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RPT-UPDATE 2-VimpelCom to pay $795 mln to resolve U.S., Dutch bribery probes
2016-02-19 08:53:47| IT Services - Topix.net
Feb 18 VimpelCom Ltd , an Amsterdam-based telecommunications operator, said on Thursday it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was announced in a federal court in Manhattan, where a subsidiary pleaded guilty to conspiring to violate a U.S. anti-corruption law by paying $114 million in bribes from 2006 to 2012 to a Uzbekistan official.
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UPDATE 1-VimpelCom to pay $795 mln to resolve U.S., Dutch bribery probes
2016-02-19 00:10:49| Telecom - Topix.net
Amsterdam-based telecommunications operator VimpelCom Ltd on Thursday said it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was announced in a federal court in Manhattan, where a subsidiary pleaded guilty to conspiring to violate a U.S. anti-corruption law by paying $114 million in bribes to a Uzbekistan official.
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T-Mobile adds 2.1 mln customers, nearly trebles profit in Q4
2016-02-17 15:21:00| Telecompaper Headlines
(Telecompaper) T-Mobile US added 2.1 million net customers in Q4 2015, bringing its total customer count to over 63 million. This was the eleventh consecutive quarter that the wireless carrier has generated more than 1 million net customer additions and the third consecutive quarter with more than 2 million net customer additions. T-Mobile posted USD 8.25 billion of revenue in Q4 2015, up 1.1 percent on Q4 2014, with service revenue up 11.7 percent and 10.8 million devices. Adjusted EBITDA improved by 30.2 percent to USD 2.3 billion. The operator increased its net profit to USD 297 million (USD 0.34 EPS) in its latest quarter, versus USD USD 101 million (USD 0.12) in Q4 2014.
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AIRSHOW-Mitsubishi in $940 mln regional jet deal with Aerolease
2016-02-16 09:47:05| Industrial Machines - Topix.net
Feb 16 Mitsubishi Aircraft Corp, a unit of Mitsubishi Heavy Industries Ltd, struck a deal to supply 20 MRJ jets valued at about $940 million at list prices to U.S. leasing firm Aerolease, its first agreement with a lessor. Mitsubishi has struggled with multiple delays in its effort to enter the regional jet market, dominated by Canada's Bombardier Inc and Brazil's Embraer SA.
EE connections reach 31.5 mln, 4G base grows to 14 mln
2016-02-12 17:26:00| Telecompaper Headlines
(Telecompaper) EE reported total network connections of 31.5 million at end-2015, up 1.8 percent from 30.9 million a year earlier, with 4G customers almost doubling to 14 million. Post-paid customer net additions reached 141,000 in Q4 2015, with post-paid churn remaining low at 1.1 percent for 2015. 4G coverage reached 95 percent, with the total number of 4G corporate accounts up 30 percent year-on-year to over 9,100. Adjusted EBITDA was up 12.1 percent year-on-year to GBP 1.78 billion in 2015, a margin of 28.2 percent, due to a favourable trading mix. Operating revenue for 2015 was steady at just over GBP 6 billion, with total turnover for 2015 at GBP 6.31 billion, down 0.3 percent. Mobile service revenue was down 1.9 percent to GBP 5.51 billion, from GBP 5.62 billion in 2014. Total post-paid mobile connections reached 15.34 million in Q4 2015, up 1.8 percent from 14.90 million in Q4 2014. The pre-paid base was down 7.6 percent year-on-year to 8.85 million, from 9.57 million. EE added 6,000 net fixed broadband customers in Q4 2015, compared to net additions of 41,000 in Q4 2014, to end the year with a total of 933,000 fixed broadband connections, up 11.9 percent from 834,000 a year earlier.
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