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Wireless Telecommunications Services

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Bharti Airtel and Millicom announce deal closure to combine operations in Ghana​

Monday, 16 Oct 2017

Oct 16 (Reuters) - Bharti Airtel Ltd :Says ‍Bharti Airtel and Millicom announce deal closure to combine operations in Ghana​.Says Roshi Motman, current CEO of Tigo Ghana, will be new CEO of joint entity​.

AT&T reiterates FY17 guidance, continues to assess hurricane losses

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - At&T Inc :Reiterates its full-year 2017 guidance of mid-single digit adjusted earnings growth.Reiterates its full-year 2017 guidance of adjusted consolidated operating margin expansion, capex in the $22 billion range.Several devastating hurricanes, earthquakes in Mexico, significantly impacted certain regions of its service area during the third quarter.Also expect to report nearly 300,000 DirecTV now net adds with total U.S. video subscribers down about 90,000 for the third quarter‍​.Damage to network, other property, costs to restore services, among others to decrease reported Q3 2017 consolidated revenues nearly $90 million.Reiterates full-year 2017 guidance of free cash flow at low end of $18 billion range‍​.Expect further reductions in the fourth quarter as co continue to assess damage to co's network and fully restore service.Impact from hurricanes and earthqauakes to decrease reported Q3 pre-tax earnings about $210 million, or $0.02 per diluted share.Effective July 1, 2017, are reporting prepaid internet of things connections as a separate class within subscriber categories.FY2017 earnings per share view $2.94 -- Thomson Reuters I/B/E/S.Reporting prepaid IoT connections as separate class to result in 97,000 additional prepaid net adds in quarter.Reporting prepaid IoT connections as separate class to result in a corresponding decline in connected device net adds in qtr‍​.

Eurona to integrate its satellite business into Quantis

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - EURONA WIRELESS TELECOM SA ::SAID ON TUESDAY THE BOARD DECIDED TO SEGREGATE ITS SATELLITE BUSINESS AND INTEGRATE IT INTO QUANTIS GLOBAL SL (QUANTIS), A COMPANY ACQUIRED BY EURONA IN 2016 .QUANTIS, IN THIS WAY, WILL GROUP THE ENTIRE BUSINESS OF PROVIDING BROADBAND SERVICES VIA SATELLITE WITHIN THE EURONA GROUP.THE NET ASSET VALUE TO BE TRANSMITTED TO QUANTIS AMOUNTS TO 5.1 MILLION EUROS.THE SEGREGATION WILL HAVE EFFECTS AS OF JAN. 1, 2018.

Lleida.net to move registered office to Madrid

Monday, 9 Oct 2017

Oct 9 (Reuters) - LLEIDANETWORKS SERVEIS TELEMATICS SA ::SAID ON SATURDAY BOARD HAS DECIDED TO RELOCATE COMPANY'S REGISTERED OFFICE TO ITS IS OFFICES IN MADRID FROM CURRENT FACILITIES IN LLEIDA .SAYS DECISION HAS PURPOSE OF REDUCING RISKS SUCH AS POSSIBLE LOSS OF EUROPEAN OPERATOR STATUS, OF NUMBERING, OF EUROPEAN CERTIFICATIONS OBTAINED OR IN PROCESS OF BEING OBTAINED AS WELL AS CHANGES OF TERMS IN AGREEMENTS OF INTERCONNECTION OBTAINED UNDER SAID STATUS.

Softbank Group to acquire Fortress Investment Group for $3.3 bln

Wednesday, 15 Feb 2017

Fortress Investment Group Llc : Softbank Group to acquire fortress investment group for $3.3 billion . Fortress Investment Group LLC - each fortress class a shareholder will receive $8.08 per share . Fortress principals to continue to lead business independently . Fortress Investment Group LLC says under terms of agreement, softbank can bring in partners for a portion of investment . Says under terms of agreement, Softbank can bring in partners for a portion of investment . Fortress Investment Group LLC - fortress plans to maintain its current base dividend of $0.09 per share for Q4 of 2016 . Fortress investment group llc - fortress plans to maintain its current base dividend of $0.09 per share for q4 of 2016 . Fortress Investment Group - Nizar Al-Bassam,Dalinc Ariburnu of F.A.B. Partners, will continue to advise Softbank with respect to Fortress . Fortress Investment-Fortress principals to vote shares representing aggregate of 34.99pct of Fortress voting shares held by them in favor of deal . Fortress Investment Group LLC - Pete Briger, Wes Edens and Randy Nardone have agreed to continue to lead Fortress . Fortress Investment Group LLC - Fortress will operate within Softbank as an independent business headquartered in New York . Fortress Investment Group - Pete Briger, Wes Edens, Randy Nardone committed to invest 50pct of after-tax proceeds from deal in Fortress-managed funds.

Softbank Group to acquire Fortress Investment Group for $3.3 bln<9984.T>

Tuesday, 14 Feb 2017

Fortress Investment Group Llc : Softbank Group to acquire fortress investment group for $3.3 billion . Fortress Investment Group LLC - each fortress class a shareholder will receive $8.08 per share . Fortress principals to continue to lead business independently . Fortress Investment Group LLC says under terms of agreement, softbank can bring in partners for a portion of investment . Says under terms of agreement, Softbank can bring in partners for a portion of investment . Fortress Investment Group LLC - fortress plans to maintain its current base dividend of $0.09 per share for Q4 of 2016 . Fortress investment group llc - fortress plans to maintain its current base dividend of $0.09 per share for q4 of 2016 . Fortress Investment Group - Nizar Al-Bassam,Dalinc Ariburnu of F.A.B. Partners, will continue to advise Softbank with respect to Fortress . Fortress Investment-Fortress principals to vote shares representing aggregate of 34.99pct of Fortress voting shares held by them in favor of deal . Fortress Investment Group LLC - Pete Briger, Wes Edens and Randy Nardone have agreed to continue to lead Fortress . Fortress Investment Group LLC - Fortress will operate within Softbank as an independent business headquartered in New York . Fortress Investment Group - Pete Briger, Wes Edens, Randy Nardone committed to invest 50pct of after-tax proceeds from deal in Fortress-managed funds.

Vonage Holdings reports Q4 adjusted earnings per share $0.03

Tuesday, 14 Feb 2017

Vonage Holdings Corp : Vonage announces strong fourth quarter and full year 2016 results, highlighted by 72% growth in 2016 vonage business revenue . Q4 adjusted earnings per share $0.03 . Q4 revenue $247 million versus I/B/E/S view $247.6 million . Q4 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue $970 million to $985 million . Sees 2017 capex of approximately $40 million . Sees FY17 consolidated adjusted oibda of at least $165 million .FY2017 revenue view $1.01 billion -- Thomson Reuters I/B/E/S.

NTT Docomo to lower costs by around 50 bln yen in current FY through March - Nikkei

Tuesday, 6 Sep 2016

Nikkei: NTT Docomo will lower costs by around 50 billion yen in the current fiscal year through march by streamlining maintenance of network hardware - Nikkei . NTT Docomo plans total expense reductions of 80 bln yen in fiscal 2016 - Nikkei .NTT Docomo is seen reducing capital investment this year by 10 billion yen from the previous fiscal year to 585 billion yen - Nikkei.

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