Telecom Italia chief executive Franco Bernabe is planning on tendering his resignation at a board meeting scheduled for later this week, reports Bloomberg.
The boss of Italy’s biggest phone company has reportedly lost the support of Telco, the Telefonica-controlled consortium that holds a 22.4% stake in Telecom Italia (Milan, Italy), after clashing with shareholders over the operator’s strategy.
Czech authorities say five companies have registered to participate in a forthcoming auction of 4G spectrum, including all three of the incumbents plus two new entrants.
Entities known as Revolution Mobile and Tasciane are to line up alongside Telefonica (Madrid, Spain), T-Mobile (Bonn, Germany) and Vodafone (Newbury, UK) in the auction of frequencies in the 800MHz, 1800MHz and 2.6GHz bands.
America Movil has shifted the timing of its planned takeover of Dutch incumbent KPN to October from September, as negotiations over the acquisition drag on, according to a report from Dow Jones Newswires.
The Latin American telecoms giant – owned by Mexican billionaire Carlos Slim – announced plans for a €7.2 billion takeover of KPN (The Hague, Netherlands) in August, but it has subsequently run into opposition from an independent foundation set up to protect the interests of the Dutch incumbent.
Internet telephony player Skype is costing mobile operators some $100 million a day, according to new research about the impact of over-the-top (OTT) players on the telecoms industry.
Commissioned by messaging specialist Tyntec, and carried out by market-research company mobilesquared, the study reveals that some 280 million users now spend about two billion minutes a day on Skype (Luxembourg City, Luxembourg), and that 43% of mobile operators regard the company as a major threat to their revenues, especially since it won the backing of Microsoft in 2011.
Norwegian telecoms group Telenor entered the online classifieds market on Monday, taking a stake in a Southeast Asian venture and establishing a South American business, it said in a statement.
Telenor (Fornebu, Norway) will take a 33.3 percent stake in Southeast Asia focused 701 Search, an existing venture between Singapore Press Holdings and Norwegian publishing house Schibsted, and agreed to establish a 50/50 joint venture with Schibsted to create SnT Classifieds with a focus on South America.
Grameenphone, majority owned by Norway's Telenor, on Sunday launched Bangladesh's first mobile 3G (third generation) network, aiming for national coverage by next April.
The dominant provider, which has 44 percent of the market and paid $210 million for 10 megahertz of 3G spectrum in September, pledged to do its best to make the service available at "affordable" prices.
There are some 107 mobile phone users among Bangladesh's population of over 160 million but it lacks internet services, with barely 36,000 subscribers by either mobile or fixed lines.
Exclusive talks for Etisalat to buy Vivendi's 53 percent stake in Maroc Telecom have been extended to October 31, the United Arab Emirates' former telecom monopoly said on Sunday.
Vivendi (Paris, France) in July entered into exclusive negotiations with Etisalat (Abu Dhabi, United Arab Emirates) - the UAE's No.1 telecom operator - to sell its majority holding stake in Maroc Telecom (Rabat, Morocco) for 3.9 billion euros ($5.28 billion) in cash.
The global multi-platform event Apps World show will be returning to San Francisco for two days of engagement and high level insight and discussion around one of the largest growing industries - apps. The event will be taking over Moscone Centre West for a massive free-to-attend expo with over 8,000 developers, mobile marketers, mobile operators, platform owners and industry professionals expected.
AT&T has become the first US operator to broker a deal with Wi-Fi sharing community Fon.
The deal will give AT&T customers access to Fon (Madrid, Spain) networks overseas, while allowing members of the community to use AT&T’s (Dallas, TX, USA) Wi-Fi services in the US.
Fon works by pooling Wi-Fi hotspots provided by the various operators that have signed up to the service, allowing Wi-Fi customers of AT&T, for instance, to use facilities provided by KPN (Amsterdam, Netherlands).
Customers of SFR’s 4G services will have access to online music from Napster thanks to a new partnership between the two companies.
The deal is the latest example of collaboration between operators and so-called over-the-top (OTT) providers, which have traditionally been viewed as a threat to the revenues operators generate from traditional telecoms activities.