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Vodafone Iceland gains approval to acquire 365

2017-10-10 12:39:00| Telecompaper Headlines

(Telecompaper) Fjarskipti, which trades under the Vodafone Iceland brand, said the Competition Authority has agreed to its acquisiton of media company 365 with the exception of newspaper Frettabladid and the magazine Glamour. Vodafone Iceland and 365 had agree to the takeover without Frettabladid and Glamour on 14 March 2017. The deal is expected to reach completion on 01 December.

Tags: approval gains iceland acquire

Category: Telecommunications

Yandex launches conversational intelligent assistant

2017-10-10 11:47:00| Telecompaper Headlines

(Telecompaper) Russian internet search engine Yandex has launched new product Alice, a conversational intelligent assistant that is not restricted to a set of predefined scenarios. Alice integrates multiple services to help users efficiently accomplish tasks such as finding information online, recommending places to eat, providing weather forecasts, and supplying directions. Using deep neural networks trained on massive datasets, Alice allows users to interact like they would with another person, with advanced understanding of context. 

Category: Telecommunications

Omantel offers to buy another 12% of Zain from investment group

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

(Telecompaper) Omantel is seeking to increase its stake in Zain Group, worth around KWD 290 million, two months after purchasing a minority share in it, The National reported, citing a bourse statement. Omantel signed a non-binding letter of intent on 08 October to buy a 12.17 percent stake in Zain from Kuwait-based Al Khair National, a Kharafi Group company.  

Tags: group buy offers investment

Category: Telecommunications

Ericsson names new chairman

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

Ericsson on Monday proposed Ronnie Leten as its new chairman, a man with significant business experience but no background in the telecoms industry. The Swedish vendor said its nomination committee will formally propose Leten as chairman at its 2018 annual general meeting…read more on TotalTele.com »

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Category: Telecommunications

Tata preps Teleservices shutdown, 5,000 staff to go

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

Tata Group is preparing to close down its Tata Teleservices (TTSL) business by the end of this year or early in 2018, according to Indian press reports, and it is working on plans to lay off the majority of its 5,000-plus workforce. The company last month asked its circle-level heads to leave their posts by the end of March next year…read more on TotalTele.com »

Tags: staff tata shutdown preps

Category: Telecommunications

COMESA agrees deal to abolish phone roaming charges

2017-10-09 10:36:00| Telecompaper Headlines

(Telecompaper) Members of the Common Market for Eastern and Southern Africa (Comesa) have agreed to abolish telephone roaming charges in the bloc, reports Business Daily. The bloc said in a final report that although pricing of voice services in many African countries was becoming competitive and comparable with the rest of the world, the cost of broadband continued to be out of reach of most people. It said that users in Africa paid on average 25 percent of monthly gross national income (GNI) per capita on mobile calls compared with 11 percent in other developing nations. 

Tags: phone deal charges agrees

Category: Telecommunications

Project Loon gets permission to connect Puerto Rico

2017-10-09 07:54:00| Telecompaper Headlines

(Telecompaper) Project Loon is a network of balloons that provides connectivity to users on the ground. With the approval, the project will try to start service in Puerto Rico.  Project Loon obtained consent agreements to use land mobile radio (LMR) radio spectrum in the 900 MHz band from existing carriers operating within Puerto Rico.

Tags: project permission connect rico

Category: Telecommunications

Omantel makes another offer for Zain shares

2017-10-09 02:00:00| Total Telecom industry news

Omantel has made an offer for a 12% stake in Zain, less than two months after it bought close to 10% of the Kuwait-based telco…read more on TotalTele.com »

Tags: offer makes shares zain

Category: Telecommunications

Sprint, T-Mo merger seen this month

2017-10-09 02:00:00| Total Telecom industry news

Sprint and T-Mobile US will announce plans to merge later this month, it emerged late last week. The two U.S. mobile operators will likely share their plans when they post quarterly results in a few weeks, Bloomberg reported late last week, citing unnamed sources familiar with the situation. Sprint and T-Mobile US have yet to set the date for their next results announcements…read more on TotalTele.com »

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Category: Telecommunications

Deutsche Telekom reveals name of new T-Systems head

2017-10-09 02:00:00| Total Telecom industry news

Deutsche Telekom on Monday announced that Adel Al-Saleh, who until recently headed up a U.K.-based software company, will become the new chief executive of T-Systems from the start of next year. Al…read more on TotalTele.com »

Tags: head deutsche reveals telekom

Category: Telecommunications

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