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Tag: telecom
EU opens antitrust probe into Danish telecom deal
2015-04-08 14:47:36| Telecom - Topix.net
European Union antitrust regulators have opened a detailed investigation into the planned merger of the Danish operations of Nordic telecom operators TeliaSonera and Telenor , warning the deal could lead to higher prices and less innovation. The proposed deal, announced in December, is the latest to come under scrutiny in Europe's telecom industry, which has been consolidating rapidly as operators seek to scale up and reduce costs.
Tags: deal
opens
telecom
probe
EU opens antitrust probe into Danish telecom deal
2015-04-08 13:32:04| IT Services - Topix.net
European Union antitrust regulators have opened a detailed investigation into the planned merger of the Danish operations of Nordic telecom operators TeliaSonera and Telenor , warning the deal could lead to higher prices and less innovation. The proposed deal, announced in December, is the latest to come under scrutiny in Europe's telecom industry, which has been consolidating rapidly as operators seek to scale up and reduce costs.
Tags: deal
opens
telecom
probe
Vimpelcom shareholder sets up telecom investment fund
2015-04-06 09:46:00| Telecompaper Headlines
(Telecompaper) Russian billionaire Mikhail Fridman is setting up a new investment fund for acquire telecoms and technology businesses in Europe and the US. London-based LetterOne Technology (L1Technology) is a type of private equity fund that will also hold Firdman's 48 percent stake in Vimpelcom and 13 percent in Turkcell. The new company's board will include Lastminute.com co-founder Brent Hoberman, Irish telecoms entrepreneur Denis O'Brien, Osama Bedier, a former Google payments executive, former Skype executive Russ Shaw and Sir Julian Horn-Smith, one of the founding management team at Vodafone. CEO Alexey Reznikovich told the Financial Times that he believed that the "old fashioned" telecoms industry needed a root-and-branch overhaul to make money for investors. He said the group had no debt on its balance sheet, which meant that leverage could be used to increase available funds to USD 25 billion. Reznikovich said the company was aiming to acquire businesses in areas ranging from traditional telecoms groups that needed help or new capital, to internet companies such as those making apps and streaming services that could be used by its global mobile operations.
Tags: sets
investment
fund
telecom
Bigger is better -- for telecom companies, not Internet users
2015-04-03 15:58:21| Telecom - Topix.net
"Bigger is better" is the reigning trope among U.S. broadband companies, as Charter Communications this week gobbled up Bright House Networks for $10.4 billion. But better for whom? Certainly not U.S. Internet users, as the latest broadband reports peg lack of competition for causing high prices that have stalled Internet adoption rates and left more than 60 percent of Americans with unacceptably slow access speeds.
Tags: not
internet
users
companies
IBM forges mobile app partnership with China Telecom
2015-04-02 14:48:00| Telecom - Topix.net
International Business Machines has struck a deal with China Telecom Corp Ltd to offer and manage corporate-grade mobile apps, the latest in a string of tie-ups with Chinese firms. Under the agreement, state-owned China Telecom will host on its servers IBM's MobileFirst service, which helps corporations manage apps for Apple Inc's iPhone and iPad devices.
Tags: china
mobile
partnership
ibm
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