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    Vodafone India expands 3G spectrum base, spends $4B Edit Post

    Vodafone India announced that it will pay INR258.1 billion ($4.12 billion) to acquire a total of 78.4MHz of spectrum in 12 regions, or “circles”. India’s spectrum auction, which closed earlier this week after three weeks of bidding, will bring in a record INR1.1 trillion ($17.6 billion) for the government. Vodafone India, the country’s second largest mobile operator ...
  • Huawei

    Huawei poses no UK security threat, says report Edit Post

    Chinese supplier Huawei is not a UK security threat according to a board comprising representatives from the UK government and intelligence agencies. Huawei, under suspicion by various governments that it might be involved in China-backed cyber hacking – something which the firm has always denied – set up the Huawei Cyber Security Evaluation Centre (HCSEC) in ...
  • Telecom Italia

    Telecom Italia may revisit Metroweb acquisition talks Edit Post

    Following news that Vodafone Italia has reached a preliminary deal to buy a stake in Milan-based fibre operator Metroweb, Telecom Italia’s board of directors are to meet today (March 26) to assess their own plans of acquiring the company, Reuters reported. The Italian government has considered using the broadband company, held by asset management firm F2i, as the vehicle ...
  • Hong Leong Bank CEO

    "If we don't innovate, we will perish" warns Hong Leong Bank CEO Edit Post

    VIDEO INTERVIEW: The CEO of Malaysia’s Hong Leong Bank, Raja Teh Maimunah, told Mobile World Live that while banks are not necessarily agile in adapting to change, there is still an opportunity to provide services in the mobile space by, for instance, collaborating with telcos. “One of the biggest challenges we face is our IT legacy ...
  • Brazil

    Telefonica plans $3.3B rights issue after Brazil subsidiary gets ... Edit Post

    Cade, Brazil’s competition watchdog, granted Telefonica Brasil conditional approval to buy broadband provider GVT, which was quickly followed by an announcement from parent company Telefonica Group that it will sell new shares to existing shareholders in order to raise €3 billion ($3.3 billion) to help fund the $7.8 billion cash and stock deal. A combination of ...

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    India’s spectrum auction closes, bids hit $17.6B Edit Post

    India’s spectrum auctions have come to a close, after three weeks and 115 bidding rounds, raising INR1.1 trillion ($17.6 billion) from eight operators. Almost 90 per cent of the total spectrum being auctioned off has been provisionally sold, the government said. The amount expected to be generated tops the INR1.06 trillion raised in the 2010 auctions. The operators ...
  • andrus_ansip

    EC’s Ansip admits digital single market will be “uphill struggle” Edit Post

    Different rules and regulations across the EU’s 28 member states are thwarting growth of the region’s digital economy - which the EC’s College of Commissioners highlighted today in its first discussion on the ‘digital single market strategy’ - yet Andrus Ansip, EC’s vice-president for the digital single market, said he was “under no illusions” as to how ...


  • BT Logo

    BT goes for value with UK mobile return Edit Post

    BT confirmed its anticipated return to the UK consumer mobile market, positioning what was described as the country’s “best value 4G mobile data deal” as a “reward for its BT broadband customers”. “Offering BT customers the UK’s best value 4G data deal is a great way to start our journey towards re-establishing ourselves as a major ...