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The Russian government is likely to buy about 20 per cent stake in telecom service provider Sistema Shyam for a little over Rs 34.32 billion. The deal values Sistema Shyam at about Rs 171.6 billion. The ...
The American Tower Corporation (ATC) is in the process of acquir- ing telecom infrastructure firm XCEL Telecom for an undisclosed amount. ATC's Mauritian subsidiary American Tower Mauritius has The ...
BSNL is planning to bid for a telecom licence in Tunisia, along with Telecommunications Consultants of India Limited, in order to enter the African telecom market. The licence will be valid for 15 BSNL ...
Alcatel-Lucent is likely to submit an expression of interest to buy out a part of Indian Telephone Industries (ITI). Alcatel-Lucent will reportedly consider taking over a part of ITI, if the govern- Alcatel-Lucent ...
The Essar Group is likely to dilute its stake in Econet Wireless Kenya, its telecom venture in the country. Reportedly, Essar is looking at inducting a private equity firm as a strategic The Essar ...
The Foreign Investment Promotion Board (FIPB) has approved Switzerland-registered telecom company ByCell Communi- cations' plans to invest over Rs 25 billion in India. Prior to this, the telecom The ...
Kenya-based wireless operator Safaricom intends to raise $154 million in phases over fiscal year 2009-10 to fund its network expan- sion plans. In the first phase, the company plans to raise $64 Kenya-based ...
Indonesia's third largest mobile operator by subscribers, Excelcomindo Pratama (XL), is looking for $400 million worth of loans in 2009 to refinance its debts. According to sources, the operator is Indonesia's ...
Thailand's information and communication technology ministry has ordered state-run telecom operator TOT to cut its 3G mobile ser- vices development budget from 29 billion Thai baht to 20 billion Thai Thailand's ...
Iraq-based fixed-wireless operator Kalimat Telecom has signed a $25 million contract with Hong Kong-based operator PCCW to launch internet protocol TV (IPTV) and mobile TV services in Iraq and Iraq-based ...
Bangladesh Telecommunications Company Limited (BTCL) has contracted South Korean telecom operator KT Corporation to install a new IP backbone to expand the availability of high speed internet Bangladesh ...
Chinese hardware vendor ZTE and Malaysian wireless broadband provider Packet One Networks (P1) have entered into a $28 million contract that will see the former plan, design and deploy Wi-Max Chinese ...
Chunghwa Telecom has entered into an operational alliance with Taiwan's fourth largest internet service provider by subscribers, So-net Entertainment. Under the deal, Chunghwa will acquire a 30 per Chunghwa ...
Qatar Telecom (Qtel) and Vodafone Qatar have signed two strategic agreements on bilateral outdoor mobile cell site sharing and net- work interconnection. According to the agreement on outdoor site Qatar ...
Japan's NTT DoCoMo has announced the successful completion of initial field tests of long term evolution (LTE) wireless tech- nology, claiming data transmission rates of 120 Mbps in an urban setting. Japan's ...
Telenor Pakistan and the Universal Service Fund (USF) have signed a contract worth $251.9 million that will see the former provide basic telephone services in Pakistan's rural regions. According Telenor ...
Nokia Siemens Networks (NSN) has won an order from Indonesian mobile operator Telkomsel to expand network cover- age, enhance Telkomsel's current network capacity and improve per- formance. The deal Nokia ...
Vodafone Qatar has announced that 40 per cent of its shares will be listed on the Doha Securities Market, following an initial pub- lic offering (IPO) that will be launched on April 12 and close on Vodafone ...
South Korean fixed line and broadband operator SK Broadband has signed a deal with Alcatel-Lucent under which the latter will sup- ply and maintain its IP service routing solution to support SK's South ...
Hong Kong's financial markets regulator, the Securities and Futures Commission (SFC), has told a court reviewing the proposed takeover and delisting of telecom group PCCW, to disallow the Hong Kong's ...
Alcatel-Lucent has signed a $52.87 million deal with CMPak (Zong), the Pakistan-based subsidiary of China Mobile. According to the agreement, Alcatel-Lucent will expand Zong's existing GSM/EDGE Alcatel-Lucent ...
The MTN Group is considering a $450 million bid for Econet Wireless Kenya (EWK), Kenya's fourth largest wireless operator by subscribers. EWK, which is owned by Econet Wireless International (EWI), The ...
Motorola has been awarded a $116 million contract to expand Saudi Arabia-based mobile operator Mobily's GSM network. The turnkey expansion will enhance Mobily's GSM coverage and cap- acity as the Motorola ...
The Japanese government is planning to invest $30.6 billion in the country's information and communications technology sector over the next three years. The plan, headed by Prime Minister Taro Aso, The ...
NSN has completed the second phase of deployment of China Mobile's TD-SCDMA network. The company has been working closely with China Mobile subsidiaries Fujian Mobile, Henan Mobile, Jiangxi Mobile NSN ...
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