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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) Telefonica has agreed to buy Telecom Italia's German broadband operator Hansenet for EUR 900 million. The takeover of the DSL operator will make Telefonica the number-three player on the German market in terms of revenue, with combined...
(Telecompaper) Samsung Electronics will pay USD 1.3 billion and royalties to mobile semiconductor manufacturer Qualcomm under a new fifteen-year licensing contract. Samsung will make the advance payment for the use of Qualcomm's licences in wireless...
(Telecompaper) T-Mobile NL had at end-September 2.8 percent more mobile subscribers than the year before. Growth was seen in both prepaid and postpaid. T-Mobile was able to profit from the switch of MVNO Tele2 subscribers from KPN's network on 1...
(Telecompaper) The EU Council of Ministers and the European Parliament have reached a compromise over measures to stop illegal online file-sharing, allowing the larger telecoms regulatory reform package to go ahead. The parliament has agreed to soften...
(Telecompaper) Apple has announced that developers have created over 100,000 apps for the App Store. The iPhone and iPod touch customers in 77 countries can choose from a range of apps in twenty categories, including games, business, news, sports,...