Financial News

On April 9, 2019, Viettel announced a plan to improve 4G network quality. Technical solutions not only solve the problem of lack of 4G network in Vietnam, but also increase Viettel's 4G network speed up to 1.5 times faster now.

(Fornebu, 9 April 2019) Telenor Group has today entered into agreements to acquire 54% of the shares in the Finnish telecom operator DNA Plc for EUR 20.90 per share in cash, in total EUR 1.5 billion (approx. NOK 14.4 billion).

[Shenzhen, China, March 7, 2019] Today, Huawei announced that it has filed a complaint in a U.S. federal court that challenges the constitutionality of Section 889 of the 2019 National Defense Authorization Act (NDAA). Through this action, Huawei seeks a declaratory judgment that the restrictions targeting Huawei are unconstitutional, and a permanent injunction against these restrictions.

As a top Huawei executive, I’m often asked why the US has launched a full-scale assault on us. The Americans have charged us with stealing technology and violating trade sanctions and largely blocked us from doing business there.

Telefónica's subsidiary Telefonica Centroamérica Inversiones, S.L., 60% of which is owned, directly and indirectly, by Telefonica and 40% by Corporación Multi Inversiones, has reached an agreement with América Móvil, S.A.B. of C.V. for the sale of the entire share capital of Telefónica Móviles Guatemala, S.A.

The Ministry of Communication and Information has officially refarmed 800 MHz and 900 MHz radio frequency bands today, Wednesday (01/23/2019). The frequency band is currently used for the purposes of carrying out cellular mobile networks, including PT Telekomunikasi Selular (TELKOMSEL) and PT Indosat, Tbk. (INDOSAT).

Telia Company and Fintur Holdings B.V. (Fintur), jointly owned by Telia Company and Turkcell, have agreed to sell their 75 percent holding in the leading Kazakhi telecommunications operator Kcell JSC, to the telecom operator Kazakhtelecom JSC, a company controlled by the government of the Republic of Kazakhstan through the sovereign wealth fund Samruk-Kazyna.

Vodafone Hutchison Australia (VHA) is pleased to announce that the VHA-TPG Telecom spectrum joint venture company, Mobile JV Pty Ltd (JV), has acquired substantial spectrum holdings in all available areas in the 3.6 GHz band auction for AU$263 million.

Four companies have won valuable 5G spectrum in the Australian Communications and Media Authority’s latest spectrum auction in the 3.6 GHz band.

Telia Company sells its interest in Ucell (FE Coscom LLC) to the State Committee of the Republic of Uzbekistan for Assistance to Privatized Enterprises and Development of Competition for USD 215 million on a debt free basis. The U.S. Department of Justice has been duly informed about the transaction.

Spark New Zealand recently notified the Director-General of the Government Communications Security Bureau (GCSB), in accordance with the requirements of the Telecommunications (Interception Capability and Security) Act 2013 (TICSA), of its proposed approach to implementing 5G technology on the Spark mobile network. 

Liquid Telecom has completed the acquisition of the remaining 50 per cent stake in its Zambian subsidiary, CEC Liquid Telecom, from Copperbelt Energy Corporation PLC.

DNA has won 5G frequency band in the Finnish Communications Regulatory Authority’s frequency auction. The 5G services will be provided from the beginning of next year, and they will enable connection speeds of over 1 gigabit per second (1Gbps) for DNA customers.

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”).

The Danish operator TDC’s Norwegian business encompasses GET, a leading provider of fixed and TV services, with a total of 518,000 households and businesses connected to its fiber-based network, and more than 1 million private and business customers who use the TV and broadband services on a daily basis.

Moscow, Russian Federation (27 April 2018) — Public Joint Stock Company “MegaFon” (LSE: MFON), a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), announces the completion of the acquisition of a 100% stake in Neosprint LLC (the “Acquisition”).

Marc Allera, CEO of BT’s Consumer Division, said:

"The acquisition of 40MHz of 3.4GHz spectrum positions us well for our launch of future 5G services and consolidates our position as one of the world’s leading providers of communications services.

Vodafone UK has acquired 50 MHz of spectrum in the 3400 MHz band for mobile data services in Ofcom’s auction for a total cost of £378.2 million (€433.4 million).*

BUENOS AIRES (Reuters) - Argentina is preparing to auction 90 MHz of 4G spectrum to mobile telephone and internet companies in a process that has already attracted interest from Telecom Argentina SA, Telefonica SA and Claro, a government source told Reuters.

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.

“It is satisfying that we are able to announce a joint agreement with Turkcell to sell Azercell in Azerbaijan.

“I’m happy to announce another step in our effort, to over time, leave Eurasia and focus on the Nordic and Baltic regions within the framework of our New Generation Telco strategy. I would also like to thank Geocell’s employees for their outstanding contributions and wish them all the best in the company’s next phase,” says Johan Dennelind, President and CEO of Telia Company. 

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).

Displaying 1 - 29 of 29