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Vodafone sells stake in China Mobile
15 Oct 2010

Vodafone has sold off its 3.2% stake in Chinese operator China Mobile for approximately £4.3 billion as the company continues its divestment strategy to reduce debt.

Neutral Tandem acquires Tinet
15 Oct 2010

US voice interconnection company Neutral Tandem has agreed to acquire Italian carrier Tinet for $94.9 million.

France Telecom buys into Moroccan telecoms
15 Oct 2010

France Telecom Orange is to acquire a €640 million, 40% stake in Moroccan operator Medi Telecom (Meditel) from its domestic owners, state investment vehicle Caisse de Depot et de Gestion (CDG) and private investment group Financecom.

Abovenet extends its reach into Europe
15 Oct 2010

US metro network player Abovenet has moved to extend its international reach into three new European markets with a strong financial services sector – Frankfurt, Amsterdam and Paris.

MetroPCS launches US LTE service
15 Oct 2010

US mobile operator MetroPCS has claimed to be the first to launch commercial 4G LTE services in the US with the switching on of its network in Las Vegas.

Bharti outsources African IT to IBM
15 Oct 2010

Bharti Airtel has appointed IBM to manage its IT operations in the 16 African countries where it now owns a network in a move to control costs in its overseas investments.

TDC sells Swiss business to private equity
15 Oct 2010

Danish telco TDC has sold its Swiss subsidiary Sunrise to private equity firm CVC Capital Partners for $3.3 billion, subject to approval by Swiss regulatory authorities.

Telstra lays out strategy
15 Oct 2010

Telstra has implemented a company-wide plan to boost revenues and improve customer satisfaction in the face of eroding revenues from traditional service areas.

BT ramps up Asia-Pacific investment
15 Oct 2010

BT has begun a major programme of Asia-Pacific investment in a bid to secure new business in that market, as well as support existing corporate customers expanding into the region.

KDDI considers Romanian investment
15 Oct 2010

There is speculation that Japan’s second largest operator KDDI is about to invest in the Romanian telecoms market as a bridgehead to other countries in central and eastern Europe, underscoring growing Asia-Pacific interest in the region.

RCN Metro relaunches as Sidera
15 Oct 2010

US-based fibre network operator RCN Metro has relaunched itself as Sidera Networks, following the acquisition of parent company RCN Corporation by private investment fund Abry Partners.

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