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Bharti Airtel to buy Telenor India

Wednesday, 22 Feb 2017 10:15pm EST

Bharti Airtel Ltd : Says Bharti Airtel to acquire Telenor India . Says proposed acquisition will include transfer of all of Telenor India's assets and customers . Says Telenor India's operations and services will continue as normal until completion of transaction . Co to buy Telenor's running operations in 7 circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (east), UP (west) and Assam . Says on completion, proposed acquisition will undergo seamless integration, both on customer as well as network side .Says deal to enable Airtel to further bolster spectrum foot-print in seven circles, with addition of 43.4 MHz spectrum in 1800 MHz band.

Bharti Airtel to buy Telenor India

Wednesday, 22 Feb 2017 10:15pm EST

Bharti Airtel Ltd : Says Bharti Airtel to acquire Telenor India . Says proposed acquisition will include transfer of all of Telenor India's assets and customers . Says Telenor India's operations and services will continue as normal until completion of transaction . Co to buy Telenor's running operations in 7 circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (east), UP (west) and Assam . Says on completion, proposed acquisition will undergo seamless integration, both on customer as well as network side .Says deal to enable Airtel to further bolster spectrum foot-print in seven circles, with addition of 43.4 MHz spectrum in 1800 MHz band.

Firstwave says agreement secured with Nxtra Data

Wednesday, 22 Feb 2017 06:08pm EST

Firstwave Cloud Technology Ltd - : International expansion with new telco partnership . Agreement secured with india's Bharti Airtel data centre division nxtra data . Firstwave cloud technology - confirms expansion into international markets through agreement with Nxtra Data Ltd, data centre managed services business of Bharti Airtel . First international contracts secured with Telstra Global in singapore and Hong Kong . Capital expenditure for set-up of operations in India is minimal for firstwave . Firstwave will deploy a team to India next month to begin implementation with first revenue expected to be booked in Q1 fy2018 .Revenue from telstra global contracts will be booked in fy2017 and beyond.

T-Mobile says now deploying LTE-U technology in LTE network

Wednesday, 22 Feb 2017 12:48pm EST

T-Mobile US Inc :Now deploying LTE-U technology in LTE network, following FCC certification of equipment from strategic partners Ericsson and Nokia.

Drillisch FY revenue up to EUR 710.0 mln, 2017 EBITDA outlook confirmed

Wednesday, 22 Feb 2017 09:08am EST

Drillisch AG : EBITDA forecast exceeded - significant improvement in all major KPIs striking proof of successful corporate strategy - EBITDA forecast for 2017 confirmed . 2016 revenues rise by 80.4 million euros to 710.0 million euros ($746.35 million) (+12.8 percent over previous year) . FY gross profit rises by 24.4 million euros to 278.9 million euros(+9.6 percent over previous year) . FY EBITDA rises by 14.6 million euros to 120.2 million euros (+13.9 percent over previous year) . Confirms EBITDA forecast for current year 2017 of 160 million euros to 170 million euros (2016: 120.2 million euros) .To propose to annual general meeting eighth successive dividend increase to 1.80 euro per share entitled to dividends.

Bharti Airtel buys strategic stake in FinTech startup Seynse

Wednesday, 22 Feb 2017 05:41am EST

Bharti Airtel Ltd :Says Airtel acquires strategic stake in FinTech startup Seynse.

Orange Egypt for Telecommunications posts FY loss

Wednesday, 22 Feb 2017 03:00am EST

Orange Egypt for Telecommunications : FY consol loss EGP 2.55 billion versus profit of EGP 10.4 million year ago . Egyptian pound floatation had negative impact of EGP 2.30 billion on FY consol results Source: (http://bit.ly/2lEyNFx) Further company coverage: [EMOB.CA] ((Bangalore.newsroom@thomsonreuters.com;)).

Free2Move 2016 EBITDA loss narrows to SEK 9.6 million

Wednesday, 22 Feb 2017 02:21am EST

Free2Move Holding AB : FY net sales 6.3 million Swedish crowns ($700,942)versus 4.7 million crowns year ago .FY EBITDA loss 9.6 million crowns versus loss 13.5 million crowns year ago.

T-Mobile Austria says signed 5-yr strategic cooperation agreement with Huawei

Tuesday, 21 Feb 2017 10:17am EST

T-Mobile Austria:Signed a 5-year strategic cooperation agreement with Huawei regarding 4.5G-based E2E network upgrades.

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