Financial News

TPG Telecom Limited (“TPG”) and Vodafone Hutchison Australia Pty Ltd (“VHA”) are pleased to announce that the companies have entered into a Scheme Implementation Deed (“SID”) under which the companies have agreed a proposed merger of equals to establish a fully integrated telecommunications operator in Australia (“Merger”).

700 MHz band is a golden frequency band suitable for mobile communication, yet its allocation still remains unsettled and attracts much attention in telecommunication industry and radio and television industry.

Cellnex Telecom (54%) –in a consortium with Swiss Life Asset Managers  (28%) and Deutsche Telekom Capital Partners (DTCP) (18%) – has reached an agreement with Sunrise Communications International to acquire 100% of Swiss Towers AG, a subsidiary of the Swiss mobile operator that operates 2,239 telecommunication site Switzerland.

Vodafone Group Plc (“Vodafone Group”) announces today that its wholly-owned subsidiary, Vodafone International Holdings B.V. (“Vodafone”), has agreed to transfer part of its indirect shareholding in Safaricom Limited (“Safaricom”) to Vodacom Group Limited (“Vodacom”), its sub-Saharan African subsidiary.

Vivendi welcomes the composition of Telecom Italia’s new Board of Directors, which was approved by the company’s Annual Shareholders’ Meeting on May 4, 2017. The new team, which brings together a wide variety of recognized skills, will be a valuable asset in the development of the Italian company’s strategy and in meeting its challenges in the months and years to come.

According to Euroconsult’s newly released report, Prospects for In-Flight Entertainment and Connectivity, over 17,000 commercial aircraft will offer connectivity to their passengers by 2021, up from 6,500 aircraft in 2016.

Ukkoverkot Oy is a Finnish data carrier and solution provider offering intelligent comprehensive network connectivity solutions for authorities, businesses, municipalities and cities and industrial internet needs. Reliable network connections have a decisive role for Ukkoverkot Oy's customers.

The results of the first quarter of 2017 confirm the validity of the transformation actions started by the management, which have brought significant recovery on the domestic market and in Brazil.

Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the first quarter (Q1) ending 31 March 2017. Zain served 46.1 million customers at the end of the period, reflecting a 1.4% increase year-on-year (Y-o-Y).

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