Save the Date for the 3rd Annual F5 Government Technology Symposium 2014
Application Strategy to Future-Proof Your Investments
Mark your calendar for this annual event for government IT leaders and practitioners. Our dynamic agenda will cover the hottest topics in IT, from cybersecurity, mobility, cloud, and application delivery. Come and hear expert keynotes, learn new strategies for application delivery, and network with your peers in the public sector.
French cable operator Numericable has agreed a €13.5 billion ($18.5 billion) takeover of Vivendi’s SFR, beating off competition from communications rival Bouygues for the country’s second-biggest mobile operator.
The acquisition promises to radically alter the shape of the French telecoms market, putting Numericable (Paris, France) in control of mobile assets and giving it the opportunity to challenge telecoms incumbent Orange (Paris, France) in the market for bundled services that include fixed, broadband and mobile elements.
Reliance Jio Infocomm has announced another network-sharing deal with Reliance Communications (RCOM) in a further sign of improving relations between India’s Ambani brothers.
The so-called Master Service Agreement will give Reliance Jio (Mumbai, India) access to RCOM’s (Mumbai, India) nationwide inter-city fiber network, which it hopes will help to speed up its deployment of a 4G network across India.
Reliance Jio said the agreement was based on “arm’s length pricing at prevailing market prices”.
The United States on Friday criticized proposals to build a European communication network to avoid emails and other data passing through the United States, warning that such rules could breach international trade laws.
In its annual review of telecommunications trade barriers, the office of the U.S. Trade Representative said impediments to cross-border data flows were a serious and growing concern.
Altice has reportedly said it has no plans to increase its offer for Vivendi’s SFR after bidding rival Bouygues raised its own offer last week, according to Bloomberg.
Altice (Paris, France) has the flexibility to revise its bid between now and April 4 – when exclusive talks with Vivendi (Paris, France) are set to end – but believes it has the support of Vivendi, which is likely to face fewer antitrust and other regulatory hurdles in a sale to Altice than one involving Bouygues (Paris, France).
Egypt's Telecommunications Minister Atef Helmy said on Sunday the country's long awaited unified telecom licence for both mobiles and landlines will be activated within three months.
The licence would allow telecommunication companies to operate fixed-line and mobile networks, which would in turn allow Egypt's fixed-line monopoly Telecom Egypt (Cairo) to offer mobile services.
Deutsche Telekom has slashed its free cash flow target for 2015 from €6 billion ($8.33 billion) to little more than €4.2 billion owing to the investment demands of its T-Mobile US subsidiary.
Reporting full year results, the operator said it would increase spending on the rollout of its LTE network using the 700MHz frequencies it recently acquired from Verizon Wireless (New York City, NY, USA).
Its goal is to extend coverage to about 250 million people, up from 225 million at the end of 2013.
Mexico's telecommunications watchdog unveiled a slew of regulations on Friday to claw back the massive telephone business of billionaire Carlos Slim, but said it would not order a break-up of his companies for now.
Mexico is trying to open up its phone and TV industries to more competition following last year's passage of a major telecoms reform that targets the vast market shares enjoyed by Slim and the country's no. 1 broadcaster, Televisa (Mexico City, Mexico).
German Infrastructure Minister Alexander Dobrindt said on Friday Berlin will invest the proceeds of planned sales of frequency bands to mobile telephone services in broadband infrastructure expansion.
Germany's right-left coalition government aims to have broadband of at least 50 megabits a second available across the country by 2018, up from a coverage level of 60 percent. For the upgrade an estimated 20 to 34 billion euros is necessary.
(Reporting by Thorsten Severin and Peter Maushagen, editing by David Evans)
An online education company backed by Alibaba Group Holding Ltd said on Monday that a unit of Softbank Corp had made a strategic investment in the company for an undisclosed amount.
The investment in TutorGroup from SBI Group (Tokyo, Japan), formerly known as Softbank Finance Group and one of Asia's biggest venture capital firms, follows a capital raising of nearly $100 million for TutorGroup in February from Alibaba (Hangzhou, China), Singapore state investor Temasek Inc and China's Qiming Venture Partners (Shanghai).