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Yes, no and maybe: ongoing M&A mania in telecoms

2014-10-31 01:00:00| Total Telecom industry news

Lenovo buys Moto and Level 3 closes TW Telecom buy, but other industry takeovers are still up in the air.

China govt wants more private investment in telecoms sector

2014-10-25 00:26:00| Telecompaper Headlines

(Telecompaper) China wants to attract more private investment in key sectors including energy and telecoms through policy support and fairer investment environment, Xinhua news agency reports, citing the Chinese premier Li Keqiang. The statement was made at a State Council meeting. Lower thresholds and fewer monopolies will provide opportunities and profits for private investors, said Li. In the telecoms sector, the Chinese government will allow investment in construction and operation of broadband, space facilities for civil use such as GPS navigation and remote sensing satellites, Keqiang said. The State Council meeting outlined the cooperation between government and private investors through innovation in loans, credit guarantees and insurance for long-term, low-cost and stable capital support.

Tags: private china investment sector

UK telecoms market poised for more converged services, says EE director

2014-10-24 10:18:59| Telecom - Topix.net

EE, Britain's largest mobile network operator, is braced for the increasing convergence of mobile and fixed-line services in the UK market next year and the pace of consolidation is likely to pick up, Gervais Pellissier, a lead director of EE, said on Thursday. EE, formerly known as Everything Everywhere, is a joint venture of Deutsche Telekom and France's Orange SA, who in January this year stalled plans to list the UK company.

Tags: services market director says

Tanzanian mobile telecoms firms set to list on bourse

2014-10-17 14:08:00| Telecompaper Headlines

(Telecompaper) Tanzanian mobile operators are set to list on the Dar es Salaam Stock Exchange (DSE) in 2015 as part of regulatory requirements, Reuters reported. A law aims to allow Tanzanians to have meaningful shareholdings in the country's telecoms industry. Operators that could list on the bourse are likely to include Vodacom, Airtel, Tigo and Zantel. Mobile phone usage has shot through the roof in Tanzania in the past ten years, making the telecoms the fastest-growing economic sector there.

Tags: list set mobile firms