industry / IT
Russian consortium BWDC-Metsanco wins Wimax licence in Peru(Telecompaper) Russian consortium BWDC-Metsanco has won a Wimax licence for provision of broadband internet services in Peru. The BWDC-Metsanco consortium was the only bidder who pre-qualified for the tender process. BWDC-Metsanco's offer surpassed by USD 1 the initial price of around USD 3.90 million set by ProInversion. Under the terms of the concession awarded by Peru's Agency for Promotion of Private Investment (ProInversion), the Russian consortium will have to deploy 9,000 internet connections during the first year of operations on the local market and 60,000 lines over the first five years. The licence covers a period of 20 years, which can be renewed by the Ministry of Transport and Communications. BWDC-Metsanco will initially launch Wimax services in 12 regions of Peru during the first year of operations, after which it will expand the service nationwide. The consortium comprises Virgin Islands-based company Broadband Wireless Development Corporation and Metsanco, from Cyprus.
dmeurope.com Friday, August 07, 2009KPN maintains bid for iBasis(Telecompaper) Dutch operator KPN has maintained its buy-out bid for the rest of the shares in carrier services provider iBasis. iBasis earlier rejected the offer as too low and announced a series of poison pill measures. KPN said the iBasis actions violate agreements between the two companies as well as iBasis' own statutes. KPN said in a statement that it "continues to believe that the offer is fair and that iBasis would be better placed to confront its competitive challenges and improve its operational and strategic potential as a wholly-owned member of the KPN Group than it does as a public company". The Dutch company rejected suggestions that it was pursuing the buy-out in an "improper manner", and said it's confident of winning any legal challenges that may arise from the allegations. Separately, iBasis issued a statement saying three of its largest sharehodlers have rejected the bid. Millennium Management, the general partner of Millennium Partners Lloyd Miller, and Karen Singe
dmeurope.com Friday, August 07, 2009DoCoMo takes lead in subscriber additions in July(Telecompaper) Japanese mobile operators added 413,700 new customers in July, to reach a combined total of 108.90 million customers, according to figures from the Telecommunications Carrier Association. NTT DoCoMo took the lead in net additions and added 143,600 subscribers to end the month with 55.07 million. Softbank followed with 137,600 new subscribers, bringing its total to 21.09 million. Emobile signed up 76,100 new subscribers bringing its total to 1.75 million customers. KDDI gained 56,600 new customers and ended July with 31.05 million customers, while PHS provider Willcom shed 18,500 customers to finish July with 4.52 million.
dmeurope.com Friday, August 07, 2009Malaysia plans internet filtering system(Telecompaper) Malaysia plans to install an internet filtering system similar to China's controversial Green Dam, to block children's access to "undesirable" websites, Kyodo news agency reports. The move led to protests from netizens, rights groups and the opposition, who stated the move would mainly aim to obstruct anti-government blogs and websites. Information, Communication and Culture Minister Rais Yatim said the government is still studying the filtering process. Independent media watchdog Center for Independent Journalism said the move would be a violation of the commitments made in the promotion of the country's information technology hub Multimedia Super Corridor and in the 'Bill of Guarantees', a bill that ensures the freedom of speech on the internet. The Center for Independent Journalism said the ''real beneficiaries'' of the project are those in power. As the ruling coalition is facing increasing attacks from opposition blogs and websites who are taking advantage of the
dmeurope.com Friday, August 07, 2009One.Tel liquidator set to sueONE.TEL'S special purpose liquidator says he is close to finalising funding to launch a $230 million court case in relation to a controversial cancelled rights issue.
Australian IT Friday, August 07, 2009Cukurova ordered to deliver Turkcell shares to TeliaSonera(Telecompaper) The International Chamber of Commerce has issued an award stating that Turkish holding company Cukurova must deliver all the remaining shares in Turkcell Holding to TeliaSonera for a cash consideration of USD 3.1 billion. TeliaSonera plans to enforce the award against Cukurova in Turkey. If the shares are not delivered, TeliaSonera will demand damages from Cukurova in the amount of USD 1.8 billion, which is the the shares' lost value established by the same court. TeliaSonera does not yet know if Cukurova is willing to, or able to, proceed with a transfer of the shares to TeliaSonera, but a quick resolution of the ownership dispute is not to be expected. In March 2005, Cukurova agreed to sell all the remaining shares in Turkcell Holding to TeliaSonera for a cash consideration of USD 3.1 billion, which would have increased TeliaSonera's effective ownership to 64.3 percent in Turkcell from 37.3 percent. The recent award results from an arbitration proceeding in Geneva that
dmeurope.com Friday, August 07, 2009
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