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US telcos and cablecos have slammed the FCC’s recently-approved ruling on net neutrality, aimed at imposing tighter regulations on the internet ecosystem.
Senior execs at incumbent telcos Verizon and AT&T, as well as cable giants Comcast and Charter Communications criticised the proposal, warning that it would lead to years of litigation and regulatory uncertainty, pose a major risk to investments and increase prices for consumers.
South African telecoms leader MTN is on the lookout for an acquisition in Zimbabwe, according to local publication the Financial Gazette.
MTN executives met with government officials in Harare, a finance official confirmed to the daily, saying “they were exploring”.
US towerco American Tower has priced its previously-announced offering of 23.5 million common shares and 12.5 million depositary shares at US$97 and US$100 per share respectively.
The underwriters have a greenshoe option to purchase up to an additional 2.35 million common shares and up to 1.25 million extra depositary shares.
Luxembourg-based telecoms holding Altice has offered a number of concessions in a bid to gain regulatory approval for its previously-announced €7.4bn (US$8.3bn) acquisition of PT Portugal, the EU competition authority said in a filing.
The watchdog, which is due to decide on the deal by 20 April, did not elaborate on the types of remedies the group had agreed to offer.
China has issued licences to provide 4G mobile services to the smaller two of the country’s three state-owned mobile network operators, China Telecom and China Unicom, the Ministry of Industry and Information Technology announced.
Number one player China Mobile received its 4G licence in late 2013, and by the end of January had 106.8 million 4G subscribers.
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