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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

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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.

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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 »


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