List of Business News Articles

Fitch: Fourth Singapore Mobile - No Major Short-Term Impact
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. ...read more

Orange increases its interest in the Moroccan operator Méditel
Orange has increased its stake in the Moroccan telecommunications operator, Méditel. ...read more

Maltese Mobile Network Put Up for Sale by Majority Shareholder
UAE based Emirates International Telecommunications (EIT) has confirmed that it plans to dispose of its 60 percent shareholding in the Maltese telecoms operator, Go. ...read more

Qualcomm Announces 4,500 Job Losses
Qualcomm has issued a profits warning and said that it will cut around 15 percent of its workforce to reduce costs. ...read more

Fitch Places Telecom Namibia on Rating Watch Negative
Fitch Ratings has placed Telecom Namibia's long-termdebt ratings (IDR) on Rating Watch Negative (RWN). ...read more

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

Orange in Talks to Buy Bharti Aitel's African Networks
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. ...read more

Fitch Affirms Vodafone Group at 'BBB+'; Outlook Stable
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. ...read more

Fitch Affirms Etisalat at 'A+'; Outlook Stable
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% ...read more

Fitch Affirms Helios Towers Nigeria at 'B'; Outlook Stable
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 ...read more

Macedonian Competition Authority approves Merger of Vip Operator with ONE
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. ...read more

Far EasTone Leading $2.3 Billion Takeover Bid
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. ...read more

Cote d'Ivoire Nationalises Three Mobile Networks
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. ...read more

Fitch Revises Telefonica's Outlook to Stable; Affirms at 'BBB+'
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. ...read more

Turkcell Increases Investment in Ukraine
Turkey based Turkcell has announced that it is buying out its minority partner in a Ukranian subsidiary for US$100 million. ...read more

Fitch Affirms Samsung Electronics at 'A+'; Outlook Stable
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+'. ...read more

UAE to Allow Foreign Investors to Buy Stake in Etisalat
The UAE government has lifted restrictions which had blocked foreign investors from buying a stake in the country's largest telco, Etisalat. ...read more

Bouygues Telecom Faces EUR10 Billion Takeover Bid from Altice
Fast growing telecoms holding company, Altice is reported to have made a takeover bid for the French mobile network, Bouygues Telecom. ...read more

Indian Mobile Networks in Merger Talks
India's Reliance Communications (RCom) has confirmed that it is in merger talks with a rival mobile network. ...read more

Etisalat Sells Tanzanian Subsidiary for One Dollar
Millicom has signed am agreement to acquire an 85% stake in Zanzibar Telecom (Zantel) from Etisalat Group for just one dollar. ...read more

Fitch Affirms Bharti Airtel at 'BBB-'; Outlook Stable
Fitch Ratings has affirmed India-based Bharti Airtel's Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. ...read more

T-Mobile and Dish Networks in Merger Talks
Two of the USA's most bombastic CEOs are said to be in merger talks that could see T-Mobile USA combined with the satellite TV provider, Dish Network. ...read more

Nokia Networks to acquire Eden Rock to enhance its SON portfolio
Nokia Networks has signed an agreement to acquire Eden Rock Communications, a developer of SON and creator of Eden-NET, a multivendor centralized SON solution. ...read more

Zain Group invests in Wamda Capital's Venture Fund
Zain Group has announced its second foray into venture capital investment through a strategic participation in Wamda Capital's growth stage venture fund. ...read more

Deutsche Telekom acquires remaining 49%-stake in Slovak Telekom
Deutsche Telekom is acquiring the 49-percent stake of Slovak Telekom that it does not already own for a purchase price of EUR 900 million, ...read more

Vodafone Preparing for Indian Stock Market Floatation
Vodafone is reported to be preparing for the long expected stock market listing of its Indian subsidiary. ...read more

Vodafone Under Pressure to Consider Mega-Merger with Liberty Global
Vodafone is coming under pressure from shareholders to push ahead with a rumoured merger with the cable operator, Liberty Global. ...read more

Uber Said to be Close to Mapping Deal with Nokia
Controversial taxi hiring service, Uber is reportedly close to a deal to pay around US$3 billion for Nokia's digital mapping division, Here. ...read more

Liquid Telecom Buys Zambian WiMAX Operator
Pan Africa operator, Liquid Telecoms has announced the expansion of its business in Zambia following the full acquisition of Realtime, the second largest Internet Service Provider in the country. ...read more

Crown Castle Sells 1,800 Towers in Australia for US$1.6 Billion
USA based towers operator, Crown Castle has sold its Australian subsidiary (CCAL) to a consortium of investors for US$1.6 billion. ...read more