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GERMANY: DT sells asset, considers share buyback
Deutsche Telekom has sold its facility management unit DeTelmmobilien to Austrian company Strabag in a deal that includes a 10-year contract stating that Deutsche Telekom will carry out the company's facility management services until 2018....
GERMANY: Liberty mulls Unitymedia bid
Liberty Media is considering a takeover bid for German cable operator Unitymedia, according to German magazine Werben & Verkaufen....
NORWAY: Vimpelcom"s Burma ambitions spell trouble for Telenor
Norway's Telenor could have to sell its 29.9% stake in VimpelCom if the Russian operator decides to enter Burma, says Norwegian newspaper Dagens IT....
UK: Kennet secures US$315m equity boost
Private equity firm Kennet Partners has today closed its third round of funding, raising US$315m....
FRANCE: Commission recommends re-use of low band frequencies
A French commission working on digital dividend recommends that frequencies freed up by the switch from analogue to digital channels be reused to extend the coverage of fixed and mobile high speed access....
NETHERLANDS: KPN to share Networks
Dutch telco KPN has announced that it will open its networks up to competitors to increase utilisation once it begins offering high-speed fibre-optic access, reports Reuters....
RUSSIA: Comstar receives an intrazonal licence in Ryazan region
Russian fixed-line operator Comstar UTS has been granted an intrazonal licence in the territory of Ryazan region....
BAHRAIN: Bahrain mandates for mobile licence sale
The Telecoms Regulatory Authority (TRA) of Bahrain has appointed US-based Telecommunications Management Group (TMG) to advise on the award of the third mobile licence in the country....
SARABIA: Zain sets date for Saudi launch
Zain is ready to launch operations in Saudi Arabia next month, having missed its earlier June target, the company confirmed....
INDIA: Unitech shortlist bidders
New mobile licencee Unitech has shortlisted AT&T, Qtel and Etisalat in its bid to divest 25% to 35% for around US$1bn, valuing the company at around US$3bn....
BANGLADESH: Grameenphone IPO approved
Grameenphone's board has approved an earlier proposal to launch an IPO and expects to rake in US$150m from it....
INDONESIA: Indosat in bond buy back
Indosat and its subsidiary companies have made an offer to buy back US$550m worth of US dollar denominated bonds, according to Antara News....
USA: Sprint sells mobile towers for US$670m
The US's third largest mobile carrier, Sprint Nextel, has agreed to sell the bulk of its mobile towers to TowerCo, a private-equity backed infrastructure operator, for US$670m in cash....
UK: Cisco buys Pure Network for US$120m
Cisco has acquired Seattle-based Pure Networks for US$120m....
CANADA: Telus and Bell Canada mull over GSM switch
Telus and Bell Canada are considering switching their cell phone network technology from CDMA to a GSM-compatible one, says a report by UBS Investment Research....
CHILE: Telefonica may sell assets
Chile's largest fixed-line operator Telefonica Chile has said that it may halt investments and sell assets in order to increase its cash flow in the face of rocketing inflation....
COSTARICA: World Bank to inject cash into Costa Rica
The World Bank is thought to be considering a US$27m loan request form the government of Costa Rica to aid the telecoms industry, according to BNamericas....
RUSSIA: New head appointed at UTC
Alexander Arnautov has been appointed general director of Ural Telephone Company (UTC), an alternative operator in the city of Yekaterinburg and Sverdlov region....
UK: Vodafone hits back with £1bn share buyback
UK mobile operator Vodafone will launch a £1bn share buyback scheme with immediate effect in the wake of its disappointing trading update and subsequent fall in share price....
UK: Sweden"s Icomera buys UK rival Moovera
Swedish in-vehicle wireless provider Icomera has agreed to acquire UK rival Moovera Networks for an undisclosed sum....