Telsur bought by GTD for USD115 million
www.WirelessFederation.com/news: In a USD115 million deals, Quinenco agreed to sell telecom firm Telefonica del Sur (Telsur) to rival telco GTD. Chilean financial and industrial conglomerate Quinenco has 74.43% stake in Telsur.
While highlighting the magnetism of Telsur, GTD said that the company has transformed itself from line operator into a multi service provider and now offers a range of broadband and broadcast services. GTD also felt that by the end of 2009, GTD and Telsur together will have a customer base of 480,000 subscribers in fixed and wireless telephony, internet, and digital TV.
Telsur has predicted an annual revenue of USD133 million while GTD expects USD175 million for 2009.
Siemens to build mobile phone network in Kabul
FRANKFURT, Aug 17 (Reuters) – Germany’s Siemens (SIEGn.DE: Quote, Profile, Research) has won a deal to build a mobile phone network in Kabul, the capital of war-torn Afghanistan, the company said on Thursday.The industrial conglomerate said it would build a third-generation (3G) W-CDMA network and supply second-generation equipment to the Afghan Wireless Communication Company (AWCC), the country’s first mobile phone company.AWCC is owned by U.S.-based Telephone Systems International (TSI), a company incorporated in 1998 for the sole purpose of establishing a commercial telephone system in
Afghanistan.Siemens said in a statement that about 1.5 million people or 4 percent of the population use mobile telephony in
Afghanistan, where fighting is at its worst since a U.S.-led coalition drove the hardline Islamist Taliban from power in 2001.
“In addition to voice communications, we want to deliver mobile Internet access and mobile TV to our customers over the 3G network,” TSI Chief Financial Officer Dan Florentine said in the statement.
Source- http://today.reuters.com
Technorati : Afghanistan, Siemens
Ice Rocket : Afghanistan, Siemens
