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UK: O2 could also launch T-Mobile bid
Telefonica is understood to also be considering a bid for Deutsche Telekom's T-Mobile, as it fears losing its number one spot in the UK market to Vodafone....
GERMANY: KDG eyes consolidation
German cable operator Kabel Deutschland (KDG) is considering a bid to acquire Escaline Orion, according to Financial Times Deutschland....
SLOVENIA: Telekom Slovenije plans to merge Macedonian operations
Telekom Slovenije plans to merge its newly acquired mobile operator Cosmofon with its fixed line and ISP On.Net in Macedonia, according to media reports....
SWEDEN: Telia warns of challenging year
The head of Teliasonera warned that deteriorating economic conditions would impact the company's revenue in 2009....
BULGARIA: Bulgaria keeps BTC golden share
The Bulgarian government refused to give back its golden share to the telecoms incumbent BTC, Novinite reports....
AFRICA: Zain confirms hiring UBS
As revealed by TelecomFinance in June, Kuwaiti operator Zain confirmed having mandated UBS and other consultants to review its strategy....
SLOVENIA: Universal service tender in Slovenia
Slovenian telecoms regulator APEK has launched a tender for the provision of universal telecoms services, Telegeography reports....
NIGERIA: Etisalat plans US$2bn Nigerian splash
Having just passed the 1 million user mark, Etisalat Nigeria plans to spend US$2bn on its network, says a Nigerian daily....
INDIA: NTT considering Tata move
NTT Communications Corporation is considering investing in Tata Communications, according to the firm's managing director, Shin Miyanomoto, who is cited by local media....
BANGLADESH: Grameenphone gets IPO nod
Grameenphone has received formal consent from the Securities and Exchange Commission (SEC) of Bangladesh to undertake an IPO....
MEXICO: Telmex faces stricter regulation
Mexican operator Telefonos de Mexico (Telmex) is set to face increased regulation after the country's antitrust regulator, the Federal Competition Commission, has concluded that Carlos Slim's telco has too powerful a position in the market....
PAKISTAN: Mobilink launches mobile banking
Orascom's Pakistani subsidiary Mobilink has announced the launch of mobile banking services in conjunction with Citibank under an arrangement endorsed by the State Bank of Pakistan....
ASIAPACIFIC: Millicom announces Asian divestments
As reported by TelecomFinance in May, Millicom has announced that it is to sell its Asian assets in Laos, Cambodia and Sri Lanka and has hired Goldman Sachs to manage the process....
CANADA: Kavveri moves into Canadian market
Indian based Kavveri Telecom Products announced that it has acquired Canadian Trackcom Systems International for an undisclosed amount....
BAHAMAS: Bahamas to sell 51% stake in BTC
The Bahamian Prime Minister Hubert Ingraham has announced that the government is to launch a formal process to sell off a 51% majority stake in Bahamas Telecommunications Company (BTC), 11 years after the government first aired ideas of privatising t...
TURKEY: Turkcell secures infrastructure loan
Leading Turkish mobile operator Turkcell has landed a US$285m loan to invest in 2G and 3G technology from Swedish vendor Ericsson, reports Reuters....
NETHERLANDS: KPN buys Talk & Vision
The Netherlands' KPN has acquired a 51% stake in video conferencing company Talk & Vision....
ROMANIA: Telemobil sold for E207m
Greece's Cosmote has agreed to buy Romanian mobile operator Telemobil from Saudi Oger for about E61m plus about E146m debt....
POLAND: Netia amends facility
Polish alternative fixed-line operator Netia has amended its PLN 375m (E85m) credit facility agreement signed on 15 May 2007....
KENYA: Essar Kenya gets US$98.6m boost
Mobile operator Essar Kenya, which launched last October as Yu, has received a KSh7.5bn (US$98.6m) loan from the Pan African Infrastructure Development Fund (PAIDF)....