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  • 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.
  • 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.
  • Several of Europe’s biggest telecoms companies have expressed dissatisfaction with European Union proposals for regulating the next generation of broadband networks.
  • South African company eFive Telecoms has announced plans to build a submarine cable network linking Africa’s west coast to south America.
  • Middle East subsea cable operator Gulf Bridge International (GBI) has struck a deal with European carrier Interoute in the interests of extending the international reach of both companies.
  • 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.
  • 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.
  • 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.
  • Telstra has implemented a company-wide plan to boost revenues and improve customer satisfaction in the face of eroding revenues from traditional service areas.
  • Mexican cable TV operator Megacable Holdings will provide wireless services to its subscribers, following an agreement to supply services from Telefonica.