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Manitoba Telecom Services sells Allstream business for $465M

2015-11-23 21:31:39| Telecom - Topix.net

Manitoba Telecom Services Inc. says it has signed a deal to sell its Allstream business to Zayo Group Holdings Inc. for $465 million in cash. The agreement to sell Allstream follows a failed deal to sell the business to Egyptian investment group Accelero Capital for $520 million.

Tags: services business telecom sells

 

Saudi Telecom moves to take over Kuwait's Viva

2015-11-20 01:00:00| Total Telecom industry news

Saudi operator has applied for regulatory OK to make an offer for 100% of Kuwaiti mobile unit.

Tags: moves telecom saudi viva

 
 

VimpelCom and Global Telecom enter agreement to sell their operations in Zimbabwe

2015-11-18 10:54:01| Telecom - Topix.net

Telecel International owns 60% of Telecel Zimbabwe Ltd. Transfer of ownership to ZARNet will occur after customary conditions are satisfied. This release contains forward-looking statements.

Tags: enter sell global agreement

 

SK Telecom, Nokia show off low-power LTE

2015-11-18 01:00:00| Total Telecom industry news

Companies claim technology can keep IoT devices up and running for 10 years on a single charge.

Tags: show nokia telecom lte

 

Vivendi has 20.11% of Telecom Italia

2015-11-17 14:08:13| Telecom - Topix.net

Milan, November 17 - French media group Vivendi said Tuesday it had 20.11% of Telecom Italia and did not have any savings shares "either directly or indirectly". It also said it had had no talks with French businessman Xavier Niel, who has taken a 15% stake in Telecom Italia.

Tags: italia telecom vivendi

 

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