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Chinese telecoms may gain if deregulation accelerates

2015-10-16 07:20:54| Telecom - Topix.net

Chinese telecom firms have been moving up: Over the past five days in U.S. trading, China Unicom is up 8.5% and China Telecom is up 7% , while leader China Mobile is up 0.5% . In small part investor confidence is based on a multibillion-dollar cell-tower spinoff .

Tags: chinese gain telecoms deregulation

 

Moody's: SK Telecom's share buyback is credit negative

2015-09-28 15:16:06| Telecom - Topix.net

Moody's Investors Service says that SK Telecom's announcement of a share buyback is credit negative but will not affect the company's A3 issuer and senior unsecured bond ratings or stable outlook. On 24 September, SK Telecom said that it would buy back 2.02 million shares worth KRW523 billion, a slightly higher amount than the 1.71 million treasury shares it used to acquire the remaining 49.44% stake in SK Broadband earlier this year.

Tags: share credit negative telecoms

 
 

EC launches review of broadband and telecoms rules

2015-09-14 08:18:00| Telecompaper Headlines

(Telecompaper) The European Commission has announced the launch of two more public consultations, one on Europeans' broadband needs and the other focusing on the review of the current telecoms framework. The EC said the consultations are part of its Digital Single Market Strategy, presented in May, and follow the decisions to put in place strong net neutrality rules and end roaming charges by June 2017. The first consultation will seek views on the review of the existing Telecoms Package dating back to 2009, since when electronic communications networks and services have undergone significant structural changes. The review intends to look at the future of spectrum management, network access regulation, universal services and telecoms governance. The second consultation on broadband speed and quality will explore Europeans' internet needs, above all what they are likely to expect from their fixed and mobile networks in products, apps and services beyond 2020, and what investors will need to deploy those future-proof connectivity networks. The two consultations are open until 07 December.

Tags: review rules broadband launches

 

Nikkei extends morning losses as China skids, telecoms remain sold

2015-09-14 08:09:14| IT Services - Topix.net

Japan's Nikkei share average extended its losses on Monday afternoon, falling as much as 1.7 percent as Chinese markets slid and telecommunication shares continued to be sold off after Prime Minister Abe called on cellphone companies to reduce rates. Softbank Group Corp. shares fell 6.2 percent in afternoon trading while competitor KDDI Corp. fell 8 percent and NTT Docomo tumbled 9.2 percent.

Tags: china sold morning remain

 

Telecoms to seek new talent in Mideast, Latin America, Asia

2015-09-09 19:57:50| Telecom - Topix.net

Four of the world's biggest telecom firms - Orange, Telefonica, Singtel, and Deutsche Telekom - are teaming up to seek out new start-up talent in the Middle East, Latin America, and Asia. In a gala announcement in Tel Aviv Monday, Nathalie Boulanger, director of the Orange Start-up Ecosystem, said that her company "had extensive experience working hand-in-glove with start-ups across the world, Orange sees the formation of global partnerships such as this as the critical next step to ensure that digital innovators continue to flourish.

Tags: america asia seek latin

 

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