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Slovak Telekom IPO price values it at 2bn

2015-04-21 02:00:00| Total Telecom industry news

Incumbent operator preps for stock market listing, shares priced at 17.7-23.6.

Tags: price values telekom ipo

 

Cinven plans 'significant' investment in Telekom Slovenije

2015-04-17 02:00:00| Total Telecom industry news

U.K. private equity firm pledges to extend operator's 4G network to 90% population coverage; talks up telco expertise.

Tags: significant plans investment telekom

 
 

Cinven confirms bid for Telekom Slovenije

2015-04-16 14:07:00| Telecompaper Headlines

(Telecompaper) Cinven confirmed it filed the sole bid for the Slovenian's state's controlling stake in Telekom Slovenije. The private equity firm said that if it's bid is selected, it aims to "restore the company's position as a Slovenian champion". This will include significant investment in upgrading Telekom's network and plans to stop the erosion in revenues and return the company to sustainable growth. Investment would centre on expanding the fibre broadband and 4G networks, improving sales channels and customer service and optimising Telekom's product processes. "We believe that Telekom Slovenije represents an attractive, although challenging, investment opportunity, which fits well with Cinven's experience in the telecoms sector," the company said in a statement. Cinven's previous investments include French cable operator Numericable and Dutch operator Ziggo, both of which were eventually listed on the stock market. The company did not disclose the value of its bid for Telekom Slovenije but said it's in discussions with the state holding company on its offer. 

Tags: bid telekom confirms slovenije

 

NetComm Wireless, Deutsche Telekom and Cumulocity Collaborate on Industrial M2M

2015-04-15 12:31:13| Industrial Newsroom - All News for Today

SYDNEY,  Next week at Hannover Messe 2015, NetComm Wireless Limited (ASX: NTC) will showcase wireless Machine-to-Machine (M2M) devices designed to manage connected industry applications including Deutsche Telekom's Industry 4.0 offering, which comprises the recently launched "Cloud der Dinge" platform based on...

Tags: industrial wireless deutsche telekom

 

Telekom Slovenije attracts just one bidder

2015-04-14 14:33:00| Telecompaper Headlines

(Telecompaper) Slovenia's Sovereign Holding company said it received only one binding offer for the state's majority stake in Telekom Slovenije. The deadline for bids was 13 April. The state company did not say who the bidder was. According to recent press reports, the bidding had narrowed to Deutsche Telekom and the private equity company Cinven. Two people familiar with the matter told Bloomberg that only Cinven placed a bid in the end. 

Tags: telekom bidder attracts slovenije

 

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