[ad_1] By Elvira Pollina MILAN: The completion of the sale of a majority stake in Italian telecoms firm Wind Tre’s telecoms grid is facing hurdles linked to separate network agreements…
Tag: telecom news
S.Africa’s Telkom to post up to 50% jump in interim profit on lower depreciation – ET Telecom
[ad_1] JOHANNESBURG: South Africa’s Telkom , the country’s third-biggest telecoms operator, said on Wednesday its interim profit could rise by almost 50%, led by lower depreciation and improved performance, sending…
Kenya’s Safaricom’s H1 core profit drops by nearly a fifth – ET Telecom
[ad_1] NAIROBI: Kenya’s biggest telecoms operator Safaricom reported on Thursday a 19.1% fall in its earnings before interest and taxes to 41.45 billion shillings ($273.51 million) for the first half…
New Verizon CFO Skiadas says company ‘on the right track’ – ET Telecom
[ad_1] FILE PHOTO: The Verizon logo is seen on the 375 Pearl Street building in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo By David Shepardson Verizon…
Juniper Networks to layoff 440 employees globally, incur $59 million cost – ET Telecom
[ad_1] NEW DELHI: US-based telecom gear maker Juniper Networks plans to lay off nearly 440 employees globally, incurring a cost of $59 million. Of this, severance and termination expenses will…
Italy’s state lender CDP names new CEO at broadband unit Open Fiber – ET Telecom
[ad_1] Representative image. MILAN: Cassa Depositi e Prestiti (CDP) has picked Giuseppe Gola as the new head of its broadband unit Open Fiber, the Italian state lender said on Thursday.…
Vodafone, unions reach agreement over 1,003 job cuts in Italy – ET Telecom
[ad_1] The British telecoms giant said the deal was aimed at transforming its Italian business model and containing the social impact of the redundancies, which cover almost a fifth of…
Sweden’s Telia to sell Danish unit to Denmark’s Norlys – ET Telecom
[ad_1] Stockholm: Swedish telecom operator Telia said Tuesday it had entered into an agreement to sell its Danish operations and assets, valued at 6.25 billion Danish kroner ($920 million), to…
Italy’s TIM network bidders prepare slightly higher offers – ET Telecom
[ad_1] By Elvira Pollina and Valentina Za MILAN: Bidders for Telecom Italia’s (TIM) landline grid are preparing to raise their offers of around 20 billion euros ($22 billion) by between…