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Books for Turkcell offer are covered -bookrunner

Monday, 18 Sep 2017 11:36am EDT

Sept 18 (Reuters) - TURKCELL : BOOKRUNNER::BOOKS ARE COVERED, PRICING GUIDANCE TO COME‍​.BOOKS EXPECTED TO CLOSE AT SHORT NOTICE THIS EVENING.

Sweden's Telia says to sell 7 pct stake in Turkcell

Monday, 18 Sep 2017 11:15am EDT

Sept 18 (Reuters) - Telia Company :Telia company announces proposed sale of part of its stake in Turkcell.Says ‍announces launch of an accelerated bookbuilding offering to institutional investors of approximately 153.5 million shares in Turkcell Iletism Hizmetleri A.S. (Turkcell)​.Says ‍proposed stake sale represents approximately 7.0 percent of Turkcell's issued share capital.​.Says ‍will continue to be largest shareholder in Turkcell in economic terms post today's proposed transaction.​.

Investor interest in Turkcell ‍offer exceeds deal size :bookrunner

Monday, 18 Sep 2017 11:15am EDT

Sept 18 (Reuters) - TURKCELL : BOOKRUNNER::‍VISIBILITY ON POTENTIAL INVESTOR INTEREST IN EXCESS OF DEAL SIZE, FROM A LIMITED MARKET SOUNDING EXERCISE​.‍PRICE GUIDANCE IS WITH REFERENCE TO MARKET​.

China Telecom Group appoints Liu Aili as general manager

Monday, 18 Sep 2017 06:59am EDT

Sept 18 (Reuters) - China Telecom Group::Says Liu Aili appointed as general manager.

On4 Communications announces a 73.6 pct increase in revenue over second quarter

Friday, 15 Sep 2017 04:51pm EDT

Sept 15 (Reuters) - On4 Communications Inc :On4 Communications announces a 73.6 pct increase in revenue over 2nd quarter.

China Unicom Hong Kong updates on mixed ownership reform plan

Friday, 15 Sep 2017 07:35am EDT

Sept 15 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Update on mixed ownership reform plan.State-owned Assets Supervision & Administration Commission of State Council of PRC issued its approval letter on 13 Sept.Authorities approved transfer of 1.90 billion shares held by Unicom in Unicom A Share Co to China Structural Reform Fund Corp.PRC authorities alo approved in principle non-public issuance of not more than 9.04 billion shares by Unicom A Share Co.Non-Public issuance of shares by Unicom A Share Company is still subject to approval.

VEON says Trond Westlie to join as group's CFO

Friday, 15 Sep 2017 01:16am EDT

Sept 15 (Reuters) - VEON LTD ::TROND WESTLIE TO JOIN VEON AS GROUP CFO, ANDREW DAVIES TO STEP DOWN AFTER FOUR YEARS.TROND WESTLIE WILL JOIN VEON ON OCT 2 2017 AND ASSUME HIS DUTIES AS CFO FOLLOWING Q3 RESULTS ON 9 NOVEMBER 2017.

VEON says new official exchange rate in Uzbekistan to directly impact reported results

Friday, 15 Sep 2017 01:16am EDT

Sept 15 (Reuters) - VEON LTD ::‍IMPACT OF CURRENCY REGIME DEVELOPMENTS IN UZBEKISTAN​.‍NEW OFFICIAL UZBEK EXCHANGE RATE WILL DIRECTLY IMPACT REPORTED RESULTS FOR VEON GROUP FOR TWO REASONS​.‍EXPECTS ANNUALIZED DECREASES IN REVENUES OF USD 300-350 MILLION AND IN UNDERLYING EBITDA OF USD 175-225 MILLION​.‍UZBEK SOM RESULTS OF UNITEL WILL NOW BE TRANSLATED INTO U.S. DOLLARS AT A HIGHER EXCHANGE RATE​.‍ BASED ON 2016 TOTAL ANNUAL REVENUES IMPACT REPRESENTS APPROXIMATELY 3.5% OF REVENUES AND APPROXIMATELY 5.5% OF UNDERLYING EBITDA​.‍GROUP'S NET DEBT / UNDERLYING EBITDA RATIO IS EXPECTED TO IMMEDIATELY INCREASE BY 0.1X AND NET ASSETS ARE EXPECTED TO DECREASE BY USD 485 MILLION.​.‍UNITEL AND ALL OTHER TELECOMMUNICATIONS OPERATORS WILL EXPERIENCE EROSION OF EBITDA RESULTING FROM FIXING OF TARIFFS FROM U.S. DOLLARS TO UZBEK SOM AT PRIOR OFFICIAL EXCHANGE RATE​.‍2017 GUIDANCE FOR LOW SINGLE DIGIT ORGANIC REVENUE GROWTH REMAINS INTACT.​.‍UNDERLYING EBITDA MARGIN IS NOW EXPECTED TO SHOW FLAT TO LOW SINGLE DIGIT ORGANIC GROWTH​.‍THEREFORE ANTICIPATE THAT GROUP WILL GENERATE UNDERLYING EQUITY FREE CASH FLOW (BEFORE LICENSE SPECTRUM FEES) OF BETWEEN USD 850 AND 950 MILLION IN 2017​.

Sprint CEO says "no comment" on M&A

Thursday, 14 Sep 2017 12:01pm EDT

Sept 14 (Reuters) - Sprint Corp ::Sprint Corp CEO says "no comment" on M&A -Goldman Sachs conference.Sprint Corp CEO says expects to beat 2016 customer addition numbers in 2017 -Goldman Sachs conference.Sprint Corp CEO says unlimited is a sweet spot for sprint due to cos spectrum position - Goldman Sachs conference.Sprint Corp CEO says every single iPhone launch positive for co- Goldman Sachs conference.Sprint Corp CEO says over 60 percent of sprint's base is on unlimited plans- Goldman Sachs conference.Sprint CEO says co to sell remanufactured iPhones by apple with 1-year warranty to capture prepaid market -Goldman Sachs conference.Sprint CEO says "we might be a very different company" next year- Goldman Sachs conference.Sprint CEO says co will be a standalone or might be part of a bigger wireless carrier next year- Goldman Sachs conference.

Intelsat says Mexico's Grupo Televisa to use co's galaxy satellites

Thursday, 14 Sep 2017 08:00am EDT

Sept 14 (Reuters) - Intelsat SA ::Grupo Televisa to distribute its premium, over-the-air television networks via co's galaxy satellites.Under new, multi-year and multi-transponder agreement, Televisa will use co's galaxy satellites to deliver program distribution in Mexico​.

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