Vodafone details share proceeds from Verizon deal; Telefónica reportedly refinances €3B loan

> United Arab Emirates-based Du expects further growth in the business due to a buoyant local economy, and reported a rise in revenue and a better than expected fourth-quarter profit. Article

> Hertzel Ozer, the chief executive of Israeli cable operator HOT, will be replaced by Zachi Ilan on March 1. Ozer is to move up to parent company Altice. Article

> Vodafone has provided details on how it will dish out the windfall from the sale of its stake in Verizon Wireless. Article

> Telefónica has refinanced a €3 billion ($4 billion) syndicated loan with 26 creditor banks, sources say. Article

> Vodafone Spain has lodged a complaint against rival Telefónica alleging it is abusing its position in the fixed-line services market after it struck a deal with Jazztel. Article

And finally…Despite efforts to clamp down on Flappy Bird clones, "flappy" and "slappy" apps are sneaking through. Article

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