OSLO, Norway-Telenor Mobile and Sun Microsystems Inc. have agreed to develop new mobile Internet services. The agreement specifically involves development of an electronic organizer/calendar with combined Web and Wireless Application …
Telenor
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DUBLIN, Ireland-Ireland’s Esat Telecom said it is in talks with third parties about a competing takeover bid to counter a $1.9 billion hostile takeover attempt by Norway’s Telenor AS. The …
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Mergers and acquisitions are proliferating worldwide, with the strongest mark being made in Western Europe. Carriers are scrambling to maintain their footholds, while looking to the next potential market investment. …
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OSLO, Norway-The $47 billion merger between Norway’s Telenor and Sweden’s Telia has been canceled. Neither the governments nor the two state telecom companies will claim any compensation from the dissolution. …
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NEW YORK-Newtel AB, formed by the merger of Sweden’s Telia AB and Norway’s Telenor AS, announced Dec. 7 it will not sweeten its hostile cash bid of $1.59 billion to …
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DUBLIN, Ireland-Newtel AB, the newly formed company resulting from the merger of Telia AB of Sweden and Telenor AS of Norway, has launched a hostile bid for Ireland’s Esat Telecom, …
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THE HAGUE, The Netherlands-KPN Telecom of the Netherlands and Telia of Sweden announced they will sell their stakes in Eircom, the Irish telecom operator that owns Eircell, Ireland’s largest wireless …
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BUCHAREST, Romania-A subsidiary of Canada’s Telesystem International Wireless (TIW) won the third Czech Republic mobile telephone license in September. The price tag for the GSM 1800 license was fixed at …
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During the last five weeks, merger and acquisition announcements have flooded the telecommunications arena. Carriers in Asia, Europe and North America continue to jockey for positions in an industry that …
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OSLO-Newly merged Telenor and Telia agreed to acquire a 30-percent stake in DiGi Swisscom Berhad, a Malaysian telecommunications group that operates a Global System for Mobile communications 1800 MHz network, …
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Mannesmann AG, parent of Germany’s top mobile communications company, confirmed last week it made a bid to buy U.K. mobile carrier Orange plc, which Orange’s largest shareholder accepted. The bid …
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OSLO, Norway-Telenor Satellite Services AS launched Inmarsat M4 service, a new global area network for multimedia applications that will improve the data transfer capabilities and the mobility of remote communication, …
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Scandinavia As expected, the European Commission approved the merger of Telia of Sweden and Telenor of Norway. To secure the approval, the two companies have consented to sell their cable …
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British Telecommunications plc and Microsoft Corp. announced they have agreed to work together in developing mobile Internet and multimedia applications and equipment. Specifically, the two said they intend to develop …
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LONDON-British Telecommunications plc and Microsoft Corp. announced a wireless Internet trial with about 1,000 mobile phone users in the United Kingdom and Norway. Users will be able to access Microsoft …
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NEW YORK-North American telecommunications carriers rank below manufacturing, consumer products and financial services companies in their adoption of Internet-enabled enterprises, concluded a recent report of American Management Systems, Fairfax, Va. …
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HELSINKI-Nokia Corp. announced it won a contract from Telenor Mobil in Norway to provide a General Packet Radio Service core network pre-release solution. The system will be used for Telenor’s …
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Albania In the country’s largest move to privatize to date, the Albanian Privatization Ministry said it is prepared to sell between 51 percent and 85 percent of Albanian Mobile Communications, …
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Aeris Aeris Communications Inc. added to its senior management team, naming Peter F. Stone chief financial officer and Patricia E. Hart vice president and general counsel. Aeris also announced Douglas …
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France France Telecom said it signed a partnership agreement with the Sonae group in Portugal. The two already have a working relationship as stakeholders in Optimus, the third mobile operator …
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Western Wireless Corp. reported revenues for the second quarter ended June 30 of $136.6 million, an increase from the $98.4 million reported the same time the previous year. The company …
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Pannon GSM Tavkozlesi RT, Budapest, Hungary, was expected last week to place privately about $123 million in euro-denominated bonds it plans to use to refinance outstanding debt. Pannon, which operates …
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Olivetti ultimately prevailed in the takeover attempt of Telecom Italia, with 52 percent of Telecom Italia shareholders voting to accept Olivetti’s offer instead of Telecom Italia’s defense plan centered around …
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Nine global wireless companies formed a focus group, called 3G.IP, to promote an Internet Protocol-based wireless system for third-generation technology. The group comprises AT&T, British Telecom, Rogers Cantel, Ericsson, Lucent, …
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Albania Albania said it plans to issue a public tender to sell a majority stake in Albanian Mobile Communications, the sole cellular provider in the country. The government also plans …