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Norway-based Telenor has scrapped its proposed 12 billion kroner rights offer to fund its acquisition of a 60 per cent stake in India's Unitech Wireless. Telenor will now fund the Unitech deal Norway-based ...
Vodafone Essar is planning to raise a $2.04 billion bridge loan. The funds will be used for infrastructure and network expansion, bidding for 3G spectrum and general corporate purposes. The loan is Vodafone ...
The BK Modi-promoted Spice Group has acquired the Indian arm of Cellucom, a Dubai-based mobile retail chain, through a share- swap deal. According to the terms of the deal, Cellucom will take 26 per The ...
In a bid to unlock value, Reliance Infratel, the tower company of RCOM, is planning to offload 5 per cent of its equity stake. The firm is learnt to be in discussions with seven global strategic In ...
Tata Communications has stated that two of its promoters, Tata Sons and Pantone Finvest, have pledged a 10.53 per cent stake in the company, with lenders. The estimated worth of Tata Communications' Tata ...
Mobile and digital entertainment company Mobile2Win (M2W) has entered into a merger agreement (through share-swap) with Altruist Group, a voice- and web-based value-added services (VAS) provider. Mobile ...
Mobile VAS company ValueFirst Messaging has raised $6 million from US-based venture capital firm New Enterprise Associates (NEA) to fund its expansion plans. The quantum of stake picked by NEA in the Mobile ...
Global telecom operators that offer services in India, catering pri- marily to the enterprise segment, have formed a new industry body called Association of Competitive Telecom Operators Global telecom ...
China Unicom's W-CDMA bidding results for 30 provinces, autonomous regions and municipalities have been finalised. Huawei, which has a partnership with Motorola, is the largest winner with a 30.6 China ...
The South Korean regulator, the Korea Communications Commission (KCC), plans to spend approximately $24.6 billion on improving the country's broadband infrastructure. KCC is aim- ing to increase The ...
The board of Qatar Telecom (Qtel) has decided to delist the company's shares from the Bahrain Stock Exchange on 26 February 2009. The decision has been taken in view of several considerations The board ...
Malaysian telecom operator TIME dotCom expects to see revenues from sales to increase by 18 per cent over the next 12 months as it looks to implement a corporate restructuring plan. TIME dotCom has Malaysian ...
MTN Ghana has launched 3.5G services in the country using high speed downlink packet access (HSDPA) technology. MTN's new network will be used to offer a range of data-oriented services and provide MTN ...
Warid Telecom has received equity investment of $250 million from its joint shareholders, the Abu Dhabi Group and Singapore Telecommunications. The company, which launched its mobile ser- vices in Warid ...
The Bangladesh Telecommunication Regulatory Commission (BTRC) has halved the operating licence renewal fees of pri- vately owned PSTN service providers. The country's alternative fixed line The Bangladesh ...
The Ministry of Internal Affairs and Communications (MIC) of Japan has outlined plans to allocate spectrum for 4G mobile ser- vices to up to four carriers. The move is in contrast to its original The ...
Saudi Arabian fixed line licensee Etihad Atheeb Telecommunications' 300 million riyal ($80 million) initial public offering (IPO) has been oversubscribed by about two and a half times times. The Saudi ...
Taiwan-based telecom operator Chunghwa Telecom has contracted Ericsson to supply its optical multi-service (OMS) solution for high capacity broadband services for both telephony (through time Taiwan-based ...
Nepal Telecom (NT) has selected Gilat Satellite Networks to provide it with the latter's SkyEdge broadband VSAT communications network. The operator will use the new VSAT network to provide broadband Nepal ...
Vodafone Qatar, a subsidiary of the UK's Vodafone, is awaiting approval from the Qatar Financial Markets Authority to launch an IPO, a prerequisite for launching services in the country. Vodafone Vodafone ...
The local subsidiary of the UK's BT Group has been awarded a full telecommunications licence in South Africa, allowing it to expand its existing range of business network services in the The local ...
Indonesian telecom operator PT Indosat has signed a network-to-net- work interconnection agreement with another operator, Biznet Networks, combining the two companies' metro Ethernet fibre optic Indonesian ...
China Unicom and Spain's Telefonica have entered into a framework cooperation agreement on the development of 3G in China. The agreement aims at enhancing cooperation in the mobile communi- cations, China ...
Thailand-based telecom services provider Total Access Communication Public Company (DTAC) has signed a frame agreement with NSN as one of its two vendors to upgrade its network to 3G. Under the Thailand-based ...
Orascom Telecom has asked the Egyptian regulators to approve a three-month programme for the company to buy back up to 65 million of its own shares. These shares have a current market value of around Orascom ...
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