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Wireless Telecommunications Services

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Blackberry And Qualcomm Extend Strategic Relationship

Thursday, 7 Dec 2017

Dec 7 (Reuters) - Blackberry Ltd ::BLACKBERRY AND QUALCOMM EXTEND STRATEGIC RELATIONSHIP TO DELIVER AUTOMOTIVE PLATFORMS FOR NEXT GENERATION VEHICLES.BLACKBERRY AND QUALCOMM EXTEND STRATEGIC RELATIONSHIP TO DELIVER AUTOMOTIVE PLATFORMS FOR NEXT GENERATION VEHICLES.BLACKBERRY - ‍AS PART OF RELATIONSHIP, COS AGREED TO OPTIMIZE SELECT QUALCOMM TECHNOLOGIES' HARDWARE PLATFORMS WITH BLACKBERRY'S QNX SOFTWARE​.

Fitch says ratings on RCom, GCX unaffected by RCom debt revamp plan

Wednesday, 1 Nov 2017

Oct 31 (Reuters) - :Fitch: ratings on RCom, GCX unaffected by RCom debt revamp plan.Fitch - expect RCom to gradually exit from wireless voice business and significantly scale down its operations due to intense competition.Fitch - expect restructuring to transform RCom from an integrated telecom company to a business-to-business bandwidth services provider.Fitch - ‍expect GCX's end-September 2017 cash balance to fall closer to USD 40 million​.

RCom says 4G strategy to be executed via spectrum sharing, intracircle roaming with Jio

Wednesday, 25 Oct 2017

Oct 25 (Reuters) - Reliance Communications Ltd :Says ‍decided to adopt 4G-focussed strategy for profitable growth of its wireless business​.Co will be optimizing its 2G and 3G footprint, related infrastructure and human resources, w.e.f Nov 30.Reliance communications says 4G strategy to be executed through spectrum sharing and intracircle roaming with Reliance Jio.

China Unicom Hong Kong says Sept. ‍aggregate number of mobile billing subscribers 276.866 mln

Thursday, 19 Oct 2017

Oct 19 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>::September ‍aggregate number of mobile billing subscribers 276.866 million for mobile business ​.Sept ‍net addition of mobile billing subscribers for mobile business 3.823 million​.Sept. ‍aggregate number of fixed-line broadband subscribers 77.406 million​.Sept. Aggregate number of local access subscribers 61.760 million​.Sept net addition of fixed-line broadband subscribers 0.417 million​.

H&R Century Union to swing to loss in Q1~Q3 FY 2017 after restructuring

Monday, 16 Oct 2017

Oct 16 (Reuters) - H&R Century Union Corp <000892.SZ> ::Sees to swing to net loss at 19 million yuan to 20 million yuan (after restructuring) in Q1~Q3 FY 2017 versus net profit at 81.0 million yuan (after restructuring) year ago.Says marketing expenditure as main reason for the forecast.

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.

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