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America Movil mulling sale of stake in KPN

2017-11-17 14:26:00| Telecompaper Headlines

(Telecompaper) America Movil may consider selling its 21.4 percent stake in KPN after receiving interest from a number of parties, Reuters reported. CFO Carlos Garcia Morena said the company had in the past already received expressions of interest and that these were coming in again. Moreno made the statement to to investors at the Morgan Stanley TMT conference in Barcelona.

Tags: sale america stake movil

 

Namibian telecoms watchdog blocks MTC stake sale to state ahead of postal holding dismantling

2017-11-13 10:22:00| Telecompaper Headlines

(Telecompaper) The Communications Regulatory Authority of Namibia (CRAN) has blocked a plan by the government to buy 34 percent of mobile operator MTC in a deal worth over NAD 3 billion, The Namibian reported. The government already owns 66 percent of MTC through Namibia Post and Telecommunications Holdings (NPTH), while 34 percent belongs to Portugal Telecom. In 2016, the cabinet approved a plan for NPTH to buy Portugal Telecom's 34 percent shareholding, worth over NAD 3 billion, using money from the Government Institutions Pension Fund (GIPF). 

Tags: state sale holding ahead

 
 

Switzerland schedules 5G spectrum sale for 2018

2017-11-10 01:00:00| Total Telecom industry news

Switzerland plans to allocate spectrum earmarked for 5G mobile services next year. The country aims to kick off the award process in the spring with a view to allocating the airwaves in the second half of 2018…read more on TotalTele.com »

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AT&T chief denies CNN sale rumours

2017-11-10 01:00:00| Total Telecom industry news

AT&T CEO Randall Stephenson moved quickly this week to dispel rumours his company may have to sell CNN in return for antitrust approval for its acquisition of Time Warner. "…read more on TotalTele.com »

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Icelandic Group completes sale of Seachill to Hilton Food Group

2017-11-09 01:00:00| Food Processing Technology

Icelandic Group has completed the sale of its UK-based subsidiary Icelandic Group UK (Seachill) to Hilton Food Group in a deal valued at 84m.

Tags: group sale food hilton

 

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