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South Africa-based MTN said Turkish operator Turkcell has informed it that it will be filing a claim in a US court concerning Irancell, in which MTN has a 49 percent stake. The state-owned Iran Electronic Development Company owns the other 51 percent. Turkcell submitted a ... | Read
France Telecom-Orange has entered into a binding agreement with its partner Mid Europa Partners for the sale of Orange Austria to Hutchison Whampoa's 3 Austria. France Telecom-Orange holds 35 percent in Orange Austria and MEP the remaining 65 percent. As part of the ... | Read
Mobile continues to grow in popularity as a channel for acquiring financial information and account servicing, with mobile financial users representing 16 percent of the US mobile audience of 234 million users in the second quarter of 2011, according to a study by comScore. ... | Read
Estonian operator Elion reported that its household pay-TV subscribers base grew by 14,800 in 2011, to almost 140,000. The market penetration of the service reached 40 percent. The operator's internet subscriber base soared by 9,400, to 201,000. The market penetration ... | Read
Telekom Austria shareholder Ronny Pecik is closing in on a blocking minority stake of 25 percent of Telekom Austria, reports the 'Wiener Zeitung' newspaper citing unnamed financial sources. Pecik's Vienna-based investment vehicle RPR Privatstiftung will exercise various ... | Read
German cable operator Kabel Deutschland announced that subsidiary Kabel Deutschland Vertrieb und Service has successfully extended EUR 782 million of its TLA1, TLA2 and TLC1 maturities from March 2014 to March 2017. It has also issued a prepayment notice for EUR 557 million ... | Read
Two million people or around 850,000 households in the districts of Lisbon, Santarem, Setubal and Evora are now receiving digital terrestrial TV after the completion of the first phase of the analogue switch-off in Portugal. The move comes after the switching off of the ... | Read
Following a management buyout, Padua-based IT company Infracom IT has exited the Infracom Group. The company, assisted by Studio Lambertini Associates of Verona, has officially announced the transfer of shares to the management of the company, including founders Antonio ... | Read
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