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Telecom Italia to do battle with Telefonica over Vivendi's GVT

2014-08-08 02:00:00| Total Telecom industry news

Italian incumbent reportedly negotiating counter-offer for Brazilian business.

Tags: italia battle telecom telefonica

 

Telecom New Zealand rebrands as Spark

2014-08-07 14:39:00| Telecompaper Headlines

(Telecompaper) Telecom New Zealand has changed its name to Spark New Zealand. According to Spark managing director Simon Moutter, the decision marks the latest and biggest step in the company's transformation over the past 18 months, reflecting industry changes and global shifts in communications technology. Also as part of the brand change, the company's medium-to-large business and IT services division, Gen-i, becomes Spark Digital.

Tags: zealand telecom spark rebrands

 
 

Telecom Italia H1 sales continue lower, eyes Brazil options

2014-08-06 09:30:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported first-half revenues down 11.2 percent to EUR 10.55 billion, hurt by divestments and continued weakness in its home market. EBITDA dropped 7.6 percent to EUR 4.345 billion, while the margin improved to 41.2 percent from 39.5 a year ago. On an organic basis, excluding currency effects and changes in scope, revenues fell 6.5 percent and EBITDA was down 5.6 percent. The Italian operator's net result improved to EUR 543 million profit from a loss of EUR 1.407 billion a year ago when the company wrote down the value of some assets. Capex fell slightly to EUR 1.707 billion or 16.2 percent of revenue. Net debt was down by EUR 171 million in the second quarter to EUR 27.358 billion at the end of June. The company said results were in line with its mid-term outlook and the Italian market is expected to contract less this year than in 2013. Profitability will be under pressure in the near term from the ongoing shift to bundled plans, as well as competition and price pressure on the fixed market. Telecom Italia also acknowledged indirectly Telefonica's proposed bid for GVT in Brazil and said it continues to evaluate strategic options for its own activities in Brazil. 

Tags: options sales continue lower

 

Chunghwa Telecom expects stellar profits from 4G service

2014-08-06 06:52:21| IT Services - Topix.net

Institutional investors yesterday stated that they are expecting stellar profitability for Chunghwa Telecom Co.

Tags: service telecom profits expects

 

Prologix Awarded "The Telecom Integrator of the Year" at The Integrator ICT Champion ...

2014-08-06 06:00:00| Industrial Newsroom - All News for Today

Dubai, United Arab Emirates &ndash; Prologix, a leading IT and Telecom Systems Integrator in the Middle East and Africa, was awarded &ldquo;The Best Telecom Integrator of the Year 2014&rdquo; title at the recently held Integrator ICT Champion Awards. The event was hosted by VAR, a leading media and services company, to recognize outstanding achievements by the industry players.<br /> <br /> The show was held in Oberoi hotel, Dubai on 10th June, 2014 and was attended by a host of eminent ...

Tags: the year telecom champion

 

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