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Norlys plans to enter Danish mobile market via alliance or acquisition

2020-07-01 09:41:00| Telecompaper Headlines

(Telecompaper) Danish fibre operator Norlys, formed in 2019 by the merger of Eniig and SE/Stofa, has announced its intention to expand into the mobile communications market in order to be able to offer a comprehensive service. Its board has authorised it to enter talks with Denmark's largest mobile operators with a view to an alliance or acquisition. It has not yet committed itself to any one particular partner or operating model

Tags: enter market mobile plans

 

Thigpen, Blue Roads Join to Offer Mobile, Off-Pipe Natural Gas Solutions

2020-06-30 15:37:25| OGI

BP Energy Partners said June 29 it is merging Dallas, TX-based Blue Roads Solutions, and Conroe, TX-based Thigpen Solutions, creating an innovative, full-service, leading player in the virtual pipeline industry.

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Indias ban on Chinese apps could reshape mobile app ecosystem

2020-06-30 02:00:00| Total Telecom industry news

  Monday saw India deal a sharp digital blow to China by banning 59 of their apps, including TikTok and WeChat, on the grounds that they are mining Indian users’ data.   The Ministry of Electronics and Information Technology said that the issue was of “very deep and immediate concern&rdquo…read more on TotalTele.com »

Tags: mobile chinese app ban

 

Zimbabwean government suspends all mobile money transactions over suspected malpractice

2020-06-29 09:44:00| Telecompaper Headlines

(Telecompaper) The Zimbabwean government has, with immediate effect, suspended all monetary transactions on mobile money platforms, reported New Zimbabwe. The suspension is intended "to deal with malpractices, criminality and economic sabotage" perpetuated by people fuelling parallel market rates. Information permanent secretary Ndavaningi Mangwana said the tough measures were meant "to facilitate intrusive investigations, leading to the arrest and prosecution of offenders".

Tags: money mobile government transactions

 

Moody's downgrades Dish rating on doubts over mobile plans

2020-06-29 08:43:00| Telecompaper Headlines

(Telecompaper) Moody's Investors Service has downgraded Dish Networks ratings, saying the company will need a lot more capital to finance its planned 5G IoT network. The agency reduced its rating on Dish bonds to a step below investment grade, to Ba3, from B1. It cited concerns about the height of the investment needed, noting Dish's declining revenues amid the need for more capital to refinance and repay debt. Those concerns will continue until the company secures an equity investment or partners. "We also believe risk is rising due to the continuing secular decline of DBS's pay-TV subscriber base," the rating agency said.

Tags: rating mobile plans dish

 

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