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Articles tagged with: Turkcell and Etisalat
Iraq Planning to Award Two Additional Mobile Licenses
Iraq's government has approved plans to tender two additional mobile licenses, with one of them reserved for 3G services. The country already has three mobile networks, although there have been complaints from the regulator about poor coverage and service reliability. more
Related Tags: gsm-license, 3g-license, Iraq
Iran Cancels 3rd Mobile Phone License
The Iranian government has reportedly cancelled the award of the country's 3rd mobile phone license to an Etisalat lead consortium, saying the company had failed "to give necessary guarantees and license fees on time". more
Related Tags: zain, 3g-license, irancell, gsm, pension, tehran, license-fees, security, Iran
Turkcell Looking to Buy Controlling Stake in Indian Mobile Network
Turkey's dominant telco, turkcell is reported to have joined in the bidding to take a stake in another of India's new mobile network operators, Datacom Solutions. The deal, which is reported to be for a controlling 51% stake is expected to put the enterprise value of the company at nearly $2.2 billion. more
Related Tags: qatar-telecom, radio-spectrum, India
America Movil Reported to be Interested in Indian Investment
At least four companies are currently in negotiations to take a stake in India's Datacom - which was recently granted a mobile license covering the whole country. Over the weekend, it was reported that Carlos Slim's America Movil is one of the potential bidders for the stake which has been variously valued at around US$3 billion. Under Indian rules, foreign ownership is restricted to 74% of any telecoms operator. more
Related Tags: motorola, france-telecom, america-movil, radio-spectrum, India
Tim Hellas Pulls Sale; Owners Refinance For Dividend-Sources
LONDON -(Dow Jones)- The private equity owners of Greek mobile operator TIM Hellas Telecommuincations have decided not to sell the company after an auction failed to produce the price they were after, a person close to the deal told Dow Jones Newswires Thursday. more
Related Tags: texas, ipo, emirates
FOCUS: Russian operators find expansion success in CIS
MOSCOW, July 24 (Prime-Tass) -- Nearly five years have passed since Russian mobile operators began to expand beyond the domestic market and operators have made great strides in the countries of the Commonwealth of Independent States (CIS). In the meantime they all failed to have made any non-CIS acquisitions. more
Related Tags: megafon, teliasonera, alfa, sistema, mts, comstar, moscow, gsm-license, tele2, ote, fintur-holdings, emirates, altimo
Saudi Oger-Led Group Wins Bidding For Turk Telekom
ISTANBUL -(Dow Jones)- A consortium led by Saudi Arabia's Oger Telecom agreed to buy control of Turk Telekom (TKC), after trumping its only rival with a bid that values the fixed-line telecommunications operator at $11.9 billion, Ihlas News Agency reported Friday. more
Related Tags: avea, bt-group, bt, supreme-court, turk-telekom, oger-telecom, emirates
Saudi Oger,Etisalat Still In Turk Telekom Bidding"
ISTANBUL -(Dow Jones)- The Turkish Privatization Agency Friday said two groups -one led by Saudi Arabia's Oger Telecom and another headed by Emirates Telecommunications Corp. (ETISALAT.AD) -have made it through to the final round of bidding for a majority stake in Turk Telekom, Ihlas News Agency reported. more
Related Tags: avea, bt-group, bt, oger-telecom, emirates
Three Cos Deposit Earnest Money For Pakistan Telecom Sale
KARACHI (Dow Jones)-Three shortlisted firms, including Singapore Telecommunications Ltd. (T48.SG), have deposited $40 million each as earnest money to take part in the bidding to sell a 26% stake in Pakistan Telecommunication Co., or PTCL., a government statement said Friday. more
Related Tags: ptc, telekom-malaysia, singtel, emirates
Delay Possible In Pakistan Telecom Bidding -Minister
ISLAMABAD -(Dow Jones)- The planned bidding to sell a 26% stake in Pakistan Telecommunication Co. (PTC.KA), or PTCL, the country's largest telecom service provider, may get delayed beyond its scheduled date of June 10, a government minister said Saturday. more
Related Tags: ptc, telekom-malaysia, emirates