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Former News International chief to become Virgin Media CEO
Tom Mockridge to take over from Neil Berkett once Liberty Global deal closes. Former News International chief executive Tom Mockridge will succeed Neil Berkett as CEO of Virgin Media once Liberty Global has completed...
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Qatar Foundation to take 5% stake in Bharti Airtel for $1.26bn
India-based telco says investment will help it increase stakes in some of its units. Qatar Foundation Endowment has agreed to invest $1.26 billion in Bharti Airtel Ltd. for a 5% stake, a deal that...
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SoftBank CEO sees no need for Sprint to make increased bid for Clearwire
Comments come amid speculation of a higher offer for U.S. telco due to buoyant share price. SoftBank Corp. Chief Executive Masayoshi Son said Sprint Nextel Corp. hasn't asked for permission to raise its bid...
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O2 UK strikes 10-year wholesale deal with BT
Contract will see U.K. incumbent build transmission network, backhaul links for O2's LTE infrastructure. BT and O2 UK on Monday signed a 10-year contract that will see the fixed-line incumbent supply transmission and backhaul...
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KT Corp close to buying iWayAfrica from Telkom SA
South Korean telco set to announce purchase of African ISP as part of international expansion plan. South Korea's largest fixed-line operator, KT Corp., is close to signing a deal to buy an African Internet...
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SingTel LTE network reaches nationwide coverage
Operator says 300,000 customers have signed up to its 4G network since June 2012 launch. SingTel this week announced its '4G' LTE network has been extended to offer nationwide coverage. The Singapore-based operator said...
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Verizon hires advisers for possible Verizon Wireless buyout
Verizon Communications Inc. has hired banking and legal advisers for a possible $100 billion bid to take full control of Verizon Wireless, Reuters news agency reported Wednesday on its website, citing two unnamed sources. ...
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