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Vodafone says decided against spinning off emerging markets unit

2015-11-11 20:25:28| Telecom - Topix.net

A man casts silhouette onto an electronic screen displaying logo of Vodafone India after a news conference to announce the half year results in Mumbai, India, November 10, 2015. Mobile networks operator Vodafone has looked at spinning off its entire emerging markets unit, which includes its interests in India, Africa, New Zealand, Qatar and Turkey, but decided the synergies it gives justified keeping the group together, Chief Executive Vittorio Colao said on Wednesday.

Tags: unit decided markets emerging

 

Thomson Reuters reviews options for intellectual property and science unit

2015-11-11 20:05:22| IT Services - Topix.net

Thomson Reuters is exploring "strategic options" for a relatively small division that focuses on intellectual property and science. The company says it would use any proceeds from a sale to invest in its core businesses, repay debt or buy back shares.

Tags: options reviews science property

 
 

National Grid to sell stake in gas unit

2015-11-10 09:25:25| BBC News | Business | UK Edition

The UK power operator National Grid is to sell a majority stake in its gas distribution business.

Tags: national sell unit gas

 

Orange sells stake in Kenyan unit to Helios Investment

2015-11-10 08:15:00| Telecompaper Headlines

(Telecompaper) The Orange Group announced that it has signed a binding agreement with Helios Investment Partners for the sale of its entire 70 percent stake in Orange Kenya. Orange said the completion of the transaction remains subject to approval from the relevant authorities. The deal reflects Orange's constant focus on optimising its portfolio of assets, and the Africa and Middle East region remains a strategic priority for the group. Orange Kenya is the country's incumbent fixed line operator and the third player in the mobile market. The company had 4 million mobile customers at the end of June, according to figures published by the regulator.

Tags: unit investment orange sells

 

Verizon said to be mulling $10bn enterprise unit sale

2015-11-09 01:00:00| Total Telecom industry news

U.S. telco latest to examine possibility of selling data centres, other enterprise operations, unnamed sources say.

Tags: sale unit enterprise verizon

 

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