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Firms backed by China tech giants merge

2015-10-08 10:02:25| BBC News | Business | UK Edition

Two firms backed by Chinese internet rivals Alibaba and Tencent are merging to create a new company that will offer a wide range of online services.

Tags: china tech firms backed

 

TeliaSonera to merge Lithuanian operations

2015-10-06 10:20:44| Appliances - Topix.net

Scandinavian telecom operator TeliaSonera AB said Tuesday it will merge its two Lithuanian subsidiaries, strengthening its Baltic operations as part of a new strategic focus. Fixed line operator TEO LT AB , in which TeliaSonera owns an 88.2% stake, will buy Telia's wholly-owned mobile operator Omnitel for 220 million euros , in a deal expected to generate annual savings of around EUR10 million.

Tags: operations merge lithuanian teliasonera

 
 

TeliaSonera to merge Lithuanian operations

2015-10-06 10:12:10| IT Services - Topix.net

Scandinavian telecom operator TeliaSonera AB said Tuesday it will merge its two Lithuanian subsidiaries, strengthening its Baltic operations as part of a new strategic focus. Fixed line operator TEO LT AB , in which TeliaSonera owns an 88.2% stake, will buy Telia's wholly-owned mobile operator Omnitel for 220 million euros , in a deal expected to generate annual savings of around EUR10 million.

Tags: operations merge lithuanian teliasonera

 

TeliaSonera to merge Lithuanian subsidiaries

2015-10-06 02:00:00| Total Telecom industry news

Fixed-line provider Teo to acquire mobile player Omnitel for 220 million.

Tags: subsidiaries merge lithuanian teliasonera

 

Mobilink, Warid to merge ops in Pakistan - report

2015-10-04 12:13:00| Telecompaper Headlines

(Telecompaper) VimpelCom, parent company of Pakistani mobile operator Mobilink , and the Abu Dhabi Group, a major sponsor of Warid Telecom, have reached an in-market consolidation by merging their respective subsidiaries, Daily Times reports, citing unnamed industry sources. According to these sources, the launch of 4G/LTE services made Warid an attractive target for VimpelCom. Thus VimpelCom agreed to acquire Abu Dhabi Group's subsidiary, Warid Telecom.

Tags: report pakistan merge ops

 

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