Singapore Telecommunications (SingTel) saw its combined regional mobile customer base rise to 285 million at end-2009, an increase of 23 percent, or 52 million, from a year ago. Bharti (India) added 8.4 million mobile customers in the quarter, up from 8.1 million a quarter ... | Read
Mexican media group Televisa has requested the antitrust agency CFC's approval to acquire a stake in the local unit of mobile operator NII Holdings. The Federal Competition Commission has been notified by both companies of their intention to undertake this acquisition, an ... | Read
Russian and CIS operator Vimpelcom has launched its exchange offer to holders of VimpelCom shares and American Depositary Shares (ADSs). The new company Vimpelcom Ltd will offer depositary shares representing VimpelCom shares (DRs) or a nominal cash amount in exchange for ... | Read
British Sky Broadcasting Group has sold 404.3 million ITV shares, or 10.4 percent of ITV, in accordance with Sky's agreement with the Secretary of State for Business, Innovation and Skills. Sky placed the shares with Morgan Stanley Securities at GBP 48.50 per ITV share, ... | Read
South Africa-based media group Naspers and Russian internet-investment group Digital Sky Technologies (DST) are in talks to merge their Polish online networks Gadu-Gadu and Nasza-klasa.pl, according to Russian business daily Kommersant. Nasza-Klasa.pl is Poland's leading ... | Read
Kabel Deutschland launched its Docsis 3.0 broadband internet service, offering speeds of up to 100Mbps. The service is initially available in Hamburg and will spread to Munich, Berlin and Hanover within six months. The cable operator expects to eventually roll out Docsis ... | Read
Tele2 reported fourth-quarter sales down 1 percent from a year earlier to SEK 9.889 billion. The company attributed the fall to the sale of its fixed-line operations in Norway earlier last year. EBITDA improved slightly to SEK 2.188 billion from SEK 2.162 billion a year ... | Read
Jordan Telecom Group posted a 3.7 percent increase in net profit for 2009 to JOD 104 million as it captured market share in mobile and data services. The group, in which France Telecom owns a 51 percent stake, said revenue fell 0.3 percent to JOD 400.1 million. Its ... | Read
Deutsche Telekom CEO Rene Obermann expects a completely different revenue breakdown for the operator within five years, according to a message on Deutsche Telekom's intranet cited by the German press. Obermann unveiled the new strategy of the operator to around 1,000 ... | Read
Vodafone Spain has launched a unified communications (UC) package for business customers. The product includes Microsoft Online Services and Vodafone Office tools. The Microsoft Online Services web-based business applications combine different forms of communications into ... | Read
Japanese communications firm KDDI could amend its plans to buy a stake in cabler Jupiter Telecommunications (J:Com). The company is now in talks to acquire a smaller stake - less than one-third - than the initially planned 38 percent stake, The Yomiuri Shimbun reports. The ... | Read
Sun chief executive Jonathan Schwartz resigned from his position via Twitter, following the completion of Sun's acquisition by Oracle, the New York Times reported. "Financial crisis/Stalled too many customers/CEO no more," Schwartz wrote in his tweet, the first major CEO to ... | Read
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