceland
US govt asks Riot Games, Epic Games about data protocols with Chinese parent Tencent
2020-09-18 14:26:00| Telecompaper Headlines
(Telecompaper) The move follows US bans on ByteDance's TikTok, Tencent's WeChat and Huawei, in the name of national security.
Tags: data
games
chinese
parent
Arm drops plan to spin off IoT operations to parent SoftBank
2020-08-25 11:49:00| Telecompaper Headlines
(Telecompaper) UK-based mobile chip company Arm has abandoned plans to spin off two IoT businesses to parent SoftBank, reports the Wall Street Journal.
Tags: plan
operations
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arm