News
Franco Bernabe resigns GSMA chairmanship
Telenor CEO Jon Fredrik Baksaas to step in until permanent replacement is found. As anticipated, the GSMA on Wednesday announced that chairman Franco Bernabe has stepped down with immediate effect. The GSMA's current deputy chairman,...
News
Apple sells record 9 million iPhones in first...
Vendor says its Q4 revenue, margins will be at top end of forecast. Apple Inc. sold nine million of its latest iPhones in their first three days in stores, a new company record, and said...
News
India to announce telecoms M&A policy next month
New rules on mergers and acquisitions delayed to 15 October after calls for guidelines on spectrum trading. India's new policy covering mergers and acquisitions should be in place by 15 October, according to local press...
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...
News
Praxair Colombia selects Level 3 to enhance operational...
Level 3 Communications, Inc. today announced that it has signed an agreement with Praxair Colombia, a regional subsidiary of Praxair, Inc, one of the largest industrial gas companies in the world. The new agreement expands...
News
Verizon’s talks with Vodafone cast doubt on Canadian...
Analysts say U.S. telco may turn its attention to Vodafone deal and put Canada on back burner. Verizon Communications Inc. could put its Canadian expansion plans on the shelf to focus on buying out its...
News
Use BYOD to boost productivity not save money...
Operator says the cost to enterprises of implementing a BYOD strategy often offsets the savings made from not buying devices for staff. Vodafone on Thursday advised enterprises that implementing a comprehensive BYOD strategy might prove...
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