Russia’s MTS swung to a net profit and reported revenue growth for the three months ending June thanks to rising demand for mobile data services and various one-off gains, including settlements related to its disputed ownership of Bitel, an operator in the Kyrgyz Republic.
UK authorities have announced their preferred suppliers for contracts worth some £2.8 billion ($4.39 billion) that form part of the nationwide rollout of a smart grid aimed at reducing energy costs and waste, with Capita, Spanish telecoms operator Telefonica and CGI among the winning bidders.
According to a statement from the Department of Energy and Climate Change, outsourcing specialist Capita (London, UK) will become the Data and Communications Company (DCC) provider in a deal worth some £175 million.
German carmaker Audi has begun selling cars with in-built LTE connectivity across Europe and it plans to introduce the technology into US vehicles next spring.
The 4G technology is now available in the Audi S3 Sportback and will be introduced into other vehicles in the manufacturer’s premium compact range in November.
According to the GigaOm website, the company also plans to release an LTE-equipped version of its A3 Sedan in the US market, but not until spring 2014.
M2M module maker Novatel Wireless is to begin supplying telematics products to RAC Motoring Services, the two companies have announced.
The UK motoring organization – which provides roadside assistance, insurance, vehicle inspections and checks, legal services and traffic and travel information to approximately seven million customers – aims to cater to a broader range of drivers’ needs through the deal.
Austrian telecoms incumbent Telekom Austria has been linked with a €1 billion ($1.3 billion) bid for cable company Serbia Broadband in a report from Bloomberg.
Citing sources familiar with the proceedings, Bloomberg says that Telekom Austria (Vienna, Austria) has re-entered bidding for the Serbian company, after dropping off a list of companies examining Serbia Broadband’s (Belgrade, Serbia) books, with other interested parties said to include Providence Equity Partners, Cinven Advisers and Altice Finco.
Czech regulatory authorities have announced plans to hold an auction of 4G spectrum by mid-November after a previous sale was suspended over concern about the high prices companies were offering for licenses.
In a statement published on its website, the Czech Telecommunications Office (CTU) said companies would be able to register their interest in bidding for spectrum until 30 September.
The CTU plans to sell frequencies in the 800MHz, 1800MHz and 2.6GHz bands but has stoked controversy by proposing to reserve some of the 800MHz and 1800MHz airwaves for a new entrant.
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An independent Dutch foundation has expressed concern about the proposed acquisition of KPN by Latin American telecoms giant America Movil, casting doubt over the likelihood of a takeover, reports Reuters.
Owned by Mexican billionaire Carlos Slim, America Movil (Mexico City, Mexico) last week announced plans for a €7.2 billion ($9.56 billion) takeover of the Dutch telecoms incumbent, in which it currently holds a 30% share.
Pan-African operator MTN Group saw profits and revenues for the first half of the year buoyed by continuing subscriber growth despite pricing pressure across most of its markets.
Profits after tax rose by 19%, to ZAR14.55 billion ($1.46 billion), compared with the same period of 2012, while revenues were up by 9.8%, to ZAR65.25 billion.
Meanwhile, the company’s overall subscriber base grew by 6.5%, compared with end-June 2012, to 201.5 million customers.
Telekom Austria and Dutch group KPN, the European rivals in which Mexican tycoon Carlos Slim has invested, have joined forces to offer internet-based data services to wholesale and large business customers, they said on Tuesday.
The two companies are combining their infrastructure to create a "backbone" optic fiber network across 35 countries whereby Telekom Austria (Vienna, Austria) can use KPN's (The Hague, Netherlands) network for its customers in western Europe and KPN can use Telekom Austria's network in central and eastern Europe.