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Name change sparks Telecom stoush

2014-07-18 22:12:32| Telecom - Topix.net

A LOT AT STAKE: "If you can't leave your cynical side behind, free free to go and let it loose on some other company," Simon Moutter wrote.

Tags: change telecom sparks change sparks

 

Mobile Data Traffic Growth Pushes Packet Core Spend To Over $18B In Contrast to 1Q Telecom Market Contraction, Says ABI Research

2014-07-18 12:59:58| rfglobalnet News Articles

Worldwide traffic in 3G and 4G continues hitting new highs as operators strive to satisfy the insatiable craving for Mobile Broadband. Satisfying this demand by expanding network capacity will push Mobile Packet Core spending over $18B through 2019.

Tags: data research market mobile

 
 

Telefonica to sell bonds to cut Telecom Italia stake

2014-07-17 08:54:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced its intention to sell EUR 750 million of bonds that can be exchanged for Telecom Italia shares, the first time it has showed a willingness to cut its stake in the incumbent Italian operator. In a statement to Spain's market regulator CNMV, Telefonica said the bonds will carry a fixed annual interest rate of between 5.25 percent and 6 percent and would mature in three years. However, they could be converted at any time before that or paid in cash if certain conditions are met. The mandatory exchangeable bond is a way for Telefonica to reduce its near 15 percent stake in Telecom Italia by about 5 percent, according to unnamed sources close to the transaction cited by Reuters. "This is a way for Telefonica to sell part of its stake in Telecom Italia while ensuring against downside risk if the shares lose value in the next three years," said one of the sources, with another adding that the exchangeable bond "is invariably going to lead people to ask what Telefonica plans to do with the rest of its stake in Telecom Italia."

Tags: sell cut italia telecom

 

Telefonica cuts Telecom Italia stake

2014-07-17 02:00:00| Total Telecom industry news

Spanish telco to sell 750 million worth of convertible bonds, reducing its stake in Telecom Italia to between 8.3% and 9.4%.

Tags: italia telecom cuts stake

 

KDDI, Sumitomo join Myanmar telecom

2014-07-16 18:04:08| Food - Topix.net

KDDI Corp and Sumitomo Corp signed an agreement with the state-run Myanmar Posts and Telecommunications on Wednesday to jointly operate a mobile phone service in Myanmar.

Tags: join telecom myanmar kddi

 

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