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Tag: telecom
Telecom Italia launches LTE-A service in 60 Italian cities
2014-11-05 16:20:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has become the first operator to commercially launch LTE-A services in Italy, offering connections up to 180 Mbps via the network of its mobile unit TIM. The service, dubbed TIM 4G+, is available now in 60 Italian cities, including Rome, Milan, Turin, Naples and Florence, with more to come "in the coming weeks". The operator activated its LTE-A service after conducting a trial run of the technology in Turin back in July. The download speed of 180 Mbps, around twice the highest theoretical speed currently available on Italian mobile networks, was possible thanks to carrier aggregation, in this case combining two of the spectrum bands available for LTE (800, 1800 and 2600 MHz). Telecom Italia said the speed of TIM's LTE-A network would be increased to a peak of 225 Mbps in the first few months of 2015. Consumer and business customers that have already subscribed to any of TIM's 4G offers will be allowed to access the 4G+ service free of charge until 30 April 2015. In addition, a number of LTE-A compatible smartphones and tablets will be added to TIM's portfolio before the end of the year.
Tags: service
italia
cities
italian
Telecom Italia unaware of any TIM Brasil offers
2014-11-03 08:47:00| Telecompaper Headlines
(Telecompaper) Telecom Italia CEO Marco Patuano has dismissed reports in the Brazilian press that the operator has received an offer to sell its Brazilian mobile unit TIM Brasil. According to the reports, America Movil, Telefonica and Grupo Oi have agreed to launch a USD 13 billion bid for Telecom Italia's controlling stake in TIM Brasil. However, Patuano said the company had not received any offer for TIM Brasil, which remained a strategic asset, as demonstrated by the EUR 1 billion spent in a recent 4G auction. "We have a major investment programme in place and have just participated in the auction for 4G services," he said. Telecom Italia chairman Giuseppe Recchi also said that no takeover offers had been received for TIM Brasil. Both Recchi and Patuano have repeatedly stated that Brazil remains a strategic market, but that they would consider selling TIM if the price is right. Telefonica's Brazil unit, Telefonica Brasil SA, also confirmed in a statement issued to the Brazilian securities regulator that it was not involved in any talks related to a joint bid for TIM Brasil, while Brazilian operator Oi said it had engaged BTG Pactual to act as its agent to come up with a bid for TIM Brasil but that no understanding or agreement had yet been reached.
Tags: offers
italia
brasil
tim
Altice Offers Oi $8.8 Billion for Portugal Telecom Assets
2014-11-03 05:25:45| Telecom - Topix.net
Altice SA, billionaire Patrick Drahi's cable holding company, made a binding offer to acquire the Portuguese assets of Portugal Telecom from Brazil's Oi SA. The offer has an enterprise value of 7.025 billion euros and is fully financed, Altice said in a Nov. 2 statement.
Tags: offers
portugal
assets
billion
Telecom Egypt Said to Seek Advisers for Sale of Vodafone Stake
2014-11-03 01:21:03| Telecom - Topix.net
Telecom Egypt plans to hire financial advisers for the potential sale of a 45 percent stake in Vodafone Group Plc 's local unit, a company official said. The monopoly fixed-line phone company, majority-owned by the government, has sent requests for proposals to local and international banks seeking to value the unit, the official said, asking not to be identified as the information is private.
Altice makes 7bn offer for Portugal Telecom
2014-11-03 01:00:00| Total Telecom industry news
Oi/Portugal Telecom tie-up on shaky ground as French cableco comes forward with a bid for PT's domestic assets.
Tags: offer
makes
portugal
telecom
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