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Integrated Telecommunications Services

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8X8 Inc appoints executives to oversee global sales organization

Thursday, 19 Oct 2017

Oct 19 (Reuters) - 8x8 Inc :8X8 appoints accomplished industry executives to key strategic positions overseeing company's global sales organization.‍8x8 is realigning company into two business units-small business & ecommerce and midmarket & enterprise​.

Pharol seeks to keep high stake in Oi in restructuring -CEO

Thursday, 12 Oct 2017

Oct 12 (Reuters) - CEO of Portugal's Pharol SGPS , the largest shareholder in Brazil's telecom firm Oi says::Oi restructuring plan presented on Wednesday is "balanced and positive"..Luis Palha da Silva says Pharol will make an effort to keep its stake in Oi at highest possible percentage after the restructuring..Pharol is not opposed to "demanding" dilution of shareholdings in Oi..A restructured Oi will be ready for mergers and acquisitions activity, not necessarily as a target..Pharol holds a 25.7 percent stake in Oi..Oi, which is in a bankruptcy protection process, submitted a debt restructuring plan that would limit the debt-for-equity swap demanded by creditors to 25 percent of its capital, far below the 88 percent proposed by a group of bondholders. nL2N1MM2JP.Further company coverage: PHRA.LS.

Pharol seeks to keep high stake in Oi in restructuring -CEO

Thursday, 12 Oct 2017

Oct 12 (Reuters) - CEO of Portugal's Pharol SGPS , the largest shareholder in Brazil's telecom firm Oi says::Oi restructuring plan presented on Wednesday is "balanced and positive"..Luis Palha da Silva says Pharol will make an effort to keep its stake in Oi at highest possible percentage after the restructuring..Pharol is not opposed to "demanding" dilution of shareholdings in Oi..A restructured Oi will be ready for mergers and acquisitions activity, not necessarily as a target..Pharol holds a 25.7 percent stake in Oi..Oi, which is in a bankruptcy protection process, submitted a debt restructuring plan that would limit the debt-for-equity swap demanded by creditors to 25 percent of its capital, far below the 88 percent proposed by a group of bondholders. nL2N1MM2JP.Further company coverage: PHRA.LS.

Spark New Zealand plans to take on direct management of all stores

Sunday, 18 Jun 2017

June 19 (Reuters) - Spark New Zealand Ltd :SparkNZ planning to take on direct management of all stores.Is in process of moving 26 retail stores around New Zealand from management by dealer partners leading Edge & Orb to direct management by Spark."There are no plans to close stores".

Deutsche Telekom says restructures German business

Thursday, 22 Sep 2016

Deutsche Telekom : Says Ferri Abolhassan takes on newly created role of director of service transformation . Says Bruno Jacobfeuerborn moves to Deutsche Funkturm and becomes chief technology officer at group headquarters . Says a new director of technology will be announced soon . Says Telekom Deutschland reorganizes its managing board . Says merging of service areas is a major component of an agreement reached with employee representatives on development of Telekom Deutschland .Says it also includes flexible organization of working hours in service and technology areas: weekly working hours can be increased by up to four hours, depending on requirements, or, as of 2019, can also be reduced.

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