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Cisco to acquire SON specialist Intucell for USD 475 mln
2013-01-23 16:14:00| Telecompaper Headlines
(Telecompaper) Cisco announced its intent to acquire privately held Intucell. Headquartered in Israel, Intucell provides advanced self-optimising network (SON) software, which enables mobile carriers to plan, configure, manage, optimise and heal mobile networks automatically, according to real-time changing network demands. Upon the close of the acquisition, Intucell employees will be integrated into Cisco's Service Provider Mobility Group, reporting to Shailesh Shukla, vice president and general manager, Software and Applications Group. Under the terms of the agreement, Cisco will pay USD 475 million in cash and retention-based incentives to acquire the entire business and operations of Intucell.
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S.Africa sugar output forecast at 1.958 mln tonnes
2013-01-23 07:31:03| Sugar Industry News
JOHANNESBURG (Reuters) - South Africa\'s 2012/13 sugar output is estimated at 1.958 million tonnes from a previous forecast of 1.995 million tonnes, South African Sugar Association data showed.
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AT&T to acquire rest of Alltel for USD 780 mln
2013-01-22 20:54:00| Telecompaper Headlines
(Telecompaper) AT&T has signed an agreement with Atlantic Tele-Network (ATNI) to acquire the company's US retail wireless operations, operated under the Alltel brand for USD 780 million in cash. Under the terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets, retails stores and approximately 585,000 subscribers. The acquisition includes spectrum in the 700 MHz, 850 MHz and 1900 MHz bands and is largely complementary to AT&T's existing network. ATNI currently operates a retail CDMA network for its subscribers in these areas. AT&T expects integration costs for network conversion from CDMA will not result in significant dilution to EPS or impact to cash flow. The transaction is subject to review by the Federal Communications Commission and the Department of Justice and to other customary closing conditions and is expected to close in the second half of the year.
Brazil adds almost 20 mln new mobile lines in 2012
2013-01-21 12:59:00| Telecompaper Headlines
(Telecompaper) Brazil ended 2012 with 261.78 million active mobile lines. In the year 19.54 million new lines were added, equal to growth of 8.07 percent in the subscriber base, according to sector regulator Anatel. The mobile penetration rate stood at 132.78 percent at year-end. In December, 80.53 percent of the lines were prepaid (210.82 million) and 19.47 percent were postpaid (50.96 million). In terms of market share, Vivo continued to lead with 76.1 million customers (29.08% market share), followed by TIM Brasil with 70.3 million (26.87%), Claro Brasil with 65.2 million (24.92%) and Oi with 49.2 million (18.81%).
Free Mobile has 5 mln subs, covers 50% of population - CEO
2013-01-17 11:11:00| Telecompaper Headlines
(Telecompaper) French operator Free Mobile has about 5 million subscribers in mid-January, compared to 4.4 million at the end of September, group chairman Xavier Niel confirmed to Le Figaro following press reports quoting this figure. Niel said that just under a quarter of Free Mobile customers pay nothing, as they are quad play subscribers who opted for the 2 hour plan, now with unlimited SMS. Niel claimed that Free Mobile nows cover half of the population, up from the 37 percent observed by regulator Arcep in July.
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