SoftBank CEO: Sprint turnaround may take 2 years
Masayoshi Son, SoftBank founder and CEO, warned that it may take as long as two years to revive the fortunes of Sprint following the Japanese company’s acquisition of the struggling US number-three operator, reports Reuters.
Etisalat, Vivendi extend Maroc Telecom deadline
Talks for Etisalat to acquire a 53 per cent stake in Maroc Telecom from French media group Vivendi are continuing, with the validity period for the binding offer and period of exclusivity granted to Etisalat extended to 31 October.
BlackBerry “very disappointed” following $965M loss
BlackBerry confirmed its anticipated poor results for the quarter to 31 August 2013, with Thorsten Heins (pictured), the company’s CEO, stating: “we are very disappointed with our operational and financial results this quarter and have announced a series of major…
Vodacom in talks for $500M Neotel takeover – report
Vodacom is in talks to buy a controlling stake in South Africa’s Neotel, said Bloomberg, in what would be the latest example of parent Vodafone bolstering mobile market share with the addition of fixed services.
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