Latest Telecoms News about Namibia

Telecom Namibia Launches LTE Network

  Telecom Namibia says that it has switched on its LTE service and is now taking orders via its website....

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Telecom Namibia Rebrands Mobile Subsidiary

  The Namibian mobile network operator, Leo has adopted the brandname of its landline operator parent, Telecom Namibia and is to be known as TM Mobile....

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Telecom Namibia's Debt Ratings Put on a Negative Outlook

  The Negative Outlook signals Fitch's concern that the standalone credit profile is weakening and if this decline is severe, without early indications of support from the government, it may result in a multi-notch widening,...

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ZTE Wins 3G-LTE Deployment Contract in Namibia

  Telecom Namibia says that it has awarded a US$46 million contract to ZTE to build a unified mobile network that will provide it's mobile subsidiary, Leo with a transformed 2G/3G/4G networks. ...

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Fitch Revises Telecom Namibia's Outlook to Negative

  The Negative Outlook reflects the potential for a weakening in the previous strong support and strategic linkage between the Namibian sovereign and Telecom Namibia as the latter entity seeks to establish itself as an integrated fixed and mobile service operator over the next two years....

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Capital of Namibia Gains LTE Network

  Namibia based MTC has switched on its LTE network upgrade, offering coverage in the capital city, Windhoek....

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Telecom Namibia Buys Local Mobile Network

  State owned telco, Telecom Namibia has bought its mobile network rival, Leo for an undisclosed amount and will fold the company into its own mobile services....

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Fitch Affirms Telecom Namibia Debt Ratings with a Positive Outlook

  Telecom Namibia's ratings are supported by the strong strategic and operational ties with its sole shareholder the Namibian government. Fitch expects a continuation of government support and notes that the entity's standalone ratings would be below the current support driven rating level....

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Fugitive Comverse CEO settles suit for $54 million

  Jacob "Kobi" Alexander, the former chairman and CEO of voicemail software maker Comverse Technology who fled to Namibia in 2006 to avoid prosecution over stock option backdating, has agreed to pay nearly $54 million to settle a civil action by the U.S. Attorney's office....

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Telecom Namibia Debt Ratings Affirmed with Stable Outlook

  The rating affirmation reflects Fitch's continuing expectation of ongoing government support based on the company's strategic importance to the Namibian telecoms sector, given its extensive fibre network infrastructure in the domestic market. ...

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