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Telecom Italia to extend, amend Telecom Argentina deal

2014-09-29 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has agreed to a request from US-backed investment fund Fintech to extend the deadline to close the USD 960 million sale of Telecom Argentina by another month, until 24 October, to buy more time to secure regulatory approval from local authorities. At the same time, the operator confirmed in a statement that its management would "evaluate and define with Fintech possible amendments to the sale process", without specifying what those amendments would be. The announcement came after a 7-hour board meeting held on 26 September, which was dominated not only by the company's options in Argentina but also by news of renewed foreign takeover interest. Just before the meeting, the head of Italian internet company ItaliaOnline, controlled by Egyptian tycoon Naguib Sawiris, said Sawiris was still interested in investing in Telecom Italia, despite having an offer rejected in 2012 to buy a stake for EUR 3 billion. "We have always been interested in Telecom. The interest is there and this is known," ItaliaOnline chairman Khaled Bishara told reporters in Milan. On the day before the meeting, a Bloomberg report claimed that US businessman Sol Trujillo, the former CEO of Australian operator Telstra, was seeking to raise EUR 7.5 billion to bid for a stake in Telecom Italia.

Tags: deal italia argentina extend

 

Telecom Italia to re-examine Argentina deal

2014-09-29 02:00:00| Total Telecom industry news

Italian incumbent pushes back deadline for completion of US$960 million sale of Telecom Argentina shares to late October.

Tags: deal italia argentina telecom

 
 

Manitoba Telecom Services Earns Sector Perform Rating from Scotiabank

2014-09-27 15:19:10| IT Services - Topix.net

's stock had its "sector perform" rating restated by equities researchers at Scotiabank in a research report issued on Friday. Shares of Manitoba Telecom Services traded up 0.17% during mid-day trading on Friday, hitting $29.20.

Tags: services rating perform sector

 

Schottky Rectifiers serve LED lighting and telecom applications.

2014-09-26 14:31:07| Industrial Newsroom - All News for Today

RoHS-compliant and halogen-free 200 V Gen-2 TMBS® Trench MOS Barrier Schottky rectifiers, with current ratings from 5&ndash;30 A, come in 4 power packages and offer forward voltage drops down to 0.65 V typ at 15 A. While TO-220AB, TO-220AC, and TO-262AA packages feature solder bath temperatures of 275°C max, 10 sec, per JESD 22-B106, TO-263AB package offers MSL moisture sensitivity level of 1, per J-STD-020, LF max peak of 245°C. Applications include telecom power supplies and LED lighting.<br /> This story is related to the following:Schottky Rectifiers

Tags: applications led serve lighting

 

Globe Telecom expands LTE-TDD, LTE-FDD footprint in VisMin

2014-09-26 13:29:52| Telecom - Topix.net

GLOBE Telecom is expanding its LTE-TDD and LTE-FDD footprint in Visayas and Mindanao as it activated its first site in Lahug, Cebu City as part of an initiative to further expand the telecommunication provider's mobile ultra-broadband infrastructure in central and southern provinces of the country. The activation follows the signing of a partnership last September 17 between Globe and Alcatel Lucent in Paris, France for the transformation of the telecommunication provider's wireless network infrastructure in the Visayas and Mindanao regions, upgrading it from WiMax to LTE-TDD and LTE-FDD ultra broadband access technologies.

Tags: telecom globe expands footprint

 

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