Financial News

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).

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.

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.

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”).

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.

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.

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.

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.

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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