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Tag: telecom
Telecom Egypt inks EGP 15 bln deals with Mobinil, Vodafone
2015-01-13 15:19:00| Telecompaper Headlines
(Telecompaper) Telecom Egypt has signed wholesale agreements with mobile carriers Mobinil and Vodafone that are expected to generate in total EGP 15 billion (USD 2 billion) in revenues over the life of the contracts. Both Mobinil and Vodafone Egypt's international services agreements are valid for four years, while Mobinil has agreed to use TE's infrastructure for five years and Vodafone for three years. The international services include access to TE's international gateway, which the operators have chosen rather than acquiring their own gateway licences. TE shares 35 percent of the revenue generated from communications over the gateway. For the infrastructure contracts, TE said its wholesale division will generate a minimum of EGP 3 billion in revenues over the duration of the contracts.
Tags: deals
egypt
telecom
vodafone
Portugal Telecom shareholders delay vote on Altice deal
2015-01-13 09:05:00| Telecompaper Headlines
(Telecompaper) The shareholders meeting of Portugal Telecom on 12 January was suspended and rescheduled for 22 January. The decision came after the company's major shareholders, including Novo Banco, Ongoing and Telemar, expressed this request. With the application for suspension, the shareholders aim to get additional information, including legal opinions on the EUR 7.4 billion merger between Oi and Portugal Telecom. The meeting was scheduled to vote on Oi's proposed sale of PT Portugal to Altice. The unions of PT Portugal consider the postponement a "half victory", as it opens the possibility of the merger with Oi to be cancelled, Publico reports. For its part, the Brazilian operator said it supports the decision by shareholders.
Tags: deal
vote
portugal
delay
Portugal Telecom meeting postponed, shares resume trading
2015-01-13 01:00:00| Total Telecom industry news
Shareholders will meet to vote on Altice deal on 22 January; Oi says regulator has enough information on proposed transaction to ensure informed vote.
Tags: meeting
portugal
trading
resume
Portugal Telecom shareholders postpone decision on asset sale
2015-01-12 20:25:14| Telecom - Topix.net
It said a scrapping of the merger should be studied "because there are sufficient signs of breaches by Oi to advance with a claim for a breach of the contract". "STPT is of the understanding that a new general assembly should be called when the annulment of the merger and a retroactive dissolution of the contract between PT and Oi should be discussed," the union said in a statement.
Tags: sale
decision
portugal
asset
01.13.15 -- Google Lobbies For 3.5 GHz Band | Molex Acquires SDP Telecom
2015-01-12 08:52:33| rfglobalnet News Articles
01/13/15 RF Globalnet Newsletter
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