Italy trousers €2 billion in pre-5G 700 MHz auction
A spectrum action in Italy covering a bunch of bands has concluded its first phase with prices roughly in line with expectations.
A spectrum action in Italy covering a bunch of bands has concluded its first phase with prices roughly in line with expectations.
Iliad has signed an agreement to become Italy’s fourth mobile network operator, following successful discussions with Three Italia and Wind.
European telco consolidation continues apace with the news that Hutchison Whampoa and Vimpelcom are in talks to merge their Italian subsidiaries: 3 Italia and WIND, respectively.
Hong Kong-based Hutchison Whampoa and Dutch operator group VimpelCom are in advanced talks over an agreement to merge their respective Italian mobile assets Three Italy and Wind, a report has claimed.
The battle for control of Greece’s leading alternative fixed line operator continues apace, with OTE joining the fray on Tuesday. The Greek carrier launched a bid of between €250-300m on a debt-free cash-free basis for the pay TV operation, Nova, which is owned by Forthnet.
A battle for control of Greece’s leading alternative fixed line operator has broken out, as Vodafone Greece joined forces with Wind Hellas to try and take control of Forthnet, which also owns pay TV operator Nova.
The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.
Shareholders in Russian operator VimpelCom have voted in favour of a $6bn merger with Wind Telecom SpA. Despite strong opposition from major shareholder Telenor, more than 53 per cent of voters supported a deal that will see the creation of the world’s 5th-largest mobile company by subscriber base.
Telenor and VimpelCom are still slugging it out over the Russian player’s proposed acquisition of Wind Telecom, part of Egyptian billionaire Naguib Sawiris’ Weather Investments vehicle and owner of Orascom.
Russia’s second biggest operator, VimpelCom, has merged with Egypt-based Orascom Telecom and investment vehicle Weather Investments, creating the world’s fifth largest mobile telecommunications carrier by subscribers.
Dominican broadband internet and pay TV provider Wind Telecom said Tuesday it has tapped Samsung to deliver a mobile WiMAX network in the Caribbean country. The Dominican Republic shares the small Caribbean island of Hispaniola with Haiti.
Egyptian carrier Orascom Telecom announced a shake up of its leadership team, promoting chief operating officer Khaled Bichara to the position of group chief executive officer.
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