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Spain's Telefonica in talks to exit Telecom Italia: report

2014-07-11 22:18:22| Telecom - Topix.net

Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.

Tags: report italia exit telecom

Etisalat, Vivendi talks on Maroc Telecom extended to 31 October

2013-09-30 02:00:00| Total Telecom industry news

Abu Dhabi-based group offered 3.9 billion for 53% stake.

Tags: october extended telecom talks

Myanmar Posts and Telecom in talks with 'foreign giant'

2013-09-17 01:57:00| Telecompaper Headlines

(Telecompaper) Myanmar Posts and Telecommunications (MPT) is in talks with international telecommunications companies to help it expand as competition is set to start in the country. Earlier this year, Telenor and Ooredoo won mobile licences. Domestic companies MPT and Yatanarpon Teleport already have licences but MPT is currently the only operator with mobile infrastructure in Myanmar. "We are now discussing a joint venture agreement with a foreign giant," managing director U Aung Maw told The Myanmar Times. He said the company held talks with companies from France, Singapore, Japan, and other countries but declined to name the firms. However, Orange's senior vice president Dominique Espinasse confirmed that his company was in talks with the government about a partnership with MPT. Yatanarpon Teleport also expects to find a partner to help it with its planned mobile rollout, according to chief executive U Tin Win.

Tags: posts foreign giant telecom

Telecom Italia ends talks on 3 Italia takeover

2013-07-05 08:48:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has ended talks with Hutchison Whampoa on a possible merger of their mobile activities in Italy. At a board meeting on 04 July, the board of Telecom Italia examined the results of its preliminary contacts with Hong Kong-based Hutchison. According to a statement from the company, the board found that "at present there are not the elements necessary to start negotiations". The companies first confirmed the merger talks in early April, but Telecom Italia has repeatedly delayed a decision on entering full negotiations as it seeks certain assurances from Hutchison. The takeover would have strengthened TIM's position as the largest mobile operator in Italy after acquiring Hutchison's 3 Italia, the smallest player on the market. Hutchison would in return have become the largest shareholder in Telecom Italia. The deal reportedly faced resistance from Telefonica, which is part of the controlling Telco shareholders pact at Telecom Italia, and was also hampered by the ongoing discussions over the spin-off of Telecom Italia's fixed network and its valuation.

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