A group of top mobile operators have publicly committed to launching and supporting Near Field Communications technology in short order, according to the GSMA.The group of 15 global operators making the early commitment to launch NFC services in some markets by 2012 includes: America...
Following are infrastructure contracts announced during the past week:Nokia Siemens NetworksAustria, Lichtenstein and Slovenia: With Telekom Austria Group to replace and modernize the carrier's radio networks to support next-generation technologies under a five-year agreement.Value: UndisclosedZTEPoland: With Polkomtel to upgrade the carrier's national CDMA network,...
VIENNA, Austria-Telekom Austria said it paid $105.6 million to purchase MobilTel AD, a Bulgarian wireless carrier, as part of a call option agreement concluded in December 2004. The deal is according to the timetable announced in the option agreement and follows delivery of the...
VIENNA, Austria-Telekom Austria said it paid $105.6 million to purchase MobilTel AD, a Bulgarian wireless carrier, as part of an option call option agreement concluded in December 2004.The deal is according to the timetable announced in option agreement and follows delivery of the audited...
VIENNA, Austria-Telekom Austria said it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the transaction underline...
VIENNA, Austria-Telekom Austria submitted an offer to purchase a majority stake in Telekom Montenegro. The value of the offer was not disclosed. Telekom Montenegro is currently owned 51 percent by the Republic of Montenegro, with the remaining shares held by local private shareholders and...
VIENNA, Austria-Telekom Austria said Friday it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The call option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the...
BERNE, Switzerland-Swisscom AG said it will not make an offer to merge with Telekom Austria and said talks regarding a possible merger between the companies have ended. Swisscom said the two incumbent telecom companies were in discussions about a possible merger."Both parties agree on...
BERNE, Switzerland-Swisscom AG said it will not make an offer to merge with Telekom Austria and said talks regarding a possible merger between the companies have ended. Swisscom said Tuesday the two incumbent telecom companies were in discussions about a possible merger."Both parties agree...
VIENNA, Austria-Mobilkom Austria, the largest Austrian mobile operator, has become one of the first European operators to deploy a UMTS network. About 25 percent of Austria, including most major urban areas, is covered in the initial launch.However, the operator is waiting for terminals before...
ROME—Telekom Austria has acquired Telecom Italia Mobile's 25-percent stake in mobile operator Mobilkom Austria for $676 million, of which $651.5 is the purchase price and $24.5 million is the dividend for the 2001 financial year. TIM also reached an agreement with Telekom Austria's main...
HELSINKI, Finland—Carriers and vendors across the world continue to refine and define their strategies for offering multimedia messaging services, which many in the industry hope will open the way for significant wireless data revenues.News on the front continues to come in massive waves, with...
NEW YORK-A pair of smooth operators from Europe eased into the choppy initial public offering market last week, although they had to trim their sails a bit in order to make the journey.Telefonica Moviles, Madrid, raised about $2.8 billion in an IPO of 300...
ROME-Telecom Italia won the 25-percent stake of Telekom Austria up for grabs, beating a competing offer by Ameritech Corp.Telecom Italia reportedly bid $2.4 billion, more than twice what the Austrian government had hoped for and 18 percent more than the Ameritech bid.The other 75...
Telekom Control, the new regulatory body for telecommunications in Austria recently granted 900 MHz Global System for Mobile communications licenses to three operators there, said the Austrian Business Agency, the service and consulting hub for foreign investors. The next step is to award more...