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Eight suitors line up for Telekom Srbija

2015-08-12 02:00:00| Total Telecom industry news

Government to publish final shortlist of bidders next Monday.

Tags: line telekom srbija suitors

 

Deutsche Telekom Q2 sales up over 15% on US growth

2015-08-06 08:19:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a strong improvement in second-quarter results, led by the performance of T-Mobile US. Revenue rose 15.3 percent to EUR 17.4 billion, and adjusted EBITDA increased 13.5 percent to EUR 5.0 billion. On an organic basis, revenue was up 5.7 percent, and EBITDA rose 6.7 percent. Net profit was little changed year-on-year at EUR 712 million, due to extra staff-related costs. The German operator invested EUR 2.6 billion in the first half, excluding spectrum licences, an increase of 17.2 percent from a year earlier, while free cash flow still improved 31.1 percent to EUR 4.1 billion. Deutsche Telekom confirmed its guidance for 2015 adjusted EBITDA of around EUR 18.3 billion and free cash flow at EUR 4.3 billion.

Tags: us sales growth deutsche

 
 

Deutsche Telekom confirms guidance as Q2 boosted by US ops

2015-08-06 02:00:00| Total Telecom industry news

German operator posts 13.5% increase in adjusted earnings; ups growth forecast for domestic broadband market.

Tags: us deutsche guidance telekom

 

Cinven pulls out of Telekom Slovenije acquisition

2015-08-05 11:20:00| Telecompaper Headlines

(Telecompaper) UK investment fund Cinven has officially withdrawn from the acquisition of Telekom Slovenije. The Slovenian state asset holding company SDH confirmed that Cinven submitted a letter, stating that it has finally given up on the deal. Cinven was the only bidder to submit a binding offer for a 72.75 percent stake in the Slovenian telecommunications operator.

Tags: acquisition telekom pulls slovenije

 

Cinven drops Telekom Slovenije bid

2015-08-05 02:00:00| Total Telecom industry news

Sale scrapped after U.K. private equity firm pulls out citing multiple regulatory, political, financial reasons.

Tags: bid drops telekom slovenije

 

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