Shares in 1&1 Drillisch soar after Germany 5G auction

[ad_1] FRANKFURT, June 13 (Reuters) – Shares in 1&1 Drillisch surged on Thursday after it won spectrum in Germany’s 5G mobile auction that ensured its position as a new fourth…

Exclusive: France’s Orange withdraws from process to buy stake in Ethio Telecom

[ad_1] NAIROBI, Nov 27 (Reuters) – French telecoms firm Orange (ORAN.PA) told Reuters on Monday that it had decided to withdraw from the process to purchase an up to 45%…

OpenAI appoints ex-Twitch boss as interim CEO; Altman joins Microsoft

[ad_1] [1/3]Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights SAN FRANCISCO,…

Italy’s Wind Tre grid sale hits snag over network deals with rivals

[ad_1] Third party agreements hinder Wind Tre grid sale to EQT- sources Deal values Wind Tre’s telecoms grid at 3.4 bln euros Deadline for completion extended to next February Italian…

Ousted OpenAI CEO Altman planning new AI venture, sources say

[ad_1] Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing…

Vodacom profit hit by Ethiopia losses but Egypt lifts revenue

[ad_1] A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights Half year HEPS down 4.2% Ethiopia business to breakeven in 2026…

Sweden’s EQT takes majority stake in Italy’s Wind Tre telecoms grid

[ad_1] May 12 (Reuters) – Sweden’s EQT Infrastructure will take a majority stake in Wind Tre’s Italian telecoms network after agreeing a deal with Hong Kong’s CK Hutchison (0001.HK) valuing…

Explainer: Why are European telecom firms selling assets?

[ad_1] View of high-tension electrical power line near a mobile telecom transmitter relays and antenna in Golfech, France, April 23, 2016. REUTERS/Regis Duvignau/File photo Acquire Licensing Rights STOCKHOLM, Oct 31…

SoftBank Corp raises $800 mln through Japan’s first listing of bond-type shares

[ad_1] SoftBank Corp’s incoming Chief Executive Officer Junichi Miyakawa attends a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights TOKYO, Nov 2 (Reuters) –…

US investment banks see early signs of revival in dealmaking

[ad_1] Peter Orszag, CEO of Financial Advisory, Lazard, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing Rights…