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Danske Bank shuts MobilePay in Norway, holds talks with Vipps

2017-10-11 12:41:00| Telecompaper Headlines

(Telecompaper) Danske Bank said it is shutting down MobilePay in Norway and is negotiating a distribution agreement with rival Vipps, which was spun off by DNB (formerly Den norske Bank) earlier this year. Rival bank Nordea Norway announced separately that it has joined forces with Vipps.

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Category:Telecommunications

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Airtel Ghana MD resigns ahead of merger with Tigo

2017-10-11 11:23:00| Telecompaper Headlines

(Telecompaper) Airtel Ghana CEO Lucy Quist has announced her departure from the telecommunications company ahead of Airtel's merger with Tigo, Myjoyonline reported. In her Facebook post, Quist announced that the time was right for her to move on to the next chapter. Quist joined Airtel Ghana in 2014 as the first Ghanaian female CEO of a major multinational telecom company. 

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Category: Telecommunications

 

 

LG Electronics posts Q3 sales up 15%, higher operating profit

2017-10-11 10:07:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported higher third-quarter results in its preliminary report. Revenues are expected to grow 15.2 percent year-on-year and 4.6 percent quarter-on-quarter at nearly KRW 15.22 trillion, and the operating profit is expected to jump 82.2 percent year-on-year to KRW 516.1 billion. However, quarter-on-quarter, operating income is expected to plunge 22.3 percent from 664 billion in the second quarter of 2017.

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Category: Telecommunications

 

 

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