China: Merger of telecom giants in the works

China: Merger of telecom giants in the works

The Chinese government is exploring a merger of two of the nation’s top wireless carriers to speed up the development of 5G mobile services, Bloomberg reported on Tuesday, September 4. The merger, would see state-controlled China Unicom merged with China Telecom, creating a combined carrier with a market capitalization of over US$70 billion. The new […]

India: Bharti wins approval to create nation’s largest telecom

India: Bharti wins approval to create nation’s largest telecom

Bharti Infratel, the tower arm of leading telecom operator Bharti Airtel, revealed in a filing that its merger with Indus Towers to form the largest tower company of the country had received approval from the Securities and Exchange Board of India (SEBI). Both the companies will now proceed to the National Company Law Tribunal (NCLT) […]

Germany: Telecom regulator head going after Google, Facebook

Germany: Telecom regulator head going after Google, Facebook

Jochen Homann, the president of Germany’s telecom regulator Bundesnetzagentur, is going after Google and Facebook, contending that their messaging and email services should face the same regulation as telecom companies in the country. In an interview with the Financial Times, Homann said that with the lines between telecom providers and web-based services getting blurred there […]

Argentina: Telecoms mega-merger given green light

Argentina: Telecoms mega-merger given green light

Telecom Argentina picked up approval from competition regulators for a merger with cable TV company Cablevision, creating a new leader in converged telecom and media services, although conditions have been imposed. After a ten-month review, the Comision Nacional Defensa de la Competencia said it imposes obligations and makes recommendations on four levels: divestments; commercial offers; […]

India: Telecom department seeking legal opinion on Vodafone-Idea merger

India: Telecom department seeking legal opinion on Vodafone-Idea merger

India’s Department of Telecommunications (DoT) is seeking legal opinions on the Vodafone-Idea Cellular merger in respect to Vodafone’s administratively allocated spectrum holdings, according to CNBC. Industry sources said the issue now is that, with Vodafone being acquired by Idea, whether DoT should raise the demand on Idea Cellular of the differential amount. The DoT is […]

Italy: Possible collusion ordered to stop

Italy: Possible collusion ordered to stop

Italy’s antitrust authority has ordered Telecom Italia, Wind Tre, Vodafone Italia and Fastweb to halt any possible collusion over billing practices, pending the conclusion of its investigation. The authority is in the middle of an ongoing probe into the operators’ actions following the banning of 28-day bills and has already carried out inspections into whether […]

India: Telecoms Regulator, CCI fights for its rights of jurisdiction in Supreme Court

India: Telecoms Regulator, CCI fights for its rights of jurisdiction in Supreme Court

India’s telecom regulator and its antitrust watchdog Competition Commission of India (CCI) are locked in a showdown in the Supreme Court, with both laying claim to jurisdictional rights on anticompetitive issues related to telecoms. The Telecom Regulatory Authority of India (Trai) filed an application of intervention before the apex court last week, saying it has […]

Hong Kong: Hutchison selling off fixed-line unit

Hong Kong: Hutchison selling off fixed-line unit

On Wednesday Hutchison Telecommunications Hong Kong Holdings Ltd said that it is in negotiations for the sale of its fixed-line telecom holdings. Hutchison said that there have been no legally binding agreements yet and that various parties are still involved in the negotiations. Trading of the company’s shares were stopped late morning on July 26, […]

US: Officials in Time-Warner merger discussions with AT&T

US: Officials in Time-Warner merger discussions with AT&T

Sources familiar with the situation have reported that US antitrust officials have started talking with both Time Warner and AT&T to discuss possible merger conditions. These talks indicate that the months-long review of how the merger would change the media industry has nearly come to an end. Though US regulators often block horizontal mergers, vertical […]

India: Regulator approves Vodafone’s US$23b merger

India: Regulator approves Vodafone’s US$23b merger

The Competition Commission of India has given its approval for the merger of Vodafone Group Plc’s India unit with Idea Cellular for US$23 billion. The merger to create India’s largest telecom company was agreed to in March of this year, but the companies have has been waiting for regulators’ approval. The merger was triggered by […]

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