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Regulator rules that Saudi Telecom must offer full purchase of Vodafone Egypt

2020-02-06 01:00:00| Total Telecom industry news

A memorandum was signed at the end of last month for Vodafone to sell its 45% stake in Vodafone Egypt to STC, a company looking to make its first foothold beyond the Gulf. The deal was for just under $2.4 billion. But yesterday Egypt&rsquo…read more on TotalTele.com »

Tags: full offer purchase rules

 

Telecom Italia unveils 'TIM Unica' convergent strategy with unlimited mobile data on all lines

2020-02-05 16:14:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has launched a new convergent mechanism designed to encourage existing and new customers to pay for all their fixed and mobile subscriptions via a single monthly invoice in exchange for advantages such as unlimited mobile data. The new 'TIM Unica' offer can be activated for free by fixed line customers who have at least one mobile data line registered under the same tax code. Up to 5 additional TIM mobile network numbers can then be added to the convergent plan, with each mobile line receiving "unlimited" data (capped at 500GB a month).

Tags: data mobile lines strategy

 
 

Maroc Telecom fined MAD 3.3 bln for restricting competition on fixed market

2020-02-03 09:17:00| Telecompaper Headlines

(Telecompaper) Morocco's National Telecommunications Regulatory Agency has fined Maroc Telecom MAD 3.3 billion (EUR 311 million) for anti-competitive practices. This follows a complaint from rival Wana (Inwi) over the incumbent's failure to comply with regulations on local loop unbundling. 

Tags: market fixed competition mad

 

Saudi Telecom in $2.4 bn acquisition of Vodafone Egypt

2020-01-29 01:00:00| Total Telecom industry news

Vodafone CEO Nick Read met with Egyptian Prime Minister Mostafa Madbouli on Tuesday to officially announce to the government that Vodafone had entered a non-binding agreement with Saudi Telecom (STC) for the sale of their 55% stake in Vodafone Egypt.    The agreement values Vodafone Egypt at $4…read more on TotalTele.com »

Tags: of egypt acquisition telecom

 

Czech telecom regulator chair resigns after govt pressure over 5G auction conditions

2020-01-27 16:17:00| Telecompaper Headlines

(Telecompaper) Czech telecom regulator CTU's chairman Jaromir Novak has resigned from his position, citing ongoing pressure from the Ministry of Industry and Trade (MIT). The ministry wants the regulator to make more changes to the conditions of the 5G auction, even though the tender already underwent a preparatory phase and public consultation in the second half of last year. 

Tags: conditions pressure chair czech

 

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