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Vivo leads Brazilian mobile market; Claro, TIM tied for second place

Brazilian carrier Vivo, which was bought by Spanish operator Telefônica in July 2010, kept its leadership in mobile access during the first half of 2011. According to numbers just released by Anatel, the carrier has just over 64 million users, which  represents 29.47% of market share. TIM, from...

TIM buys AES Atimus for US$ 1.01 billion and plans to expand its data offer

Telecom Italia's Brazilian mobile unit TIM Participações SA has bought telecommunications infrastructure operator AES Atimus Group from Companhia Brasiliana de Energia for R$ 1.6 billion (US$1.025 billion), in cash. The acquisition represents a significant expansion of TIM's infrastructure, since it's adding a fiber-optic network...

2nd UPDATE: Tel Italia Confirms View Despite Suffering At Home

Wall Street Journal | May 6, 2011 | Giada Zampano ROME (Dow Jones)--Telecom Italia SpA (TI) Friday confirmed its full-year targets despite a sharp fall in first-quarter net profit, as a strong performance in Brazil and Argentina failed to offset continued weakness in its domestic...

AT&T dubbed most valuable brand in telecom

AT&T Inc.'s (T) image may have been shaken domestically by troubled iPhone connections, but the company's brand has never been stronger worldwide, according to a retail ranking conducted by marketing firm Millward Brown.The ranking found that the AT&T brand is worth nearly $70 billion,...

Contracts: Telecom Italia chooses NSN; and more

Alcatel-Lucent announced that Chinese operators Jiangsu Mobile, a subsidiary of China Mobile, and Ningxia Telecom, a subsidiary of China Telecom, will deploy the Alcatel-Lucent 9900 Wireless Network Guardian (WNG) in their 3G network and operations centre. By providing advanced wireless data analytics, Alcatel-Lucent will...

Telecom Italia to Shuffle Key Roles

Wall Street Journal | March 14, 2011 | Giada Zampano ROME—Telecom Italia SpA's controlling shareholders have agreed to a reshuffle at the helm of Italy's largest phone operator that will see Chief Executive Franco Bernabe moving to the role of executive chairman at the end...

Telecom Italia: Telecom Argentina stake increased

Telecom Italia | March 10, 2011 | Press Release Telecom Italia announces that it has finalised the acquisition, through its subsidiary Telecom Italia International N.V.,of a 10% stake of Sofora Telecomunicaciones S.A.’s capital – the holding company which controls Telecom Argentina -  from the Argentine...

Telecom Italia unloads Etecsa for US$706mn – Cuba

Business News Americas | January 31, 2011 Telecom Italia (NYSE: TI) has sold the 27% stake it held in Cuban state telco Etecsa to state-run firm Rafin for US$706mn, TI announced. Rafin - a central bank-licensed entity that engages in financial activities such as leasing and import/export...