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Telekom Serbia to buy back OTE stake
19 Dec 2011

Telekom Serbia’s board and shareholders have approved the purchase of Greek provider OTE’s stake in the company. The state-run operator is expected to pay €380 million for Deutsche Telekom-owned OTE’s 20% stake, restoring 100% ownership.

GBI subsea cable system completed
19 Dec 2011

The final segments of Gulf Bridge International’s (GBI) cable system - set to connect all nations on the Persian Gulf before taking traffic on to India and Egypt and across the Mediterranean to Italy - have been completed.

Hi3G claims world’s first dual FDD/TDD LTE network
16 Dec 2011

Hi3G Access Sweden, the mobile subsidiary of Hutchison Whampoa, has launched a combined FDD/TDD 4G LTE network in partnership with Chinese technology provider ZTE. The company claims that it is the first commercial implementation of LTE FDD/TDD dual-mode technology.

LightSquared suffers LTE setback
16 Dec 2011

LightSquared’s LTE plans have received a further set back following the release of an official report expressing concern that the company’s proposed 4G network could interfere with GPS devices and compromise aircraft flight safety.

Friday Network News: December 16
16 Dec 2011

Capacity brings you the latest network news. If you have network developments you’d like us to share, please email robert.anderson@capacitymedia.com or tweet us @capacitymag.

Telstra secures Asian licences
15 Dec 2011

Telstra has secured operating licences in Singapore and Japan, allowing the company to own infrastructure facilities and be directly responsible for services delivered to customers locally in both countries.

Verizon creates enterprise operation
15 Dec 2011

Verizon has announced the creation of a global organisation to oversee all business, government and wholesale operations from across the company’s mobile and wireline businesses.

Telefónica’s Mexican operation sells towers
13 Dec 2011

Pegaso PCS, the Mexican subsidiary of Telefónica, has agreed to sell around 2,500 towers to the American Tower Corporation in a $500 million deal. Subject to regulatory approval, American Tower expects to acquire the assets before the end of 2011.

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