Business Category

Fitch: Turkish Telecoms Face Increasing Triple-play Competition
September 4th 2015 - 01:45 GMT
Expanding pay-TV services can help telecoms operators to maintain and grow mobile and broadband market share, but high content costs could erode profitability....more

Moody's: Telekom Malaysia's 1H 2015 Results Support Its Debt Rating
September 1st 2015 - 02:30 GMT
Moody's Investors Service says that Telekom Malaysia's results for the six months to June 2015 (1H 2015) support the company's A3 issuer and senior unsecured ratings and positive outlook....more

Fitch Affirms America Movil at 'A'; Outlook Stable
August 31st 2015 - 02:55 GMT
AMX's ratings reflect its position as the largest wireless service provider in Latin America with well-established multiple service platforms and solid network competitiveness and a high degree of geographical cash flow diversification,...more

Fitch Revises Outlook on Sony to Positive
August 28th 2015 - 01:00 GMT
However, Fitch warned that Sony's profitability, will remain fragile due to its exposure to the weak consumer electronics segment....more

Moody's: China Mobile's Solid 1H 2015 Results Support Its Ratings
August 26th 2015 - 02:45 GMT
Moody's Investors Service says that China Mobile Limited's solid results for the six months to 30 June 2015 (1H 2015) support the company's Aa3 issuer rating and stable outlook....more

Etisalat to Deny Foreign Shareholders from Voting Rights
August 25th 2015 - 03:30 GMT
UAE based Etisalat has said that future foreign shareholders in the company will be denied voting rights with their shares....more

Fitch Affirms TeliaSonera at 'A-'; Outlook Stable
August 25th 2015 - 01:30 GMT
TeliaSonera's ratings are supported by its strong operating profile, as evidenced by leading market positions in most of its geographic markets, broad diversification and strong financial metrics relative to its peer group. ...more

Fitch Places Dish Networks on Rating Watch Negative
August 24th 2015 - 01:25 GMT
The Negative Watch reflects the uncertainty surrounding Dish's funding strategy and potential negative effect on Dish's credit profile arising from the announcement that the FCC voted to deny $3.3 billion in bidding credits previously awarded to Dish...more

Tough Competition to Weigh on Thai Telcos' Profitability
August 21st 2015 - 01:20 GMT
The latest results for AIS and DTAC - the two largest Thai telcos that account for over 80% of service revenue market share - highlight the challenge facing the industry....more

Dish Network Loses Out on $3.3 Billion of Spectrum Discounts
August 19th 2015 - 02:45 GMT
USA based Dish Network has lost an attempt to claim discounts on radio spectrum purchases that are worth US$3.3 billion....more

Nigerian President Investigating Nitel Sale
August 19th 2015 - 02:20 GMT
The sale of the former state-owned telco, Nitel, and its miniscule mobile subsidiary has been put into question following the intervention of the newly elected President....more

Moody's Says Telstra's Full-year FY2015 Results Support Its A2 Rating
August 18th 2015 - 01:45 GMT
Moody's Investors Service says that Telstra's solid full-year results for the fiscal year ended 30 June 2015 (FY2015) are broadly within expectations and support its A2 long-term issuer rating. ...more

Samsung's 2Q Results Underscore Smartphone Challenges
August 14th 2015 - 01:25 GMT
Samsung Electronics' latest earnings results underscore the challenges the company faces with its weakening smartphone business, says Fitch Ratings....more

Ericsson Boosts IT Services Capabilities in Latin America
August 14th 2015 - 01:00 GMT
Ericsson intends to acquire the assets of Icon Americas, a Guatemala-based consulting and systems integration company....more

Fitch: Sale of HERE Adds to Nokia's Financial Flexibility; Operating Profile Unchanged
August 13th 2015 - 01:30 GMT
Fitch Ratings says Nokia's planned sale of its digital mapping and location services business will increase financial flexibility but leave the operating profile unchanged....more

Fitch Affirms Motorola Solutions Ratings Following Tender Offer Announcement; Outlook Negative
August 12th 2015 - 01:30 GMT
Fitch Ratings has affirmed the 'BBB' Issuer Default Rating assigned to Motorola Solutions following the company's announced tender offer of up to $2 billion of share repurchases and $1 billion strategic investment from Silver Lake Partners (SLP)....more

Apple Bullish on Chinese Market Growth
August 11th 2015 - 03:40 GMT
Strong sales in China is boosting Apple's recent record increase in app sales, a senior company executive has said in an interview....more

Moody's: Bharti's 1Q 2015/16 Results Continue to Support Its Credit Profile
August 11th 2015 - 03:20 GMT
Moody's Investors Services says that Bharti Airtel's operating performance for the first quarter ended 30 June 2015 (1Q 2015/16) continues to support its Baa3 credit profile....more

Fitch Affirms Wind at 'B+' on Proposed Merger; Outlook Stable
August 11th 2015 - 01:20 GMT
The proposed merger of Wind and 3 Italia should result in an enlarged entity with a stronger operating profile and lower leverage. ...more

Moody's: PLDT's Rising Capex and Weak Performance in 2Q 2015 are Credit Negative
August 10th 2015 - 03:00 GMT
Moody's Investors Service says that Philippine Long Distance Telephone Company's (PLDT) increasing capex and continued weak operating performance in 2Q 2015 are credit negative. ...more

Qualcomm to Acquire XDSL and Networking Technology Provider Ikanos
August 10th 2015 - 02:30 GMT
Qualcomm has entered into a definitive merger agreement to acquire Ikanos Communications, a broadband networking semiconductor and software provider....more

Fitch: Slower Tower Additions to Benefit Indonesian Tower Companies
August 10th 2015 - 01:45 GMT
Fitch Ratings says that the Indonesian telecom tower companies' leverage ratios are likely to improve, as their capex declines due to lower demand for additional towers...more

Orange Sells Armenian Subsidiary to Local ISP
August 9th 2015 - 08:14 GMT
Orange has announced that it has signed an agreement with Ucom, an Armenian internet service provider, to sell its mobile subsidiary Orange Armenia....more

Fitch: Fourth Singapore Mobile - No Major Short-Term Impact
July 29th 2015 - 01:00 GMT
The entry of a fourth mobile network operator (MNO) in Singapore should have only a limited impact on the mobile telecommunications sector in the short term, says Fitch Ratings. ...more

Orange Increases Its Interest in the Moroccan Operator Méditel
July 28th 2015 - 01:45 GMT
Orange has increased its stake in the Moroccan telecommunications operator, Méditel....more

Maltese Mobile Network Put Up for Sale by Majority Shareholder
July 27th 2015 - 02:50 GMT
UAE based Emirates International Telecommunications (EIT) has confirmed that it plans to dispose of its 60 percent shareholding in the Maltese telecoms operator, Go....more

Qualcomm Announces 4,500 Job Losses
July 22nd 2015 - 23:08 GMT
Qualcomm has issued a profits warning and said that it will cut around 15 percent of its workforce to reduce costs....more

Fitch Places Telecom Namibia on Rating Watch Negative
July 22nd 2015 - 02:05 GMT
Fitch Ratings has placed Telecom Namibia's long-termdebt ratings (IDR) on Rating Watch Negative (RWN)....more

Huawei Revenues Jump by 30% on Strong Smartphone Sales
July 21st 2015 - 02:30 GMT
China's Huawei has reported a 30 percent jump in revenues for the first six months of this year, reaching US$28 billion....more

Orange in Talks to Buy Bharti Aitel's African Networks
July 21st 2015 - 02:05 GMT
France based orange has confirmed that it is looking to expand its African footprint with the possible acquisition of up to four of Bharti Airtel's subsidiaries....more

Fitch Affirms Vodafone Group at 'BBB+'; Outlook Stable
July 17th 2015 - 01:45 GMT
The group benefits from global scale, diverse operations and sound liquidity. Free cash flow generation and leverage are under pressure from acquisitions, network upgrades and extensions, and exceptional spectrum investments....more

Fitch Affirms Etisalat at 'A+'; Outlook Stable
July 16th 2015 - 01:45 GMT
Etisalat's ratings are also supported by the strong cash flow generation profile of the company's domestic business. It has a leading position in the UAE, a two-player market where it has a revenue market share of around 70%...more

Fitch Affirms Helios Towers Nigeria at 'B'; Outlook Stable
July 14th 2015 - 02:30 GMT
HTN's rating reflects the political and macroeconomic uncertainty of the Nigerian market as well as the company's revenue visibility and strong growth prospects...more

Macedonian Competition Authority Approves Merger of Vip Operator with ONE
July 14th 2015 - 01:00 GMT
The Macedonian Commission for Protection of Competition has approved the merger of Telekom Austria Group's Macedonian subsidiary Vip Operator with Telekom Slovenije's subsidiary ONE....more

Far EasTone Leading $2.3 Billion Takeover Bid
July 6th 2015 - 02:20 GMT
Taiwan's Far EasTone Telecommunications has reportedly joined a consortium of bidders that are planning a US$2.3 billion takeover bid for the country's largest cable network operator....more

Cote D'Ivoire Nationalises Three Mobile Networks
July 2nd 2015 - 02:00 GMT
The government of the Ivory Coast (Cote d'Ivoire) has nationalised three of the country's mobile networks, and plans to merge them into a single operator....more

Fitch Revises Telefonica's Outlook to Stable; Affirms at 'BBB+'
June 30th 2015 - 01:00 GMT
The revision of the Outlook to Stable is driven by expectations of stabilising operational trends within Telefonica's domestic market in Spain and improving group EBITDA over the next 12 to 18 months. ...more

Turkcell Increases Investment in Ukraine
June 29th 2015 - 02:10 GMT
Turkey based Turkcell has announced that it is buying out its minority partner in a Ukranian subsidiary for US$100 million....more

Fitch Affirms Samsung Electronics at 'A+'; Outlook Stable
June 29th 2015 - 01:00 GMT
Fitch Ratings has affirmed South Korea-based Samsung Electronics long term debt ratings at 'A+' with Stable Outlook. The agency has also affirmed SEC's senior unsecured rating at 'A+'....more

UAE to Allow Foreign Investors to Buy Stake in Etisalat
June 23rd 2015 - 03:15 GMT
The UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. ...more