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US telco AT&T has completed the sale of US$2bn worth of assets to local triple-play operator Frontier Communications.
The asset portfolio consists of AT&T’s wireline business, statewide fiber network, and U-verse operations in Connecticut.
China Unicom and China Telecom could reportedly soon create a new content delivery network (CDN) joint venture to be run by the former’s cloud computing unit.
Speculation that the two-state controlled carriers, China’s second and third largest mobile operators, could establish a joint venture has continued for more than a year, according to multiple reports citing an article in China’s 21st Century Business Herald.
CVC Capital Partners and co-investors in Indonesia’s Link Net are reportedly targeting about US$200m less from their planned sale of shares in the broadband and cable TV operator following weak investor demand.
The shareholders now aim to raise about Rp8.2trn (US$450m) from the sale, down from about Rp5.5trn (US$650m) previously, according to a Reuters report citing a term sheet.
American Tower and Cell Site Solutions (CSS) are rumoured to still be in the race to acquire TIM Brasil’s mobile tower assets.
The tower portfolio of Telecom Italia (TI)’s Brazilian unit could be split between the two, a source told Reuters.
Ceske Radiokomunikace (CRa), which owns and operates broadcasting and telecoms tower infrastructure in the Czech Republic, has named Vit Vazan as its new CFO from 1 November.
Vazan replaces Martin Gebauer, who was promoted to CEO in June.
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