Financials
Financials
Telecom and ICT Investors and Stakeholders to meet...
1. Singapore, September 30, 2013 – The 2nd INTO MYANMAR: Telecom and IT Global Summit 2013 will be taking place this week at Yangon, Myanmar from 3-4 October 2013.
2. Two new telecom licenses were recently awarded in Myanmar....
Financials
Next-gen Wi-Fi hotspot to account for $150bn in...
The Wireless Broadband Alliance (WBA), the industry association focused on driving the next generation Wi-Fi experience, today announced the findings of its Next Generation Hotspot (NGH) business model report conducted with research firm Senza Fili.
Interest in this technology...
Financials
TeliaSonera books €46m loss on Nepal Satellite sale
Sweden-based operator offloads 57% stake due to legal, regulatory uncertainty.
TeliaSonera on Wednesday agreed to sell its 57% stake in Nepal Satellite to Zhodar Investment, citing increased legal and regulatory uncertainty around consolidation in the small, Himalayan nation.
The deal...
Financials
America Movil CFO sees telco maintaining credit ratings
Mexico-based operator faces possible downgrades as it gears up for €7.2bn KPN offer.
Mexican telecommunications company America Movil SAB is hopeful it can maintain its credit ratings after issuing long-term hybrid notes to lower its debt ratios, Chief Financial...
Financials
Belgacom CEO suggests smaller government stake
Didier Bellens points out state could keep control of incumbent telco with 40% stake.
Belgium's government could sell a sizeable stake in Belgacom SA without giving up control, the chief executive of the telecoms operator said in comments published...
Enterprise IT
Huawei sees $1.5bn in Mideast enterprise revenues by...
Chinese equipment maker 'not satisfied' with generating 9% of its Middle East revenues from enterprise.
Chinese telecommunications giant Huawei Technologies Co. aims to grow revenues from its enterprise division in the Middle East, which sells IT services and hardware,...
Financials
Zain Q4 profit plunges 32% of forex losses
Kuwait's Mobile Telecommunications Co., better known as Zain, posted a 32% drop in fourth-quarter profit as volatility on currency markets weighed on the company's results. The telecommunications firm, which operates in eight markets across...
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