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Will Mexican Tycoon Carlos Slim Abandon His Plans To Expand His Telecom Empire To Europe?

2013-09-10 07:46:01| Telecom - Topix.net

Mexican tycoon Carlos Slim's ambition to expand his telecom mpire to Europe is under threat.

Tags: to europe plans expand

 

EC outlines plans for telecom single market reform

2013-09-09 09:59:00| Telecompaper Headlines

(Telecompaper) The European Commission has released initial details of the telecom reform package to be presented on 11 September. According to a brief from Digital Agenda commissioner Neelie Kroes's office, the legislation aims to enable a single market for telecom services in the EU, in order to accelerate economic growth, create jobs and restore Europe's lead in mobile technology. The proposal would see an increase in the EC's powers to coordinate regulation of the sector, including the right to review national plans for releasing and auctioning spectrum and the power to force national regulators to withdraw rules that violate EU law. The legislation maintains the existing caps on roaming prices and would also require incoming calls when roaming in the EU to be free from 2014. The proposal also continues the EC's efforts to standardise wholesale broadband access regulation in the EU and introduces new criteria for wholesale regulation, such as the need for all national decisions to promote investment and for market analyses to consider competitive services such as 'over-the-top' providers. To encourage the quicker release of spectrum, the EC wants common rules for authorising the use of spectrum, and will also promote incentives to encourage market players to release spectrum for mobile broadband. The legislation also addresses the issue of 'net neutrality' via a ban on blocking or throttling of competing services. In addition, operators would need to be more transparent about the actual broadband speeds provided. However, they would still have the right to offer higher or guaranteed speeds at an increased price to customers in need of a premium service.

Tags: single market plans reform

 
 

Sawiris confirms Telecom Italia stake interest

2013-09-09 02:00:00| Total Telecom industry news

Egyptian businessman remains cautious after report claims Rome more interested in tie-up with Telefonica.

Tags: interest italia telecom stake

 

Sawiris confirms interest in Telecom Italia

2013-09-08 13:20:00| Telecompaper Headlines

(Telecompaper) Egyptian tycoon Naguib Sawiris is still interested in taking a stake in Telecom Italia but might be discouraged if the Italian government was opposed. In an interview with Reuters, Sawiris said he was considering a "potential investment in Telecom Italia" but might not submit a proposal "in view of (Italy's)... alleged preference for Telefonica reported in the Italian press." Earlier, an Italian newspaper reported that the Italian government would prefer a merger between Telecom Italia and Telefonica rather than an investment by Sawiris. However in an interview with Reuters, Italy Economy Minister Fabrizio Saccomanni said Rome welcomed foreign investments and companies should be left to decide on their future strategy. "We don't have any strategy to prevent such investments," the minister said on the sidelines of the Ambrosetti forum in Cernobbio. "We don't necessarily have a role to play in single negotiations and I think it should be up to the companies involved to decide on the terms and conditions for foreign takeovers." In a related development, insurance company Generali said it was willing to sell its stake in Telecom Italia in order to focus on its insurance business, but would decide on the timing of any potential sale after the board meeting on 19 September.

Tags: interest italia telecom confirms

 

Sawiris eyes Telecom Italia, but concerned about Rome

2013-09-07 17:46:20| Telecom - Topix.net

Egyptian telecoms tycoon Naguib Sawiris said on Saturday he was still interested in taking a stake in Telecom Italia but might be discouraged if the Italian government was opposed.

Tags: eyes italia concerned telecom

 

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