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Articles tagged with: Megafon and Teliasonera
Megafon and Turkcell to be Merged into Single Holding Company
There is to be further tidying up of the often complex Russian-Nordic telecoms investments, after TeliaSonera and Altimo agreed to merge their respective direct and indirect interests in Turkcell and megafon, into a new company. The new company will be established in a western jurisdiction and listed on the New York Stock Exchange. more
Related Tags: altimo, turkcell, new-york, Russia
MegaFon Profits Up 37% on Cost Cutting
Russia's third largest mobile network, megafon has reported a 37.2% rise in its fourth-quarter fiscal profits to 12.63 billion roubles (US$370.4 million), while sales rose by 25% to 48.44 billion roubles (US$1.44 billion). more
Related Tags: itu, , capex, Russia
Mobile Operators to See Strong Growth in Central Asia
Central Asia's emerging markets will continue flocking to mobile telecom services over the next five years, with subscriber bases growing about 13 percent per year and revenues growing by 8 percent annually through 2013, according to a new report from Pyramid Research. more
Related Tags: eu, mts, pyramid-research
Court Upholds Fine Against Russia's Megafon
A court in Tbilisi, Georgia has rejected a legal motion brought by the Russian mobile telephone carrier megafon seeking the dismissal of a fine imposed on the company by regulatory authorities for illegal unlicensed operations in South Ossetia and other areas of Georgia's sovereign territory. more
Related Tags: washington-dc, java, leonid-reiman, presence, Georgia
Fitch Upgrades TeliaSonera's Outlook to Stable
Fitch Ratings today revised Sweden-based TeliaSonera's Outlook to Stable from Negative. At the same time the agency has affirmed the Long-term Issuer Default rating (IDR) and senior unsecured rating at 'A-' (A minus). more
Related Tags: fitch-ratings, alfa, turkcell, alfa-group, fitch, presence, Sweden
TeliaSonera 2Q Net +7.8% on Emerging Mkts
STOCKHOLM -(Dow Jones)- Telecommunications operator TeliaSonera, Thursday reported a 7.8% increase in second-quarter net profit on higher sales and contributions from its operations in Russia and Turkey. more
Related Tags: mobile-data, france-telecom, Sweden
MegaFon 1Q Net Profit Up 51% on Year, On More Calls, Users
MOSCOW (Dow Jones)--megafon, Russia's third-largest mobile phone company by subscribers, said its net profit for the first quarter of 2008 rose 51% on the year to 9.26 billion rubles ($396.7 million), as new users joined the network and longer-standing ones spent more time on calls more
Related Tags: mts, mobile-telesystems, Russia
Europe Telecom Giants Call the Shots Again as M&A Picks Up
As the global financial crisis nears its one-year anniversary, Europe's top telecom operators are rediscovering an appetite for deals and preparing to pounce on vulnerable rivals, armed with solid balance sheets and needled by a rising threat from newcomers like Google and Apple. more
Related Tags: google, orange, deutsche-telekom, juniper-research, alcatel-lucent, telenor, sistema, telefonica, kpn, gartner, france-telecom, comstar, turkcell, global-crossing, ote, neuf-cegetel, hutchison, essar, chief-financial-officer, level-3, vodafone-group, hutchison-essar
UPDATE: France Telecom Shares Sag on TeliaSonera Bid Talk
PARIS -(Dow Jones)- European telecoms analysts were poring over maps of the continent Wednesday after a report in French daily Le Figaro floated the idea of a giant merger between France Telecom and Nordic operator TeliaSonera. more
Related Tags: orange, deutsche-telekom, telefonica, telecom-italia, dell, france-telecom, turkcell, antitrust, paris, stockholm, Sweden
FOCUS: MTS, Vimpelcom Hope Chatty Russians Can Prolong Growth
MOSCOW -(Dow Jones)- Russia's two biggest mobile operators will struggle to maintain their impressive growth unless they squeeze more out of customers at home and successfully exploit foreign markets, experts say. more
Related Tags: mobile-tv, virgin-mobile, mts, sistema, smartphones, arpu, turkcell, telekom-austria, vimpelcom, laptop, Russia