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SPECIAL REPORT

VIEWPOINT

Bharti/MTN back on as activity picks up
It is too soon for full-blown optimism but there are certainly signs of increased M&A activity in the telecoms sector with Africa at the heart of many of the largest proposed deals.

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PEOPLE

Strickling named head of NTIA
The US Senate has confirmed that Lawrence Strickling has been appointed as head of the Commerce Department's National Telecommunications and Information Administration.

EVENTS


T-Wire

TODAY'S TOP STORIES 03:16, 03 Jul 2009

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)....