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 Deutsche Telekom is keeping its options open for its U.S. business and is not close to making a decision on the unit's mid-tem future, two people familiar with the matter said on Friday. http://www.ibtimes.com/articles/20091120/deutsche-telekom-open-all-options-fors-unit-sources.htm http://www.ibtimes.com/data/articleimgs/224461-deutsche-telekom-open-to-all-options-fors-unit-sources.jpg http://www.ibtimes.com/articles/20091120/deutsche-telekom-open-all-options-fors-unit-sources.htm http://www.ibtimes.com/articles/20091120/deutsche-telekom-open-all-options-fors-unit-sources.htm Fri, 20 Nov 2009 11:23:25 EST Struggling Finnish national carrier Finnair said on Monday it expected its operating losses this year to amount to around 200 million euros ($299.2 million). http://www.ibtimes.com/articles/20091116/finnair-sees-losses-around-200-mln-euros.htm http://www.ibtimes.com/articles/20091116/finnair-sees-losses-around-200-mln-euros.htm Mon, 16 Nov 2009 10:44:42 EST France's Vivendi said on Friday that it has bought 37.9 percent of Brazilian telecom company GVT and has irrevocable options to buy another 19.6 percent of the company. http://www.ibtimes.com/articles/20091113/frances-vivendi-buys-37pct-stake-brazil-gvt.htm http://www.ibtimes.com/articles/20091113/frances-vivendi-buys-37pct-stake-brazil-gvt.htm Fri, 13 Nov 2009 15:56:31 EST Shares of GVT, the Brazilian telecommunications target of a takeover attempt by two global rivals, posted on Friday their biggest tumble since late August, as suitors are seen as increasingly unlikely to raise their bids further. http://www.ibtimes.com/articles/20091113/gvt-drops-as-telefonica-seen-close-winning-bid.htm http://www.ibtimes.com/data/articleimgs/224068-gvt-drops-as-telefonica-seen-close-to-winning-bid.jpg http://www.ibtimes.com/articles/20091113/gvt-drops-as-telefonica-seen-close-winning-bid.htm http://www.ibtimes.com/articles/20091113/gvt-drops-as-telefonica-seen-close-winning-bid.htm Fri, 13 Nov 2009 13:29:21 EST MTS, Russia's largest mobile phone operator, posted a 4.1 percent fall in its third-quarter net profit as sales fell and debt-servicing costs rose, but its figures were ahead of most analysts' forecasts. http://www.ibtimes.com/articles/20091113/russias-mts-q3-net-dips-on-debt-costs.htm http://www.ibtimes.com/articles/20091113/russias-mts-q3-net-dips-on-debt-costs.htm Fri, 13 Nov 2009 12:43:51 EST Chinese mobile telecoms services firm Umessage is eyeing a Hong Kong or U.S. listing in two years, a top executive at the firm said on Wednesday. http://www.ibtimes.com/articles/20091111/china-mobile-firm-umessage-eyes-overseas-listing.htm http://www.ibtimes.com/articles/20091111/china-mobile-firm-umessage-eyes-overseas-listing.htm Wed, 11 Nov 2009 11:31:42 EST Net profit at Telefonica O2 Czech Republic dipped 1.2 percent in the first nine months to 8.9 billion crowns ($524.1 million), a touch better than analyst expectations. http://www.ibtimes.com/articles/20091111/czech-telefonica-02-profit-revenue-meets-fcast.htm http://www.ibtimes.com/data/articleimgs/223926-czech-telefonica-02-profit-revenue-meets-fcast.jpg http://www.ibtimes.com/articles/20091111/czech-telefonica-02-profit-revenue-meets-fcast.htm http://www.ibtimes.com/articles/20091111/czech-telefonica-02-profit-revenue-meets-fcast.htm Wed, 11 Nov 2009 11:26:13 EST Vodafone, the world's largest cellphone operator by revenue, has doubled its cost cutting target to 2 billion pounds ($3.33 billion) by 2012 to counter fierce competition in India and Europe. http://www.ibtimes.com/articles/20091110/vodafone-doubles-cost-target-tobln-stg.htm http://www.ibtimes.com/articles/20091110/vodafone-doubles-cost-target-tobln-stg.htm Tue, 10 Nov 2009 11:35:30 EST 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