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Telecom Italia values fixed network at 6x EBITDA - report

Thursday 23 May 2013 | 11:44 CET | News
Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

Telecom Italia values fixed network at 6x EBITDA - report

Thursday 23 May 2013 | 11:44 CET | News Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

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Softbank offers US govt director veto at Sprint - report

23 May 2013 10:17 CET | United States
Softbank has agreed to give the US government the right to approve one of the board directors at Sprint, in an attempt to ease ...

Lenovo grows Q4 profit 90% to USD 127 million

23 May 2013 09:40 CET | World
Chinese PC and mobile device maker Lenovo reported sales up 4 percent to USD 7.8 billion in its fiscal fourth quarter to 31 ...

Digicel starts voice, SMS promotions in Saint Lucia

24 May 2013 07:03 CET | Saint Lucia
Digicel has launched its Free After 5 SMS, Free after 5 talk and Regional Pass promotions in Saint Lucia. With Digicel's 'Free ...

Nextel revamps corporate governance structure

24 May 2013 06:02 CET | Latin America
Latin American mobile operator NII Holdings, operating under the Nextel brand name, has changed its corporate governance. The ...

1O1O, one2free launch LTE extended spectrum

24 May 2013 05:11 CET | Hong Kong
Hong Kong mobile brand 1O1O and CSL's lifestyle brand One2free have commercially launched LTE extended spectrum together with the ...
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