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Manitoba Telecom Services has Allstream unit back in its fold with no other buyer

2013-11-08 03:10:13| IT Services - Topix.net

Manitoba Telecom Services Inc. hasn't lined up another buyer for its Allstream division and instead expects the business unit to regain the momentum it had before a $520-million deal to sell it to a foreign buyer was blocked by Ottawa.

Tags: no other back services

 

Telecom Italia receives offer for Argentine division

2013-11-08 01:00:00| Total Telecom industry news

Fintech offers $960 million for Telecom Italia assets, the bulk of which covers the purchase of the telco's shares in Telecom Argentina holding company.

Tags: offer italia division telecom

 
 

Telecom Italia's Q3 net profit down 27%

2013-11-08 01:00:00| Total Telecom industry news

Italian incumbent predicts stable full-year revenue, but EBITDA decline.

Tags: net profit telecom telecom net

 

Exclusive: Telefonica likely to back Telecom Italia cash call, eyes TIM sale

2013-11-06 18:43:01| Telecom - Topix.net

Spain's Telefonica is set to agree on an overhaul of Telecom Italia finances, including a likely cash injection of up to 2 billion euros, as it tightens its grip on the group and eyes a sale of its Brazilian unit TIM in 2014, multiple sources familiar with the strategy said.

Tags: back call sale eyes

 

Telecom Commission recommends increase in spectrum prices

2013-11-06 12:41:00| Telecompaper Headlines

(Telecompaper) India's Telecom Commission has recommended raising the reserve price for mobile spectrum sold in auctions by 15 percent in the 1800 MHz band and by 25 percent in the 900 MHz band, reports Reuters. The Telecom Regulatory Authority of India (Trai) had recommended a sharp cut in the auction reserve prices after most carriers stayed away from bidding in the last two auctions, saying the reserve price was too high. A ministerial panel and the cabinet will finalise the new reserve prices. India plans to conduct its next mobile auction in January 2014 and has estimated revenue of INR 110 billion from the sale of airwaves.

Tags: increase prices commission telecom

 

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