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Telecom Italia studies two binding offers for tower assets

Offers for cell tower company Inwit from Cellnex/F2i and EI Towers Telecom Italia is evaluating two binding offers for the company’s 45% stake in cell tower holding unit Inwit. The European operator said the offers were made by a consortium comprising Spanish operator Cellnex and Italian...

Deutsche Telekom considers options for European assets

DT may consider selling certain mobile towers Germany's Deutsche Telekom is currently evaluating options for some of its European assets, including mobile towers, according to a press report. Unnamed sources cited by Bloomberg said Deutsche Telekom has hired advisors to help it consider its options, some of...

Iliad ends 2015 with 3.7 million LTE customers

French telco targets 75% LTE coverage by the end of 2016 French telecom operator Iliad, which operates in the mobile market through its Free subsidiary, ended 2015 with 3.7 million LTE subscribers, posting 2 million net customer additions for the year. Revenue from mobile services...

AT&T, Telcel to pay millions for AWS spectrum in Mexico

Operators will have 30 days to pay for the spectrum Mexico telecoms regulator IFT confirmed that as part of a recently completed spectrum auction, local mobile operator Telcel, owned by America Movil, will pay 2.1 billion pesos ($118 million) for mobile spectrum in the AWS-1...

Vivendi increases ownership in Telecom Italia

Vivendi media group now controls 24% of the Italian telco French media group Vivendi increased its stake in Telecom Italia by one percentage point to 24%, further strengthening its position as the main shareholder in the Italian telecom operator. According to a regulatory filing, the French group...

TIM tests Kumu’s full duplex relay technology in Italy

The full duplex relay trial was carried out in the city of Turin Italian mobile operator TIM carried out what it claims to be the world’s first test of the full duplex relay technology, which doubles the transmission capacity of the current LTE network and...

Cellnex, F2i front-runner to buy stake in Italian firm Inwit

Telecom Italia currently owns 60% of telecom infrastructure firm Inwit A consortium comprising Spanish operator Cellnex and Italian infrastructure fund F2i is the front-runner to buy 45% of Italian telecom tower operator Inwit, controlled by Telecom Italia, Reuters reports. Earlier this month, Telecom Italia said it...

Telecom Italia receives three offers for stake in Inwit

Telco aims to close deal in June; bids from Cellnex, F2i, others Telecom Italia received three non-binding offers for the company’s 45% stake in telecoms tower unit Inwit, Italian newspaper La Stampa reported.   According to the report, Telecom Italia expects to complete a transaction by...

Telecom Italia denies merger talks with Brazil’s Oi

European telco operates in Brazil through its TIM unit Italian telecommunications group Telecom Italia confirmed the company was not in talks with Brazilian telecoms operator Oi to merge assets in the Brazilian market. The European telco said there were no formal or informal negotiations with...

Telecom Italia aims to sell new stake in Inwit

Telecom Italia plans to keep up to 20% of the infrastructure firm Telecom Italia is looking to sell a part of its Inwit holdings, with CEO Marco Patuano noting "we are ready to send tender invitations to potential bidders for the Inwit stake." Patuano said the company expects...

Low power, low throughput IoT is focus of industry forum

"Internet of Things" is a red-hot buzzword in the telecom industry. While use cases involving consumer wearables tend to dominate the discourse, there's another, much less flashy IoT optimized for low power, low throughput applications that is quietly taking shape. Narrow-band Internet of Things (NB-IoT)...

Vivendi boosts stake in Telecom Italia to 14.9%

Vivendi bought out Telefónica stake in Telecom Italia while dropping shares in SFR and Maroc Telecom French media giant Vivendi announced on June 25 plans to increase its stake in Telecom Italia to 14.9%, making it the telecommunication company’s largest shareholder. Vivendi recently purchased some additional...

Telecom Italia returns to profit for first time in three years

Telecom Italia modernizing network Telecom Italia has returned to profit for the first time in three years, reports the Financial Times. Net income climbed to $1.5 billion in 2014 after a loss of $735 million the year before when results were impacted by an impairment charge....

#MWC15: Cisco scores DT, Telecom Italia virtualization, cloud deals

Agreements tap into growing NFV, SDN services Cisco Systems touted a number of telecom carrier wins connected with its virtualization and cloud services, including deals with Deutsche Telekom and Telecom Italia. Cisco reported that DT had launched its first cloud virtual private network service targeting small...

Global Telecom: China Mobile developing 5G technology

China Mobile developing 5G technology China Mobile has started developing "5G" technologies. A senior executive of the company made the announcement during a development forum over the weekend. China Mobile beat rivals China Unicom and China Telecom in 4G by launching TD-LTE services more than...

Cell Tower News: China Tower to build 1M towers

China Tower to build 1 million towers Wait, who is this incredibly ambitious company looking to bring so many new towers? China Tower is a new company created by the three largest carriers in China: China Mobile, China Telecom and China Unicom. Combining like a...

LatAm: Telecom Italia starts TIM-Oi integration study; Claro wins Argentina’s auction

After much speculation, Telecom Italia’s board of directors approved an investigation into potentially integrating its Brazilian unit, TIM, with rival operator Oi. Earlier this year, Oi saw its attempt to merge with Portugal Telecom fall apart after Rioforte defaulted on €897 million ($1.12 billion) debt held by Portugal Telecom. The Telecom Italia decision follows Telefónica’s planned...

American Tower to buy 6,400 towers from TIM (RCR Mobile Minute)

American Tower is expanding its tower portfolio in Brazil with the purchase of more than 6,400 towers from Telecom Italia's TIM Cellular for roughly $1.2 billion. Of the 6,400-plus towers, 1,240 are subject to certain preemptive acquisition rights held by third parties. The company expects the new...

Global Carriers: SK Telecom partners for LTE, IoT

A quick wrap-up of global carrier news. • SK Telecom and Telecom Italia are teaming up to work on LTE and the "Internet of Things." SK Telecom said the partnership will have a positive impact on technology and communication in both Asia and Europe. SK...

LatAm: Brazil passes telecom tax relief, receives complaints about 700 MHz auction

Brazil’s government has approved a tax break program that exempts companies from several federal taxes related to investment in telecommunications networks. A total of 1,400 projects are expected to fall under the tax relief program, totaling almost U.S.$2.67 billion (R$6 billion) in tax exemptions. The...

LatAm: Vivendi in talks with Telefonica to sell Brazil's GVT; Oi hires BTG Pactual, seeks to buy TIM

UPDATED: The future of Brazil's telecom market has become complicated by several potential, competing acquisition offers. Nearly everyone expects some kind of market consolidation, but how it will happen is not yet clear. Over the past few weeks, French company Vivendi has fielded dueling bids from Spain's Telefónica...

LatAm: NII Holdings may file for bankruptcy; Telecom Italia considers GVT counterbid

NII Holdings, which operates in Latin America under the Nextel brand, announced it will likely file for Chapter 11 bankruptcy protection because it cannot fulfill its financial obligations. Following the announcement, NII Holdings' shares plummeted. According to the filing, the mobile phone carrier has until Aug. 15 to...

EMEA: Italy takes wind out of Vimpelcom earnings; Telecom Italia also down

Amsterdam-based Vimpelcom reported an 83% drop in profits for its second quarter. The group's recent debt refinancing of its Wind unit in Italy is partly to blame, but CEO Jo Lunder remained optimistic about Vimpelcom's operations in the country, saying that it continued “to outperform competitors in a weak...

EMEA in Perspective: The LTE push is on

EMEA in Perspective is a Monday column focused on the identification of regional trends and outcomes of the prior week’s news. Claudia Bacco, Managing Director – EMEA, has spent her entire career in telecom, IT and Security. Having experience at an operator, software and...