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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.

Tags: mobile consumer sells ops

Category:Telecommunications

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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.

Tags: strong samsung ceo guidance

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 »

Tags: power makes golden tim

Category: Telecommunications

 

 

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