Wireless Telecommunications Services

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SK Telecom to sell entire shares of Smart Card Life

Wednesday, 26 Nov 2014 03:50am EST

SK Telecom Co., Ltd:To sell its entire 57,647,058 shares of Smart Card Life.Transaction price of 380,749,531,529 won.Expected transaction settlement date of Nov. 30.To hold 0 pct stake in the target company, after the transaction.

Primary Opinion Ltd announces appointment/retirement of chairman

Tuesday, 25 Nov 2014 10:40pm EST

Primary Opinion Ltd:Says that further to ASX Announcement on Oct. 24, Harvey Parker has retired as director and chairman of the company and it is noted that Jeffrey Kennett has been appointed chairman.

China Techfaith Wireless Communication Technology Ltd gives Q4 2014 revenue outlook

Tuesday, 25 Nov 2014 07:00am EST

China Techfaith Wireless Communication Technology Ltd:Expects Q4 2014 total revenues to be in the range of $22 to $24 mln.

PT Tower Bersama Infrastructure Tbk secures $1.3 bln syndicated loan-Reuters

Monday, 24 Nov 2014 07:00pm EST

PT Tower Bersama Infrastructure Tbk:Secures a total of $1.3 bln syndicated loan through its units to finance expansion and refinance debt-Reuters.Loans consists of $1 bln unsecured debt and revolving credit facility that will mature in 2020 and $300 mln that will mature in 360 days.Banks involved in the syndication include PT Bank ANZ Indonesia, CIMB Bank Berhad, Credit Agricole Corporate and Investment Bank and DBS Bank Ltd, among others.

KongZhong Corp gives Q4 2014 guidance

Monday, 24 Nov 2014 05:00pm EST

KongZhong Corp:Expects total revenues for Q4 2014 to be within the range of $ 59mln to $60 mln.expects Q4 2014 total gross profit to be within the range of $24 mln to $25 mln.Expects Q4 2014 net income to be $9 mln to $10 mln and Non-GAAP net income is expected to be $10 mln to $11 mln.

NII Holdings Inc announces restructuring agreement

Monday, 24 Nov 2014 04:01pm EST

NII Holdings Inc:Have reached an agreement with their major stakeholders, including their two creditors and official committee of unsecured creditors.On material terms of reorganization plan to be implemented in their chapter 11 cases pending in U.S. Bankruptcy Court for Southern District of New York following negotiations between and among company and such stakeholders.

PayMeOn Inc to acquire Prodeco Technologies

Thursday, 20 Nov 2014 04:01pm EST

PayMeOn Inc:Announces that it has entered into a letter of intent to acquire Prodeco Technologies, LLC, a manufacturer of electric bicycles built exclusively in the United States of America.Says it will currently a minority interest holder in ProdecoTech, will issue about 53.4 million common shares in exchange for the remaining 80.6pct of ProdecoTech that it doesn't already own.Finally, simultaneously with the closing of the transaction, all of PayMeOn's currently outstanding convertible debt will be converted to about 5.3 million common shares.

Captii Ltd announces incorporation of subsidiary

Thursday, 20 Nov 2014 04:31am EST

Captii Ltd:Says that it has on Nov. 20, 2014 incorporated a wholly-owned subsidiary, namely Captii Ventures Pte. Ltd in Singapore with an initial paid-up capital of S$100.Principal activity of Captii Ventures is to undertake investment activities in technology companies.Investment in Captii Ventures was funded through internal resources and is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the current financial year ending Dec. 31.

China Teletech Holding Inc announces certifying accountant change - Form 8-K

Tuesday, 18 Nov 2014 01:33pm EST

China Teletech Holding Inc:Effective Nov. 12, company dismissed independent registered public accounting firm, Albert Wong & Co. LLP effective immediately.Effective Nov. 12, company re-engaged WWC, P.C. as company’s independent registered public accountant.


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Provider: Renaissance Capital
Provider: Renaissance Capital
Provider: GlobalData
Provider: GlobalData
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