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Etisalat gets funds in place for Maroc Telecom deal

2014-04-28 02:00:00| Total Telecom industry news

UAE operator expects transaction to close in May; posts revenue and subscriber growth in Q1.

Tags: place deal funds telecom

 

China Telecom Q1 earnings rise but mobile subscribers fall

2014-04-28 02:00:00| Total Telecom industry news

Operator sheds 2.38 million customers as LTE launches drive increased competitive pressure.

Tags: china mobile fall rise

 
 

C&W sells Monaco Telecom for EUR 322 million

2014-04-25 11:56:00| Telecompaper Headlines

(Telecompaper) Cable & Wireless Communications has agreed the sale of Compagnie Monégasque de Communication, the holding company for its 55 percent stake in Monaco Telecom, to a private investment vehicle controlled by Xavier Niel, the French entrepreneur controlling Iliad, for EUR 321.79 million. Monaco Telecom is the incumbent operator in Monaco where it is the market leader and only full service telecommunications provider. It also owns 36.75 percent of Afghan mobile operator Roshan, supplies international carrier and country code services to Kosovo, and works with OnAir for onboard telephony. CMC had USD 74 million of EBITDA on a USD 218 million revenue in the year to March 2013, when it had USD 537 million of gross assets and some 35,000 mobile customers, 34,000 fixed line and 17,000 broadband users. The parties have regulatory approval and only await a C&W shareholder vote to complete the deal. The disposal puts C&W in a strong position to pursue growth opportunities, both organic and inorganic, in the targeted Caribbean and Latin America region, the operator said.

Tags: eur million telecom monaco

 

France's Niel snaps up Monaco Telecom for 322 million

2014-04-25 02:00:00| Total Telecom industry news

Deal marks Cable & Wireless Communications' second attempt to divest its Monaco Telecom stake.

Tags: million telecom monaco frances

 

Ultra Clean to Present at the Jefferies 2014 Global Technology Media and Telecom Conference

2014-04-23 06:00:00| Industrial Newsroom - All News for Today

HAYWARD, Calif.&ndash; Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a developer and supplier of critical subsystems, for the semiconductor capital equipment, medical device, energy, research, and flat panel industries, announced that Casey Eichler, Chief Financial Officer, will address the Jefferies 2014 Global Technology Media and Telcom Conference. The presentation will take place at the Epic Hotel, Miami on Wednesday, May 7th, 2014 at 9:30 AM Eastern Standard Time.<br /> <br /> A link to the ...

Tags: media technology present global

 

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