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Mobile Operator News

Latest Headlines

Latest Headlines

Kuwait's Zain sued over 2007 Iraqi acquisition

Kuwait-headquartered operator Zain revealed on Sunday that an unnamed party is suing it for $4.5 billion (€3.2 billion) in loss of earnings over the 2007 acquisition of Iraq operator Iraqna, but said it is confident it will see off the legal challenge.

VimpelCom settles Algeria dispute with Djezzy deal

VimpelCom ended a 4 year dispute with Algeria's government as part of a deal to sell a majority stake in Orascom Telecom Algérie--which operates as Djezzy--to a state investment agency.

Telefónica targets mobile ad market with dedicated exchange platform

Telefónica launched a mobile advertising exchange platform it said is the first to be owned and backed by a mobile operator, as it vies for a slice of a market that generated an estimated 13 per cent of all internet ad spending in 2013.

Report: Sawiris ready to invest up to $2B in Telecom Italia

Egyptian billionaire Naguib Sawiris said he is prepared to invest between $1 billion (€1.38 billion) and $2 billion in Telecom Italia if Telefónica withdrew from the company, and said the Italian company needed funds for future investments.

Vodacom, MTN, boost mobile subs with Nashua Mobile deal

South African operators Vodacom and MTN agreed to acquire mobile subscribers from Nashua Mobile for a reported 2.26 billion rand (€155 million/$214 million), as the reseller prepares to exit the local mobile market.

Telefonica unveils Yaap as brand name for Spanish mobile payments venture

Telefónica revealed that its landmark joint venture with Spanish banks CaixaBank and Banco Santander will be named Yaap, and that the first services will be launched in Spain in a matter of months.

Vodafone unlikely to deter suitors with Indian take over

Vodafone's move to take full control of its Indian subsidiary is unlikely to deter potential suitors that are eying an acquisition of the UK-headquartered group, a leading Ovum analyst says.

Unified licence will cost Telecom Egypt €261 million

Telecom Egypt will pay a hefty fee for a new unified operating license in the country, under plans revealed by telecoms minister Atef Helmy.

Altice rumoured to be Vivendi favourite as Bouygues makes third bid

Bouygues tendered a third bid to acquire rival French mobile operator SFR on Friday--the day the board of SFR parent Vivendi board is expected to vote on a competing offer from Altice after three weeks of exclusive negotiations with the company.

Operators embrace Line, other OTT messaging players more- but still want to go their own way

Operators are hedging their bets when it comes to over the top (OTT) messaging, embracing specialised OTT companies on the one hand, while on the other continuing to develop their own OTT messaging strategies.