Oger to pay 20% premium for Turk Telecom

On 02.23.10, In Mobile, By Editor

www.WirelessFederation.com/news: In order to secure the divested shares in fixed line incumbent Turk Telekom (TT) should the government choose to sell part of its stake this year, 20% premium would be paid by Dubai-based Oger Telecom.

Communications Minister Binali Yildirim revealed that the government was considering a second public offering to sell part of its remaining 31.7% stake in the operator. The state is expected to float a 15%-20% stake via the public offering if it decides to go ahead with sale.

Oger already holds a 55.8% stake in the operator, having paid USD6.55 billion for the stake in a 2005 privatization.

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Minerva Group emerges top bidder for Nigerian Telecommunications

On 02.23.10, In Mobile, By Editor

www.WirelessFederation.com/news: With a bid of USD2.5 billion, the main financial backer of New Generation Technology, Dubai’s Minerva Group has emerged as the preferred buyer for ailing incumbent telco Nigerian Telecommunications (NITEL).

New Generation is a consortium involving China Unicom, Minerva and local firm GiCell. According to GiCell’s managing director, Usman Gumi, the company has a firm commitment from its investors and partners, the Minerva Group, that it is working with and also believes that NITEL is worth the amount because of the infrastructure and potential that it has.

A search for a buyer for a minimum 75% of NITEL and 100% of its mobile unit M-Tel had been started by the Nigerian government in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year.

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MTN refuses to comment on Dubai rumors

On 02.22.10, In Mobile, By Editor

www.WirelessFederation.com/news: No comment has been made by ¬South Africa’s MTN on the rumors regarding the moving of its headquarters from the country to the Middle East. The refusal came after it was reported that the company plans to move its group operations out of the country and eventually delist its shares from the Johannesburg Securities Exchange.

According to MTN executive director Nozipho January-Bardill in late January, the planned relocation of the technical services support team to Dubai is part of the group’s ongoing response to the challenges of the changing global telecommunications industry and it is also intended to address the logistical challenge of supporting the group’s networks in the Middle East in particular, and certain parts of Africa.

Using Dubai as a regional hub offers significant benefits to the company for tax and transport options even though MTN doesn’t have any operations in the UAE.

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Is MTN leaving SA?

On 02.20.10, In Mobile, By Editor

www.WirelessFederation.com/news: No confirmation or denial has been given by mobile operator MTN regarding its plans to abandon SA in favor of Dubai, a location closer to its higher revenue earners.

It has been speculated that company plans to move its group operations out of the country and eventually delist from the Johannesburg Securities Exchange. It may leave the local business as a subsidiary of the company, or even up for sale.

MTN is already registered in the Middle Eastern country which is said to be the head office for its Middle East and North African operations.

Several MTN groups operation unit has been quietly moving its operations without making any local splash about the plans.

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China Unicom bid $2.5 billion to buy Nigerian telco

On 02.17.10, In Mobile, By Editor

www.WirelessFederation.com/news: $2.5 billion has been bid by China Unicom to take control of suffering Nigerian telco Nitel in partnership with Dubai-based telecom distributor Minerva and local CDMA player GiCell in a group called New Generations Telecommunications.

If the deal materializes, it would be one of China’s biggest investments in Africa, even though the bidding price is said to be too high for the under-performing business, which the Nigerian government has been trying to sell for ten years.

The consortium has 10 days to pay 30% of the price, and a further 50 days to pay the balance if it is to secure a 75% holding in Nitel.

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Romtelecom launches mobile tariff plans for residential & business subscribers (Romania)

On 06.23.09, In Mobile, By Editor

www.WirelessFederation.com/news: Romtelecom, the Romanian mobile operator, has introduced first national mobile voice commercial offer, which includes mobile tariff plans for both residential and business subscribers. The  new offer includes three new packages for residential subscribers namely Friend Mobile for EUR 3.57 per month (VAT included, with EUR 0.01 per minute to all national networks), Family Mobile for EUR 11.9 (EUR 0.01 per minute to all national networks plus 300 minutes to favourite numbers) and Smart Mobile (EUR 0.01 per minute to all national networks plus 800 minutes to favourite numbers) for EUR 17.85.

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Romtelecom to introduce mobile broadband services in April (Romania)

On 03.24.09, In Mobile, By Editor

www.WirelessFederation.com/news: Romtelecom, the Romanian fixed-line incumbent is all set to introduce its mobile internet services in April. The Romanian service provider had won the licence in September 2008. With the launch of new service, the operator will compete with Romanian mobile operator Cosmote. The services, initially, will be launched in a few thousand cities of Romania and will further expand in several stages. The customers will be able to have an access to the internet at speeds up to 3.1 Mbps by means of a modem.

   

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RomTelecom to launch mobile data service by year end (Romania)

On 09.16.08, In Mobile, By Editor

RomTelecom, Romanian wireless licensee, hopes to launch the first mobile service by year end. The operator won a 450MHz mobile data licence earlier this month though the award was challenged by cellular operators Vodafone, Orange, RCS&RDS and Zapp/Telemobil.
   

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Court postpones mobile licence ruling (Romania)

On 09.10.08, In Mobile, By Editor

Court has decided to delay its decision on the recent award of a mobile licence to fixed line operator RomTelecom. Although the Govt went ahead with the award but the legal challenge to the auction which had been launched by cellular operators Orange, Vodafone, RCS&RDS and Zapp/Telemobil. Argument from these firms is that the licence fee for the new permit is well below what they paid for their own cellular licences. RomTelecom is hailing the court’s decision to delay a ruling as a victory.

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Germanos Romania signs a partnership with Romtelecom (Romania)

On 08.14.08, In Mobile, By Editor

According to the director of the direct sales department at Germanos Romania, Eduard Cucu,Germanos has signed a partnership with Romtelecom to offer Romtelecom voice,  internet and television services through its retail chain.

Germanos is also the direct sales partner of Cosmote Romania.

   

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