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MTS announces acquisition of 50.82 pct stake in Oblachny Retail LLC

Tuesday, 3 Oct 2017 07:48am EDT

Oct 3 (Reuters) - Mobil'nye Telesistemy Pao : :Russia's MTS announces acquisition of 50.82 pct stake in the Russian retail software developer Oblachny Retail LLC, operating under Litebox - SEC Filing.Says deal priced at RUB 620 million, includes repayment of RUB 30 mln loan, RUB 420 mln investments in business development, payment of RUB 170 mln to founders.

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.​.

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.

Sprint announced its first in-house digital marketing agency

Wednesday, 6 Sep 2017 09:00am EDT

Sept 6 (Reuters) - Sprint Corp :Sprint- Announced its first in-house digital marketing agency, plans to hire about 100 digital positions in remainder of 2017 and more in 2018.

China Unicom Hong Kong updates on progress of matters relating to mixed ownership reform

Wednesday, 9 Aug 2017 07:11am EDT

Aug 9 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Updates on matters relating to mixed ownership reform.Recently obtained approval from National Development And Reform Commission regarding its mixed-ownership reform pilot-run plan."Company has been informed by Unicom A share company that it is still negotiating with potential investors".Unicom A share co noted recent media coverage.Coverage Regarding "China Unicom Established Operating Centers With Tencent & Alibaba & Speculation Of Mixed Ownership Reform Escalated".2 operating centers referred to in article are still in their initial stage of operation.Establishment of operating centers mentioned in article is not related to mixed ownership reform plan.Has been informed by Unicom A share co that it has not entered into any framework agreement with any potential investor.

Vonage posts posts Q2 EPS of $0.02

Thursday, 3 Aug 2017 08:00am EDT

Aug 3 (Reuters) - Vonage Holdings Corp :Vonage delivers strong second quarter 2017 results highlighted by 44% vonage business gaap revenue growth.Q2 adjusted earnings per share $0.07.Q2 gaap earnings per share $0.02.Q2 revenue $252 million versus i/b/e/s view $242 million.Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.Sees 2017 business revenues equating to a range of $498 million to $504 million.Sees fy corresponding total revenue guidance is likewise adjusted to between $981 million and $996 million.Reaffirmed 2017 adjusted oibda guidance of at least $165 million.

Deutsche Telekom says waiting to see results of U.S. merger talks

Thursday, 3 Aug 2017 05:18am EDT

Aug 3 (Reuters) - Deutsche Telekom Chief Financial Officer says :Consolidation being explored in the U.S. and but must wait to see whether there are results.Won't comment on merger speculation about T-Mobile US <<>>.T-Mobile US has all the ingredients for a successful business.it is possible to be successful in U.S. market both as fixed-line cable and as mobile networks company.Telekom view of BT <<>> is unchanged, it's well positioned in the market.

Okinawa Cellular Telephone to transfer business to unit

Wednesday, 26 Jul 2017 02:10am EDT

July 26 (Reuters) - Okinawa Cellular Telephone Co <9436.T>:Says it plans to set up Okinawa-based wholly owned unit.Says it will transfer agricultural production, sales business and tourism to the unit on Sept. 1.

Okinawa Cellular Telephone to transfer business to unit

Wednesday, 26 Jul 2017 02:10am EDT

July 26 (Reuters) - Okinawa Cellular Telephone Co <9436.T>:Says it plans to set up Okinawa-based wholly owned unit.Says it will transfer agricultural production, sales business and tourism to the unit on Sept. 1.

Bharti Airtel terms Reliance Jio allegations false

Thursday, 20 Jul 2017 08:52am EDT

July 20 (Reuters) - Bharti Airtel Ltd :Bharti Airtel -"by proposing transition to 'bill and keep' regime with zero MTC, Reliance Jio wants to simply transfer its cost to Airtel and other operators".Bharti Airtel says as per current estimates, cost for "bill and keep" with zero MTC would be to tune of INR 150 billion to INR 200 billion per year for industry.Bharti Airtel - cost transfer will allow Reliance Jio to price its services in a predatory manner to kill rest of industry and create a monopoly.Bharti Airtel - "allegations made by Reliance Jio regarding Airtel earning excess revenue from MTC are not only false but laughable".

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