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Short-seller Carson Block just dropped a blistering letter accusing a company of corrupt payments

2015-10-15 19:34:45| Telecom - Topix.net

We are short the securities of TeliaSonera because we believe information that is being withheld from investors, along with the current board and management's actions, will significantly impact the company's shares and credit profile. While TeliaSonera has provided some transparency into its misdeeds in Uzbekistan, it has not made public the likelihood that the company's other Eurasian and Nepal operations suffer from similar problems, and on a massive scale.

Tags: of company letter block

 

Short-seller Carson Block just dropped a blistering letter accusing a company of corrupt payments

2015-10-15 19:10:58| IT Services - Topix.net

We are short the securities of TeliaSonera because we believe information that is being withheld from investors, along with the current board and management's actions, will significantly impact the company's shares and credit profile. While TeliaSonera has provided some transparency into its misdeeds in Uzbekistan, it has not made public the likelihood that the company's other Eurasian and Nepal operations suffer from similar problems, and on a massive scale.

Tags: of company letter block

 
 

TeliaSonera accused of making 1.8bn in corrupt payments

2015-10-15 02:00:00| Total Telecom industry news

Swedish telco denies wrongdoing after scathing open letter says it is being opaque about its Eurasian misdeeds.

Tags: making payments accused corrupt

 

Over a third of Dutch are interested in mobile payments

2015-10-09 14:02:00| Telecompaper Headlines

(Telecompaper) Over a third (36%) of Dutch consumers find the idea of using mobile payment options very interesting, according to a Telecompaper Consumer Panel study for September. The number of Dutch people who actually use mobile payments is still only 3 percent. Interest has grown, if slowly. In March, 31 percent of Dutch found the option interesting, compared. The number of people who do not find mobile payment options interesting fell in the same period, to 38 percent in September from 44 percent in March. Telecompaper also looked at the willingness people might have to activate a mobile payments system, via NFC technology, for example instance. About half said they would download a free app while a third would be prepared to trade in their Sim card for a free Sim suitable for NFC payments. Some were ready to pay up to EUR 5 for a payment service, by buying a Sim card (11%) or through a paid app (9%). Compared to March however, willingness to pay has decreased somewhat.

Tags: mobile interested payments dutch

 

Samsung Electronics says mobile payments data safe after LoopPay hack

2015-10-08 04:48:41| Semiconductors - Topix.net

Tech giant Samsung Electronics Co Ltd said its Samsung Pay user data is safe after a hacking attack against a U.S.-based subsidiary that developed a key technology for its newly-launched mobile payments system. Disclosure of the attack, first reported by the New York Times on Wednesday, comes less than two weeks after Samsung Pay's launch in the United States.

Tags: data mobile electronics safe

 

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