Just a day after announcing they were in "advanced discussions with respect to a potential full combination," Nokia and Alcatel-Lucent on Wednesday revealed full details of their plans to combine under the Nokia brand, with headquarters in Finland, a strong presence in France and Nokia boss Rajeev Suri as CEO.
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Hutchison Whampoa is expanding its wholesale business with the launch of a mobile virtual network enabler (MVNE) to help new mobile virtual network operators (MVNOs) launch services on its networks in Europe and Asia.
T-Mobile Austria future-proofed its billing systems with a deal to deploy an Openet fully converged and virtualised billing system, the Ireland-based BSS company said.
MTN Business Namibia's managing director Manfred Engling said the company had invited local investors to purchase a 30 per cent stake in the operator as part of its licensing terms, rather than a need to raise cash.
Cinven, a private equity company, confirmed it has made a binding offer for the Slovenian government's stake in Telekom Slovenia (or Telekom Slovenije), but revealed few details as to the size of the offer.
Speculation over Ericsson's future strategy has intensified following Nokia's announcement this week that it plans to buy Alcatel-Lucent, with some saying the Sweden-based vendor will be forced to expand its fixed-line business.
According to the World Bank's Global Findex Database for 2014, 12 per cent of adults in Sub-Saharan Africa have a mobile money account, compared to just 2 per cent of adults worldwide.
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CenturyLink is suing the FCC over its net neutrality rules. The lawsuit was filed Friday in the U.S. Court of Appeals for the D.C. Circuit.
Antitrust attorneys for the U.S. Justice Department are nearing a recommendation to block the proposed $45.2 billion merger of Comcast and Time Warner Cable, according to a Bloomberg report that cited anonymous sources.