Millicom, the Latin America and Africa telco and media company, has signed a Share Purchase Agreement to acquire an 85 per cent stake in Zanzibar Telecom (Zantel) from Etisalat Group. Zantel is the leading mobile telecom operator on the islands of Zanzibar with 2014 gross revenues of $82 million (€73m) and 1.7 million subscribers across […]
Mirroring recent findings released by Consumer Reports, customer satisfaction with information services – including subscription TV, Internet, wireless and fixed line telephone, and computer software – has dropped 3.4 per cent to an ACSI score of 68.8 on a 0 to 100 scale, the lowest level in seven years. According to
Telefonica claims to have launched the quintuple-play era in Spain with the addition of a home security service based on machine-to-machine (M2M) communications that can be included in the company’s existing quad-play. Launching on June 17th, Movistar VeriSure Hogar is a 24-hour security service for the home that can be controlled via a smartphone application, […]
According to US consumer body Consumer Reports’ new telecom service ratings, consumers continued to express dissatisfaction with their TV and Internet providers, giving most poor reviews for value and overall satisfaction. According to the ratings,
French telco Orange has announced that the Spanish Securities Commission (the “CNMV”) has authorised the voluntary cash tender offer for the acquisition of Jazztel, listed on the Spanish Stock Exchange. The offer, which will be open from May 28th 2015 to June 24th 2015, covers 100 per cent of Jazztel’s shares. This offer will enable […]
Telekom Slovenije, Slovenia’s integrated service provider of mobile and fixed communication services, has developed a solution to provide its users with internet, fixed telephone services, and television over its LTE/4G network. Telekom Slovenije will be offering this solution starting in June to those users who live in areas where a broadband cable connection is not […]
Following reports late on May 19th that it was in talks to make a US acquisition, multinational cable and telecommunications company Altice has confirmed that it has signed a definitive agreement to acquire 70 per cent of the share capital in Suddenlink, the seventh largest US cable operator, from existing shareholders BC Partners, CPP Investment […]
BT says it will take Ofcom to a court over the watchdog’s decision to introduce restrictions on the wholesale price of superfast broadband. The telco has lodged an appeal with the Competition Appeals Tribunal against Ofcom’s new ‘margin squeeze’ test, which is designed to ensure that rivals Sky and TalkTalk, who rely on the BT […]
UK comms provider TalkTalk has reported a strong year of growth driven by more customers choosing bundled ‘quad–play’ phone, broadband, TV and mobile packages. In the last 12 months, over a million TV, broadband, fibre and mobile customers joined TalkTalk, which the operator says demonstrates the demand for value for money services. The popularity of […]
Deutsche Telekom has reported a quarterly profit helped by its US operations and the weak euro. EBITDA excluding special items rose to €4.57 billion. Profit was helped by €175 million from an out-of-court settlement with Liberty Global’s German unit Unitymedia over the acquisition of KabelBW. Europe’s largest telco by revenue said it still expected 2015 […]