Deal of the week
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| AT&T has announced plans to invest $500 million into a new venture that will aim to launch over-the-top video services. [read more] |
Midweek Mergers
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| Colt has stirred up speculation that it could be up for sale after it announced a profit warning for this year. [read more] |
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| PCCW Global has signed an agreement with urban complex developer Shanghai Zendai to provide technology and telecoms services to a smart city being developed in South Africa. [read more] |
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| Kuwaiti operator Zain has reportedly been sued for $4.5 billion by an undisclosed company over its purchase of Iraqi operator Iraqna in 2007. [read more] |
International Investments
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| Israeli mobile operator Cellcom has selected Nokia Solutions and Networks (NSN) for the build-out of its 4G network. [read more] |
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| Nokia Solutions and Networks (NSN) has announced the opening of two offices in Yangon, Myanmar. [read more] |
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| Reliance Jio Infocomm has signed an agreement with independent telecoms tower firm ATC India, to share its infrastructure in the country. [read more] |
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| Zain Jordan has acquired LTE frequencies for 142 million dinars ($199.8 million) and will launch the service in the country at the end of this year. [read more] | |
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| Pakistan’s failure to generate a good response to its next-generation mobile spectrum licence could mean the country will miss out on its budget targets for the year. [read more] |
