List of Business News Articles

Moody's: Telekom Malaysia's 1H 2015 results support its debt rating
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. ...read more

Fitch Affirms America Movil at 'A'; Outlook Stable
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, ...read more

Fitch Revises Outlook on Sony to Positive
However, Fitch warned that Sony's profitability, will remain fragile due to its exposure to the weak consumer electronics segment. ...read more

Moody's: China Mobile's solid 1H 2015 results support its ratings
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. ...read more

Etisalat to Deny Foreign Shareholders from Voting Rights
UAE based Etisalat has said that future foreign shareholders in the company will be denied voting rights with their shares. ...read more

Fitch Affirms TeliaSonera at 'A-'; Outlook Stable
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. ...read more

Fitch Places Dish Networks on Rating Watch Negative
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 ...read more

Tough Competition to Weigh on Thai Telcos' Profitability
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. ...read more

Dish Network Loses Out on $3.3 Billion of Spectrum Discounts
USA based Dish Network has lost an attempt to claim discounts on radio spectrum purchases that are worth US$3.3 billion. ...read more

Nigerian President investigating Nitel Sale
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. ...read more

Moody's says Telstra's full-year FY2015 results support its A2 rating
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. ...read more

Samsung's 2Q Results Underscore Smartphone Challenges
Samsung Electronics' latest earnings results underscore the challenges the company faces with its weakening smartphone business, says Fitch Ratings. ...read more

Ericsson boosts IT services capabilities in Latin America
Ericsson intends to acquire the assets of Icon Americas, a Guatemala-based consulting and systems integration company. ...read more

Fitch: Sale of HERE Adds to Nokia's Financial Flexibility; Operating Profile Unchanged
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. ...read more

Fitch Affirms Motorola Solutions Ratings Following Tender Offer Announcement; Outlook Negative
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). ...read more

Apple bullish on Chinese market growth
Strong sales in China is boosting Apple's recent record increase in app sales, a senior company executive has said in an interview. ...read more

Moody's: Bharti's 1Q 2015/16 results continue to support its credit profile
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. ...read more

Fitch Affirms Wind at 'B+' on Proposed Merger; Outlook Stable
The proposed merger of Wind and 3 Italia should result in an enlarged entity with a stronger operating profile and lower leverage. ...read more

Moody's: PLDT's rising capex and weak performance in 2Q 2015 are credit negative
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. ...read more

Qualcomm to Acquire xDSL and G.fast Networking Technology Provider Ikanos
Qualcomm has entered into a definitive merger agreement to acquire Ikanos Communications, a broadband networking semiconductor and software provider. ...read more

Fitch: Slower Tower Additions to Benefit Indonesian Tower Companies
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 ...read more

Orange Sells Armenian Subsidiary to Local ISP
Orange has announced that it has signed an agreement with Ucom, an Armenian internet service provider, to sell its mobile subsidiary Orange Armenia. ...read more

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