International Business News - Telecom http://www.ibtimes.com/rss/feed/telecom.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/telecom.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Telefonica's decision to sweeten its offer for Brazilian telecom rival GVT dealt a "major blow" to Vivendi's plans to acquire the carrier, sources close to the transaction told Reuters on Friday, suggesting the French media giant may walk away from the deal. http://www.ibtimes.com/articles/20091106/telefonica-bid-gvtblow-vivendi-sources.htm http://www.ibtimes.com/articles/20091106/telefonica-bid-gvtblow-vivendi-sources.htm Fri, 06 Nov 2009 20:23:36 EST Russian regional fixed-line telecom operator Southern Telecom has secured 3 billion roubles ($103 million) of credit lines to fund current activities and refinance debts. http://www.ibtimes.com/articles/20091106/southern-telecom-getsbln-rouble-credit-lines.htm http://www.ibtimes.com/articles/20091106/southern-telecom-getsbln-rouble-credit-lines.htm Fri, 06 Nov 2009 04:14:52 EST Nigerian telecoms firm Starcomms said on Wednesday its core earnings (EBITDA) had more than quadrupled to 6.74 billion naira ($45 million) in the nine months to the end of September. http://www.ibtimes.com/articles/20091104/nigerias-starcomms-saysmo-profit-quadruples.htm http://www.ibtimes.com/articles/20091104/nigerias-starcomms-saysmo-profit-quadruples.htm Wed, 04 Nov 2009 10:59:02 EST Spanish telecommunications company Telefonica raised its offer for Brazilian rival GVT on Wednesday by 5.2 percent, seeking to trump a potential counteroffer by French media group Vivendi and seal a deal by the end of the month. http://www.ibtimes.com/articles/20091104/telefonica-ups-bid-brazil-gvt-vivendi-silent.htm http://www.ibtimes.com/articles/20091104/telefonica-ups-bid-brazil-gvt-vivendi-silent.htm Wed, 04 Nov 2009 10:41:28 EST Malaysia's biggest mobile operator Maxis has secured four cornerstone investors who will buy 28 percent of its roughly $3.7 billion initial public offering, Southeast Asia's largest in over a decade. http://www.ibtimes.com/articles/20091028/malaysias-maxis-ipo-getscornerstone-investors.htm http://www.ibtimes.com/articles/20091028/malaysias-maxis-ipo-getscornerstone-investors.htm Wed, 28 Oct 2009 12:55:54 EDT Qwest Communications International Inc posted a higher-than-expected quarterly profit and boosted its full-year outlook as it planned more cut costs, sending its shares up 3.4 percent. http://www.ibtimes.com/articles/20091028/qwests-cost-cuts-boost-outlook-shares-rise.htm http://www.ibtimes.com/articles/20091028/qwests-cost-cuts-boost-outlook-shares-rise.htm Wed, 28 Oct 2009 10:56:02 EDT Qwest Communications International Inc posted quarterly revenue that was slightly below Wall Street expectations but its shares rose almost 4 percent as it increased its profit outlook for the year. http://www.ibtimes.com/articles/20091028/qwest-revenue-falls-short-shares-up-on-outlook.htm http://www.ibtimes.com/articles/20091028/qwest-revenue-falls-short-shares-up-on-outlook.htm Wed, 28 Oct 2009 10:16:02 EDT Latin American telecommunications operator Telmex Internacional posted a 141 percent rise in third-quarter net profit on Tuesday, far more than analysts had expected. http://www.ibtimes.com/articles/20091027/mexicos-telint-net-surges-141-pct-vs-ago.htm http://www.ibtimes.com/articles/20091027/mexicos-telint-net-surges-141-pct-vs-ago.htm Tue, 27 Oct 2009 19:04:21 EDT Algerian state-owned telecoms firm Algerie Telecom will spend $6 billion to upgrade its fixed-line and mobile operations over the next five years, the firm's deputy chief executive told Reuters on Tuesday. http://www.ibtimes.com/articles/20091027/algerie-telecom-spendbln-on-upgrades-2014.htm http://www.ibtimes.com/articles/20091027/algerie-telecom-spendbln-on-upgrades-2014.htm Tue, 27 Oct 2009 11:03:43 EDT America Movil, the largest cellphone operator in Latin America, posted a 51 percent rise in third-quarter net profit on Monday due to a pickup in new subscribers and lower financing costs http://www.ibtimes.com/articles/20091026/america-movil-posts-51-pct-rise-quarterly-net.htm http://www.ibtimes.com/data/articleimgs/223018-america-movil-posts-51-pct-rise-in-quarterly-net.jpg http://www.ibtimes.com/articles/20091026/america-movil-posts-51-pct-rise-quarterly-net.htm http://www.ibtimes.com/articles/20091026/america-movil-posts-51-pct-rise-quarterly-net.htm Mon, 26 Oct 2009 19:28:04 EDT Idea Cellular, India's fifth-ranked mobile operator, posted a 53 percent rise in quarterly profit on higher users, but warned a price war in the world's fastest-growing wireless market will continue for some time. http://www.ibtimes.com/articles/20091026/idea-q2-net-53-percent-says-price-war-continue.htm http://www.ibtimes.com/articles/20091026/idea-q2-net-53-percent-says-price-war-continue.htm Mon, 26 Oct 2009 10:46:04 EDT Telecom Italia, Europe's fifth-biggest telecoms operator, denied on Monday an Italian newspaper report that said it was considering a bid for Telekom Austria. http://www.ibtimes.com/articles/20091026/telecom-italia-denies-eyeing-bid-telekom-austria.htm http://www.ibtimes.com/articles/20091026/telecom-italia-denies-eyeing-bid-telekom-austria.htm Mon, 26 Oct 2009 10:45:17 EDT Belgian phone operator Belgacom's international carrier business said on Thursday it had signed a preliminary deal with Royal Bank of Scotland (RBS) to enhance its system which enables mobile phone customers to transfer money from one mobile phone to another. http://www.ibtimes.com/articles/20091023/belgacom-rbs-sign-mobile-money-transfer-deal.htm http://www.ibtimes.com/articles/20091023/belgacom-rbs-sign-mobile-money-transfer-deal.htm Fri, 23 Oct 2009 16:59:27 EDT Malaysia's biggest mobile service provider, Maxis Bhd, aims to raise as much as $3.65 billion in the country's biggest IPO, despite a cooling off in demand for Asian listings following China's flurry of offerings. http://www.ibtimes.com/articles/20091023/malaysias-maxis-eyes7-billion-from-ipo.htm http://www.ibtimes.com/articles/20091023/malaysias-maxis-eyes7-billion-from-ipo.htm Fri, 23 Oct 2009 11:03:37 EDT GVT, the Brazilian telecommunications company target of a takeover attempt by two global rivals, said on Wednesday third quarter net income rose on new phone and broadband lines after a loss a year earlier. http://www.ibtimes.com/articles/20091022/brazils-gvt-q3-profit-after-earlier-loss.htm http://www.ibtimes.com/articles/20091022/brazils-gvt-q3-profit-after-earlier-loss.htm Thu, 22 Oct 2009 03:05:24 EDT Wireless communications products supplier TriQuint Semiconductor Inc's third-quarter profit met market expectations, helped partly by a growth in its networks market, but weak revenue and a fourth-quarter forecast below expectations sent shares down 21 percent. http://www.ibtimes.com/articles/20091021/triquint-q3-profit-meets-market-sees-q4-below-est.htm http://www.ibtimes.com/articles/20091021/triquint-q3-profit-meets-market-sees-q4-below-est.htm Wed, 21 Oct 2009 19:39:27 EDT Telmex, Mexico's leading fixed-line phone operator, posted an 11.9 percent drop in third-quarter net profit on Wednesday as growing competition and an economic slump led to canceled phone lines. http://www.ibtimes.com/articles/20091021/mexicos-telmex-slips-quarter-on-competition.htm http://www.ibtimes.com/data/articleimgs/222771-mexicos-telmex-slips-in-quarter-on-competition.jpg http://www.ibtimes.com/articles/20091021/mexicos-telmex-slips-quarter-on-competition.htm http://www.ibtimes.com/articles/20091021/mexicos-telmex-slips-quarter-on-competition.htm Wed, 21 Oct 2009 19:22:12 EDT Russia's MTS would achieve synergies of more than $300 million if it fully consolidates Comstar, Sistema, the parent of both the companies, said in a presentation on Tuesday. http://www.ibtimes.com/articles/20091020/sistema-300-mln-synergy-if-mts-has-all-comstar.htm http://www.ibtimes.com/articles/20091020/sistema-300-mln-synergy-if-mts-has-all-comstar.htm Tue, 20 Oct 2009 11:00:32 EDT Sprint Nextel Corp plans to buy wireless affiliate iPCS Inc for about $426 million excluding debt, and the two companies have agreed suspend all litigation between them. http://www.ibtimes.com/articles/20091019/sprint-buy-ipcs-and-suspend-litigation.htm http://www.ibtimes.com/data/articleimgs/222582-sprint-to-buy-ipcs-and-suspend-litigation.jpg http://www.ibtimes.com/articles/20091019/sprint-buy-ipcs-and-suspend-litigation.htm http://www.ibtimes.com/articles/20091019/sprint-buy-ipcs-and-suspend-litigation.htm Mon, 19 Oct 2009 10:33:27 EDT AT&T, the No. 2 U.S. wireless provider, has won U.S. antitrust approval to buy Centennial Communications Corp on the condition that it sell assets in parts of Louisiana and Mississippi, the U.S. Justice Department said on Tuesday. http://www.ibtimes.com/articles/20091014/atwins-antitrust-approval-buy-centennial.htm http://www.ibtimes.com/articles/20091014/atwins-antitrust-approval-buy-centennial.htm Wed, 14 Oct 2009 01:56:54 EDT