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New leader for Hawaiian Telcom as Cincinnati Bell deal closes

2018-07-03 02:00:00| Total Telecom industry news

Following the completion of its acquisition by Cincinnati Bell, Hawaiian Telcom has named a new leader in the shape of company insider John Komeiji. Komeiji steps up from the post of chief administrative officer and general counsel to become president and general manager of the Hawaiian telecoms operator…read more on TotalTele.com »

Tags: deal leader bell cincinnati

 

TIM curbs costs with procurement deal

2018-07-03 02:00:00| Total Telecom industry news

TIM on Tuesday announced it has signed a procurement deal with various Italian infrastructure suppliers as part of a bid to curb costs. The companies in question are Sirti…read more on TotalTele.com »

Tags: costs deal tim procurement

 
 

Poundworld rescue deal at risk, claims founder

2018-07-02 16:17:25| BBC News | Business | UK Edition

Chris Edwards says the retailer's administrator is dragging its feet over striking a deal.

Tags: deal risk claims rescue

 

Teleology seeks 20-day extension to close 9mobile deal

2018-07-02 09:43:00| Telecompaper Headlines

(Telecompaper) Teleology, the preferred bidder for the acquisition of Nigerian operator 9mobile, has requested three weeks to finalise the deal, NAN reported.  According to a source close to Barclays Africa who is in the know, Teleology reportedly communicated its commitment to paying the final bid price to the bank days ahead of the 90-day deadline on 30 June. The source said that Teleology had, however, requested 20 working days' extension from the Central Bank of Nigeria "to enable it to perfect" the process for the final payout in line with the provision of the acquisition agreement.

Tags: close deal extension seeks

 

9mobile deadline passes, but deal imminent

2018-07-02 02:00:00| Total Telecom industry news

The deadline has passed for 9mobile's would-be new owner to pay the US$450 million it owes to complete the takeover deal, but local news sources say it will go ahead soon regardless. Teleology Holdings paid a US$50 million deposit for Nigerian mobile operator 9mobile in March and was due to transfer the balance of the agreed $500 million purchase price within 90 days…read more on TotalTele.com »

Tags: deal passes deadline imminent

 

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