& cplSiteName &

Euronews: Yoigo Sale a No-Go for TeliaSonera

Paul Rainford
4/2/2013
50%
50%

TeliaSonera AB, Tele2 AB, France Télécom – Orange and Vodafone Group plc get caught up in today's trawl of the EMEA headlines.

  • Sweden's TeliaSonera has given up on its attempt to sell Yoigo, its Spanish unit, after failing to attract a bid that matched its expectations. Last summer TeliaSonera announced it was looking to offload its 76.6 percent stake in Yoigo for about €1 billion (US$1.22 billion). The Spanish outfit is the country's fourth-largest mobile operator, claiming 3.7 million customers at the most recent count. (See TeliaSonera Gives Up on Yoigo Sale and Euronews: For Sale – Spanish Mobile Operator.)
  • In a similar vein, Nordic operator Tele2 has insisted it will go ahead and sell its Russian unit to VTB for $3.5 billion, a Russian bank, reports Reuters, despite interest from VimpelCom Ltd., Mobile TeleSystems OJSC (MTS) and A1.
  • France Télécom – Orange is to outsource more than 2,000 of its African towers to IHS, a mobile infrastructure specialist, in a 15-year deal. Under the terms of the agreement, available space on these towers will be marketed to other mobile operators while Orange subsidiaries will gain access to slots on towers that IHS currently owns in Côte d'Ivoire (Ivory Coast) and Cameroon. (See France Telecom Outsources African Towers.)
  • U.K.-based Vodafone is officially cheesed off with the Indian government for the fact that it is being forced to re-bid for mobile licenses in India's three largest cities, reports the Financial Times (subscription required). The mobile giant wrote a "forceful" letter to the telecom regulator accusing it of "factual mistakes" and "unfair treatment." — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    From The Founder
    John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
    Flash Poll
    Upcoming Live Events
    June 26, 2018, Nice, France
    September 12, 2018, Los Angeles, CA
    September 24-26, 2018, Westin Westminster, Denver
    October 9, 2018, The Westin Times Square, New York
    October 17, 2018, Chicago, Illinois
    October 23, 2018, Georgia World Congress Centre, Atlanta, GA
    November 7-8, 2018, London, United Kingdom
    November 8, 2018, The Montcalm by Marble Arch, London
    November 15, 2018, The Westin Times Square, New York
    December 4-6, 2018, Lisbon, Portugal
    All Upcoming Live Events
    Hot Topics
    NFV Is Down but Not Out
    Iain Morris, News Editor, 5/22/2018
    What VeloCloud Cost VMware
    Phil Harvey, US News Editor, 5/21/2018
    Trump Denies ZTE Deal, Faces Senate Backlash
    Dan Jones, Mobile Editor, 5/22/2018
    5G in the USA: A Post-BCE Update
    Dan Jones, Mobile Editor, 5/23/2018
    Vanquished in Video, Verizon Admits OTT Defeat
    Mari Silbey, Senior Editor, Cable/Video, 5/23/2018
    Animals with Phones
    Live Digital Audio

    A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

    Like Us on Facebook
    Twitter Feed