VimpelCom has acquired a 40 percent stake in new mobile operator GTEL-Mobile for USD 267 million, according to a report from Reuters.
State-owned GTEL and subsidiary GTEL TSC hold the remaining 51 percent and 9 percent respectively, although the Russian operator is considering buying a further 9 percent from its Vietnamese partners and has an option [...]
Danish businessman Jeffrey Galmond told Russian newspaper Vedemosti that he is looking to sell his interests in a number of Russian telecoms companies.
Galmond currently holds a 50 percent stake in cellular operator SkyLink and long-distance provider Multiregional TransitTelecom (MTT); both these firms are joint ventures with Russian conglomerate AFK Sistema and it is thought that [...]
Romanian cable operators UPC, Cablevision, Electron M. Bit Telecom, and Sebmar are set to merge their operations. UPC which offers cable and satellite services, Internet, and digital fixed telephony already has control of the separate companies. The merger plan was set up and approved by administrators of the four companies on 16 June and will [...]
Romanian telco NewCom Communications has announced it will soon launch its Injoy triple-play service at national level, having so far invested EUR 25 million (USD 40 miilion) in to Injoy with further funds for development to be granted by the end of the year.
The Injoy network is available in over 35 large cities and 100 [...]
Belarus’ Minister of Telecommunications and Informatisation, Nikolai Pantelei, presented a draft of amendments to the country’s telecoms law to the National Assembly for its first hearing. The amendments are designed in accordance with a Presidential decree made on the 26 December 2007, backed by the Council of Ministers enactment No. 267, of February 2008.
These changes [...]
Russian telecoms group Comstar-UTS has announced its acquisition of the regional operator Ural TeleSystems (UTC), for RUB 1 billion (USD 43.3 million) cash Comstar will take 100 percent control of UTC, which provides fixed-line voice and data services to 61,000 subscribers in Ekaterinburg and the Sverdlovsk region, part of the Ural Federal District in central [...]
It has been reported that Belarus will award 3G licences in the near future by the Belapan news agency
New entrants to the market would be allowed to bid for the licences. According to Henadz Tsaryk, a departmental chief at the communications ministry, “If there are such contenders that can create a network within an appropriate [...]
Since launching its WiMAX Internet access service last October, Montenegrin telecommunications operator M:tel has managed to sign up around 5,000 users.
Currently, M:tel has commercial users in Podgorica, Cetinje, Nikšić, Bijelo Polje, Berane and Rožaje, while base stations have also been installed in Bar, Tivat and Pljevlja. By the end of the year, in line with [...]
Vodafone Czech Republic’s OneNet service has passed the 100 corporate users milestone. Overall, corporate customers, including SMEs, generated over a third of Vodafone’s total revenue in 2007.
Launched in 2007, the Vodafone OneNet service has provided business customers with integrated communication services, including fixed and mobile lines, fixed and mobile data connections, as well as Internet [...]
Hungarian mobile operator Pannon has introduced the Doro HandleEasy 326gsm mobile phone on Hungarian market. The phone targets people who find the buttons and screens of mobile phones currently available in stores difficult to use and see.
The Doro HandleEasy 326gsm features large buttons, easy-to-see characters on the screen and quick-dial buttons, as well as comprehensible [...]