France Telecom has formed a joint venture with logistics firm Agility to acquire 44% of Iraqi operator Korek Telecom. Agility will pay €36 million on top of its current investment for an indirect 24% stake and France Telecom €174 million for a 20% indirect stake.
Gartner predicts a battle for supremacy in platform-as-a-service (PaaS) offerings will dominate the software industry in 2011, with a wave of new services in the pipeline.
Oddvar Hesjedal today took the reins of Telenor Group’s HR department, following two years as chief executive of the operator’s subsidiary Grameenphone.
Cisco has agreed terms of its participation in Russia’s Skolkovo project, focusing on speedy decision making, the creation of a community based on multiple ecosystems, and building global alliances with similar research facilities.
France and Spain face a legal battle over so-called ‘telecoms taxes’ after failing to respond to European Commission calls for the taxes to be dropped The EC also opened an infringement case against Hungary over similar taxes.