List of Business News Articles

Moody's: SKT and KT's ratings unaffected by spectrum auction bids
Moody's Investors Service says the successful bids by SK Telecom and KT Corporation for spectrum blocks will increase adjusted leverage for both companies, but will not affect their ratings and stable outlooks. ...read more

2degrees Mulling Stock Market Listing
New Zealand's third mobile network operator, 2degrees is reportedly planning a stock market listing which could value the company at around NZ$800 million. ...read more

Bell Canada Makes Takeover Bid for Manitoba Telecom Services
Bell Canada has announced that it is paying C$3.9 billion (US$2.5 billion) to buy local rival, Manitoba Telecom Services. ...read more

Zain Boosts Presence in Sudan with Landline Buy
Kuwait based Zain has announced that it is paying US$95 million to buy a majority stake in a Sudan based landline network operator. ...read more

America Movil Looking to Sell KPN Stake
Mexico based America Movil is reportedly considering selling its minority stake in Dutch KPN, less than three years after it failed in a bid to takeover the company. ...read more

Mobily Slips Back into Profit
Saudi Arabia's struggling mobile network operator, Etihad Etisalat (Mobily) has posted its first profit following the write down of nearly US$1 billion of its previous earnings. ...read more

China Unicom Issues Profits Warning
The Chinese mobile network operator, China Unicom has issued a profits warning, having estimated that its Q1 net profits would fall, blaming rising costs. ...read more

EU Expected to Block UK Mobile Mergers
A merger of two of the UK's mobile networks is expected to be blocked by European Union competition authorities concerned about consolidation in the market. ...read more

Ericsson to acquire NodePrime to accelerate software defined infrastructure
Ericsson has announced its intention to further invest in NodePrime to acquire the entirety of its operations and talents based in San Francisco. ...read more

Verizon Mulling Takeover Bid for Yahoo
Verizon Communications is expected to launch a takeover bid to buy the search engine, Yahoo in order to boost its growing online content businesses. ...read more

Alfa Telecom Offers to Sell Turkecell Stake for $2.7 Billion
Russia's Alfa Telecom has indicated that it is willing to sell its stake in Turkcell for US$2.7 billion in a move which could finally resolve a long running legal dispute. ...read more

Italian Telco Merger to be Investigated by European Commission
The European Commission has opened an in-depth investigation to assess whether the proposed joint venture between the telecommunications activities of Hutchison and VimpelCom in Italy is in line with the EU Merger Regulation. ...read more

ZTE to Replace Three Executives in Wake of US Sanctions
Three senior ZTE executives, including the CEO are expected to resign later this week, following a decision by the US government to impose restrictions on the company. ...read more

Huawei Profits Jump by a Third
China's Huawei has reported a one-third jump in its full year profits as the company said it was boosted by demand for its smartphones. ...read more

Vodafone Egypt to Pay Delayed Dividends
Vodafone's Egyptian subsidiary has signed a deal to release withheld dividends to its second largest shareholder, the local landline operator, Telecom Egypt. ...read more

Orange Extending Bouygues Telecom Takeover Talks
France's Orange and Bouygues Group are extending their ongoing talks which could see Orange buying the local mobile network operator, Bouygues Telecom. ...read more

O2 sale could be key to EUR15 billion total debt reduction for Telefonica
The rating agency expects EUR15 billion total debt reduction through 2017 including different cash raising actions such as the O2 sale. ...read more

XL Axiata Selling Towers to Pay Down Debt
Indonesia's XL Axiata has announced that it is selling 2,500 of its towers to the local tower operator, Protelindo for US$267.2 million. ...read more

Moody's: Tower companies poised for ongoing growth in India and Indonesia
Tower companies in India and Indonesia are the most developed in Asia and expected to continue growing - but geographical, operational and regulatory differences between the two countries will affect their growth rates and financials. ...read more

MobiFone Selling Stakes in Unrelated Subsidiaries
Vietnam's state-owned mobile network, MobiFone is to sell its stakes in two banks, local media has reported, raising around US$20 million. ...read more

Telecom Italia CEO Set to Leave the Company
Telecom Italia has announced that its CEO, Marco Patuano is stepping down, following weeks of speculation. ...read more

Spain's Yoigo is up for Sale - Again
TeliaSonera has confirmed that it is in talks which could see another attempt to sell its Spanish subsidiary, Yoigo. ...read more

Telstra Cancels Plans for Philippines Network Investment
Australia's Telstra has announced that plans to invest up to US$1 billion into a Philippines mobile network have been cancelled. ...read more

Chinese Officials Hit Back at US Ban on ZTE Exports
Chinese government officials have hit back at a ban imposed on ZTE from buying USA supplied components for its hardware. ...read more

Tesco Mobile Seeking to Buy Out Mobile Network Joint Venture
UK based MVNO, Tesco Mobile is reportedly seeking to buy out its airtime partner and switch to a different network. ...read more

Softbank to Split Off International Assets into New Company
Japan's Softbank has announced that it plans to split into two wholly owned subsidiaries, splitting its Japanese and overseas operations into separate groups. ...read more

Vodafone Eyeing Sale of New Zealand Assets
Vodafone may be looking to sell its New Zealand subsidiary's landline assets, according to local media reports. ...read more

ZTE Facing a US Export Ban for Selling to Iran
The USA is reportedly set to impose export restrictions on US firms supplying components to China's ZTE, following allegations that ZTE broke sanctions on Iran. ...read more

T-Mobile Sale Put on Hold
Plans to put T-Mobile USA up for sale by its majority shareholder have been put on hold ahead of the forthcoming radio spectrum auction. ...read more

Qualcomm Accused of Hiring Relatives Of Chinese Officials To Win Deals
Qualcomm has been fined after it was accused of hiring relatives of Chinese government officials who had a say in the choice of its products. ...read more