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Sprint, T-Mo gearing up for regulatory battle

2017-10-16 02:00:00| Total Telecom industry news

Sprint and T-Mobile US appear to be gearing up to do battle with regulators once their much-talked-about merger is announced. The two U.S. telcos will present a merger agreement without immediate plans for asset sales, Reuters reported on Sunday, citing unnamed sources familiar with the situation…read more on TotalTele.com »

Category: Telecommunications

Eutelsat acquires capacity distributor Noorsat

2017-10-13 11:09:00| Telecompaper Headlines

(Telecompaper) Eutelsat Communications has acquired Noorsat from Bahrain's Orbit Holding Group. Noorsat was established in 2004 and distributes Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels, almost exclusively from Eutelsat's MENA neighbourhoods at 7/8 degrees West and 25.5 degrees East. 

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Category: Telecommunications

Tata sells consumer mobile ops to Bharti Airtel

2017-10-13 09:56:00| Telecompaper Headlines

(Telecompaper) The Tata Group has agreed to sell its consumer mobile businesses to Bharti Airtel, including all customers and assets. No financial details were disclosed about the deal, except that it will done on a debt- and cash-free basis, except for Bharti assuming a small portion of Tata payments for spectrum. The acquisition will be subject to the usual regulatory approvals. The boards of Tata Sons, TTSL and TTML have already given their green light.

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Category: Telecommunications

Samsung CEO Kwon Oh-hyun resigns amid strong guidance for Q3

2017-10-13 08:57:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has announced the resignation of CEO Oh-Hyun Kwon, in charge of Samsung Display and the company's Device Solutions Business. Kwon said he will not seek re-election as a member of the board of directors and chairman of the board when his term ends in March of next year.

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Category: Telecommunications

TIM makes golden power notification

2017-10-13 02:00:00| Total Telecom industry news

TIM this week confirmed that it has notified the government of its change in ownership, as required under the state's so-called Golden Power decree, but insists it merely made the move to stay on the right side of the law and still does not believe its situation should require it to make the notification…read more on TotalTele.com »

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Category: Telecommunications

A man walks into a bar...A tale of telecom investment woes

2017-10-13 02:00:00| Total Telecom industry news

The European telecoms market is very much like a young man going out on the pull and failing. As unlikely as that metaphor might seem, that was the message from many of the stakeholders gathered in Lisbon this week for Connected Europe, although it took industry industry analyst John Strand to put it into those words. Discussions with the investment community show that Europe is considered a less attractive region to invest in than others worldwide, Strand said. "It's basically like if you're single, you go to a bar, you meet a nice girl and she says, 'listen, you're the least attractive man in this bar,'" he said. Strand blames over-regulation for that situation. Telecoms policy in Europe is effectively "a nationalisation of the industry without paying the shareholders a financial compensation for taking over the infrastructure," he said. "We are falling behind," compared with the U…read more on TotalTele.com »

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Category: Telecommunications

Europe could learn from India on spectrum allocation Vodafone

2017-10-13 02:00:00| Total Telecom industry news

Given Vodafone's recent tax-related issues in India, it was perhaps surprising when on Wednesday a company executive spoke out in favour of the regulatory regime there, intimating that Europe would do well to follow in the country's footsteps when it comes to spectrum allocation. Speaking at Connected Europe 2017 in Lisbon, Vodafone Group public policy head of spectrum Stephen Pentland gave a resounding "yes" to the question of whether it would be possible to have a single market for spectrum across Europe, although he admitted that most people in the industry do not agree with him…read more on TotalTele.com »

Tags: learn europe india spectrum

Category: Telecommunications

AT&T warns for decline in video subscribers during Q3

2017-10-12 19:32:00| Telecompaper Headlines

(Telecompaper) AT&T expects nearly 300,000 DirecTV Now net adds, though total US video subscribers will fall by about 90,000. AT& said the video net losses were driven by heightened competition in the traditional pay-TV markets and OTT services, and hurt by the recent hurricanes and stricter credit standards. The decline of traditional video subscribers negatively hit Entertainment Group revenues and margins, which means the adjusted operating profit margin will be essentially flat year-on-year.

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Category: Telecommunications

TRA approves Viva Bahrain's acquisition of Menatelecom with conditions

2017-10-12 11:02:00| Telecompaper Headlines

(Telecompaper) The Telecommunications Regulatory Authority (TRA) has given approval to Viva Bahrain for its proposed acquisition of Menatelecom, Gulf News reported. TRA said after a process of open consultation and discussions with various parties, it concluded that Viva's plans complied with the necessary regulations. The statement said the TRA first received notification from Viva on 17 August of its proposal to acquire 100 percent of the common equity of Menatelecom.

Tags: conditions tra acquisition viva

Category: Telecommunications

Bharti buys Tata's mobile operations

2017-10-12 02:00:00| Total Telecom industry news

Bharti Airtel on Thursday announced that it will acquire Tata Group's consumer mobile businesses for an undisclosed sum, bringing to an end years of speculation over the future of the operations. Under the terms of the deal, Tata Teleservices and Tata Teleservices Maharashtra will be subsumed by Bharti Airtel on a cash-free and debt-free basis, with the exception that Bharti will assume a small portion of Tata's unpaid spectrum liabilities with the Department of Telecommunications (DoT)…read more on TotalTele.com »

Category: Telecommunications

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