www.WirelessFederation.com/news: PT Telekomunikasi Indonesia intends to vend its 40% stake in the network provider PT Patra Telekomunikasi Indonesia to shift its focus more on its core business, an executive reportedly said.
“We have already made an offer (to sell Patrakom) to interested parties,” Telkom Director for Information and Technology Indra Utoyo said.
On 08.29.09, In Mobile, By Editor
On 08.29.09, In Mobile, By Editor
www.WirelessFederation.com/news: The Zambia Development Agency (ZDA) reportedly unveils that an equity partner for the Zambian incumbent Zamtel will be chosen through an open tender process. Moreover, the announced that the tender would be open to both local and foreign companies.
The announcement was made after the governement last month announced the sale of a 75% stake in the telco in a bid to save it from collapse; the remaining 25% will be retained by the state.
The winner of the tender will receive its stake in Zamtel by January 2009, which will cost around USD200 million to capitalise the ailing operator.
On 08.28.09, In Mobile, By Editor
www.WirelessFederation.com/news: Telecommunications Consultants India Ltd (TCIL), the state – run firm, is likely to sell its 30% stake in India’s leading mobile operator, Bharti Airtel.
TCIL would invite bids from global firms for the stake in Bharti Hexacom through a two-stage bidding process and would appoint advisers shortly, the government said in a statement.
On 08.26.09, In Mobile, By Editor
www.WirelessFederation.com/news: The Foreign Investment Promotion Board (FIPB) of India has reportedly cleared the proposals made by the Norwegian telecoms group Telenor to raise its stake in the Indian telco Unitech Wireless. Telenor has unveiled its intentions to raise its stakes in the firm to 74% earlier this year, but has been held up following investigations into the proposals by both the FIPB and the Ministry of Home Affairs (MHA).
On 08.20.09, In Mobile, By Editor
www.WirelessFederation.com/news: NTT DoCoMo, the Japanese mobile operator, anticipates that its joint venture with Tata Teleservices (TTSL), in which it has a 26% shareholding, to start contributing to its bottom line within the next three years. The operator also plans to raise its stake in TTSL.
“We are currently satisfied with our 26% stake. But no one knows what the future old. We might increase our stake,” Toshinari Kunieda , senior vice-president and managing director of the global business division at NTT Docomo reportedly said.
The operator is likely to launch some of its customised VAS services into India by the year-end. In fact, DeNa, DoCoMo’s VAS partner, is already planning to enter the Indian market.
Kunieda pointed out that competitors will surely catch up and launch a similar offering and so they have be innovative right through. We need to have a differentiation. Value Added Services will be important for Tata Docomo to provide that differentiation, he added.
On 08.09.09, In Mobile, By Editor
www.WirelessFederation.com/news: According to Zain, they are not aware of talks between shareholders and an Asian group. After the news on stake sale negotiations was reported by the media.
“Zain would like to clarify that regarding what has been published in a local newspaper about negotiations between a major Asian group and shareholders, the executive management of the company is not aware of this subject, which is up to shareholders,” the firm said.
The biggest shareholders in Zain were in discussions with an Asian telecoms firm to sell a more than 40% stake in the firm, media reports.
On 08.07.09, In Mobile, By Editor
www.WirelessFederation.com/news: TeliaSonera has reportedly made an announcement that an arbitration tribunal of the International Chamber of Commerce has ordered Cukurova group to hand its remaining stake in Turkcell Holding to the Swedish telecoms group. The transfer is worth $3.1 billion in cash. With the transfer of stake TeliaSonera will hold a majority stake of 64.3% in the Turkish mobile operator.
On 08.05.09, In Mobile, By Editor
www.WirelessFederation.com/news: Bharti Airtel, the Indian mobile operator, reportedly intends to bid for Millicom’s Sri Lankan operation, Tigo. The move, if successful, will create the island’s second largest mobile operator.
Bharti Airtel hasn’t yet put in a firm bid for the Tigo network but will do so in a couple of weeks, reports suggest.
On 08.04.09, In Mobile, By Editor
www.WirelessFederation.com/news: Zambia’s communications and transport minister Geoffrey Lungwangwa has reportedly stated that the government’s decision to sell Zambia Telecommunications Company (Zamtel) will not be overturned. This affirmation comes after calls from opposition parties that the state should rethink plans to sell a 75% stake in the operator, with Patriotic Front (PF) President Michael Sata claiming that the sale is not in the public interest. Sata said that the government should reconsider decreasing the level of holding it plans to divest, arguing that the sale will not help to recapitalise the telco, even if a 75% stake is sold.
On 08.03.09, In Mobile, By Editor
www.WirelessFederation.com/news: Taiwan Mobile, the Taiwanese mobile operator, intends to take a controlling stake in First International Telecom Corp., or Fitel, which operates the Personal Handyphone System mobile phone network.
Taiwan Mobile is likely to pay NT$500 million for a 20% stake in unprofitable Fitel, which is seeking NT$2.1 billion from several Taiwanese, Chinese and Japanese telecommunications operators.
Taiwan Mobile will then raise its stake by buying shares from other shareholders.