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Brazil's justice ministry has started an investigation into the merger of telephony operators Oi and Brasil Telecom. The public inquiry was opened in the state of Rio Grande do Sul by federal prosecutor Jose Osmar Pumes.
Danish telecommunications operator TDC has decided to carry out a reduction in number of employees to ensure that TDC can continue a positive development, after reporting low revenues for the first half of this year.
Egypt-based telecommunications operator Orascom Telecom reports a 19 percent increase in revenues to USD 2.65 billion for the first half of this year compared with the first half of 2007. At the same time, its EBITDA grew by 22 percent to USD 1.16...
A Siberian city court in Russia has issued a verdict holding mobile operator Telenor liable for USD 2.8 billion in damages plus RUB 460,000 in costs for allegedly having delayed VimpelCom's acquisition of Ukrainian Radio Systems (URS).
Telecom Italia has lowered its full-year outlook due to slower sales at its units in Brazil and Germany. Mobile operator TIM Brasil has cut its sales growth outlook to 7 percent, from an estimate of 9 percent in May...
(Telecompaper) Middle East and African mobile company Zain Group has confirmed that the merger agreement between Zain and Palestinian Telecommunications (PalTel) announced earlier in 2009 will not proceed. Zain Group's chief communications officer...
(Telecompaper) UPDATE: KPN may consider network sharing with Telefonica O2 Germany to share costs and wants to talk with Telefonica about a joint bid for German digital dividend spectrum, which will be auctioned in the first quarter of 2010, according...
(Telecompaper) Nokia plans to align its R&D operations in Finland and Denmark to be in line with the company's focused portfolio of future products. The planned changes are expected to affect up to 230 employees at Nokia's Oulu site in Finland and...
(Telecompaper) About 31 percent of all Dutch consumers have bought their mobile tariff via internet, and when buying via internet most consumers say they used the operators' e-shop, according to the new 'Dutch Mobile Consumer' report from Telecompaper....
(Telecompaper) AOL said in a filing to the SEC that it wants to cut one-third of its workforce, or around 2500 jobs, in an effort to cut around USD 300 million in annual costs, as part of its planned spin-off from Time Warner. AOL will start with a...
