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Tag: telecom
Safaricom considers buying stake in Ethio Telecom but may start own business from scratch
2019-10-14 09:23:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom is considering buying a stake in Ethiopia's state-owned Ethio Telecom, which has announced the sale of shares through privatisation, reports Business Daily. Safaricom's interim CEO Michael Joseph said that the telecom operator is also considering setting up shop in Ethiopia from scratch. His comments came after Ethiopian authorities began searching for an adviser on the sale of a stake in its national operator, opening up the country's telecoms market to foreign investment for the first time.
Tags: business
start
own
buying
Telecom Italia considering spin-off and IPO of data centres - report
2019-10-09 08:58:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) is mulling a possible spin-off and listing of its data centre business, according to an unnamed source cited by Reuters that confirmed an earlier report from Bloomberg. The intention is to put the business into a separate unit before launching an initial public offering at some point next year, said the report, adding that the move could value the business around EUR 1 billion.
Tags: data
report
italia
telecom
Cellnex to buy Arqiva's telecom division for GBP 2 bln
2019-10-08 09:13:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure operator Cellnex Telecom has announced a deal to acquire the telecommunications division of UK media and communications infrastructure and services group Arqiva for around GBP 2.0 billion, confirming earlier reports. The transaction involves the acquisition of some 7,400 owned sites and the rights to market around 900 additional sites throughout the UK, said Cellnex, adding that it will become the largest independent operator of wireless infrastructure in the UK if the deal is cleared by the antitrust authorities.
Tags: buy
division
telecom
gbp
Globe Telecom inks deal for 150 new towers
2019-09-25 02:00:00| Total Telecom industry news
Globe Telecom will add 150 new towers to its network in the northern part of the Philippines after brokering a deal with Transcend Towers Infrastructure…read more on TotalTele.com »
Tags: deal
telecom
globe
towers
SK may drop 'Telecom' to highlight data, AI focus
2019-09-24 02:00:00| Total Telecom industry news
SK Telecom could change its name to reflect its increasing focus on big data and advanced technologies like artificial intelligence, if the chairman of its parent company gets his way. Chey Tae-won, chair of SK Corporation…read more on TotalTele.com »
Tags: data
focus
drop
highlight
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