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Turkey takes control of Turkcell as Telia agrees exit for USD 530 mln
2020-06-18 08:50:00| Telecompaper Headlines
(Telecompaper) Telia Company has reached an agreement to sell its 47.1 percent stake in Turkcell Holding to the state-owned Turkey Wealth Fund for USD 530 million. The transaction also includes a full settlement of all shareholder disputes and litigation connected to Turkcell and Turkcell Holding. As a result of the deal with all the shareholders, the state fund becomes the largest, controlling shareholder of the mobile operator.
Tags: control
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Anheuser-Busch InBev agrees Kona sale, but only in Hawaii
2020-06-11 16:23:00| Daily beverage news and comment - from just-drinks.com
The US arm of Anheuser-Busch InBev has moved to accelerate its purchase of full control of Craft Brew Alliance, lining up the sale of CBA's Kona beer operations in Hawaii, but retaining the brand in its booming US market.
Canada agrees to hear extradition case against Huawei CFO
2020-05-28 02:00:00| Total Telecom industry news
Controversial Huawei CFO Meng Wanzhou is to face an official extradition hearing, after a Canadian judge ruled that the crimes of which she is accused by the US government are also crimes in Canada. Meng was placed under house arrest in Canada back in December 2018, after the US levied various financial charges against her…read more on TotalTele.com »
Intelsat agrees to FCCs spectrum shift to make way for 5G
2020-05-27 02:00:00| Total Telecom industry news
Earlier this year, the FCC voted on and passed a plan to clear the lowest 280 MHz of the 3.7–4.2 GHz spectrum, as well as a 20 MHz buffer band, to make it available for 5G. Currently, this band is primarily used by the satellite industry, thus the new rules would necessitate them shifting their operations to the upper 200 MHz of the band (4…read more on TotalTele.com »
Pressured PM agrees to phase out Huawei for UK 5G
2020-05-26 02:00:00| Total Telecom industry news
Back in January, the UK government agreed to allow Huawei to continue to supply 5G equipment to UK operators, but limited them to a 35% market share and banned them from the networks’ cores. At the time, this decision gained the ire of the US, who continued to pressure the UK and the rest of the world to cut themselves off from Huawei dependence entirely. By March, the UK government was falling under pressure from within as well as without…read more on TotalTele.com »
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