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Tag: telecom
AFTIC rejects Fintech, Sofora deal for Telecom Argentina stake
2015-10-16 15:51:22| Telecom - Topix.net
The decision was based on Fintech's failure to adhere to the requirements of Decree 62/90 and 764/2000, the watchdog has confirmed. claims that Fintech has not demonstrated sufficient experience and expertise to take control of Telecom Argentina's infrastructure, and made it clear that it does not want the telco to be solely controlled by investment companies, following the 2013 departure of strategic shareholder Telecom Italia .
Tags: deal
argentina
telecom
stake
AFTIC rejects sale of Telecom Argentina to Fintech
2015-10-16 08:48:00| Telecompaper Headlines
(Telecompaper) The board of Argentina's federal telecommunications regulator AFTIC has unanimously rejected the sale of a controlling stake in Telecom Argentina owned by Telecom Italia to US-backed investment fund Fintech on the grounds that the buyer doesn't have the necessary qualifications to operate a telecommunications company in the country. "The board considers that (Fintech) is not in a position to operate and take control Telecom Argentina's services and infrastructure. Fintech has demonstrated neither experience nor expertise," said AFTIC in a statement. Telecom Italia had agreed to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million at the end of 2013 but the deal has been held back by the ongoing financial crisis in Argentina as well as delays in securing regulatory approval.
Tags: sale
argentina
telecom
rejects
Regulator blocks Telecom Argentina sale, Telecom Italia says appeal planned
2015-10-16 02:00:00| Total Telecom industry news
AFTIC rules that Fintech lacks the experience to run Telecom Argentina; Telecom Italia insists it has plenty of time to push the deal through.
Tags: sale
italia
argentina
planned
Cowen looks at telecom struggles with cloud hosting
2015-10-14 05:20:21| Telecom - Topix.net
In Cowen's new look at telecoms, it took up the issue of how telecom service providers face their struggles with cloud computing . Many providers have struggled as newcomers to the business, analyst Gregory Williams wrote.
Tags: hosting
telecom
cloud
struggles
SK Telecom, China Unicom strike partnership deal
2015-10-12 10:26:00| Telecompaper Headlines
(Telecompaper) SK Telecom has signed a MoU with China Unicom to cooperate in strengthening their competitiveness in the telecommunications industry and promoting new growth businesses. Under the terms of the agreement, SK Telecom and China Unicom will cooperate in areas such as 5G technology, international roaming, platform, and startup support.
Tags: china
deal
partnership
strike
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