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Saudi Telecom mulls creating towers company

2016-05-31 02:00:00| Total Telecom industry news

Telco is carrying out internal assessment to see what value it could gain from towers spin-off and sale, CEO reported as saying.

Tags: company creating telecom saudi

 

Globe, PLDT buy San Miguel telecom assets for PHP 70 billion

2016-05-30 09:16:00| Telecompaper Headlines

(Telecompaper) San Miguel has agreed to sell its telecom assets to Philippines operators Globe Telecom and PLDT. Each company bought half of Vega Telecom (VTI), half of Bow Arken (BAHC) and half of Brightshare (BHC) for a total amount of PHP 26.4 billion (USD 1.5 billion ) in cash. VTI owns a stake in Liberty Telecom as well as stakes in a number of other companies, including Bell Telecommunication Philippines, Eastern Telecom Philippines, Express Telecom, and Tori Spectrum Telecom, among others. The total enterprise valuation of VTI, BAHC and BHC was estimated at PHP 70.0 billion, including total liabilities of PHP 17.2 billion. 

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SK Telecom takes up chairmanship of Telecom Infra Project

2016-05-30 09:16:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom became the inaugural chair of the Telecom Infra Project (TIP), a global union of companies studying 5G network technologies, Yonhap news agency reports. TIP has appointed SK Telecom's chief technology officer Choi Jin-sung as the first chairman of the organization.

Tags: project takes telecom infra

 

Telecom Italia throws cash at CEO for turnaround

2016-05-27 02:00:00| Total Telecom industry news

Cattaneo could receive up to 40 million via special award; telco also reduces board size, adds 'TIM' to corporate brand.

Tags: cash italia ceo telecom

 

Telecom Italia launches 1-Gbps broadband in Perugia

2016-05-25 02:00:00| Total Telecom industry news

Italian incumbent talks up small-scale ultrafast broadband rollout as network competition heats up.

Tags: italia telecom broadband launches

 

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