Telefonica confirms PT’s Vivo stake acquisition

Telefonica confirms PT’s Vivo stake acquisition
(Telecompaper) Telefonica has reached an agreement with Portugal Telecom to acquire its 50 percent stake in Brasilcel, the company that controls 60 percent of Brazilian mobile operator Vivo. Telefonica did not disclose financial terms of the acquisition in its statement to the stock market. The Portugal Telecom and Telefonica boards will meet 28 July to approve the operation. Earlier reports in the Spanish press suggested a price tag of EUR 7.5 billion for PT’s stake, better than Telefonica’s last offer of EUR 7.15 billion.[Lees verder]

Telefonica buys PT’s Vivo stake for EUR 7.5 bln – report
(Telecompaper) Telefonica has reached an agreement with Portugal Telecom to buy its 50 percent stake in Brasilcel, the company that controls Brazilian mobile operator Vivo, for EUR 7.5 billion, El Pais reports, citing sources familiar with the negotiations. According to the same sources, the agreement has the approval of the Portuguese government led by prime minster Jose Socrates. Portugal Telecom plans to use half of the EUR 7.5 billion amount to acquire a 20-25 percent stake in Brazilian operator Oi. Both transactions are expected to be officially announced on 28 July, the sources added.[Lees verder]

Pacnet, Pacific Fibre to jointly build undersea cable
(Telecompaper) Asian telecommunications service providers Pacnet and Pacific Fibre plan to jointly build the Pacific Fibre cable, a subsea fibre-optic cable that will boost connectivity between Australia, New Zealand and the US. The total project cost of the new cable is estimated at USD 400 million, and comprises at least two fibre pairs with 64 wavelengths per fibre pair. The cable is expected to have a capacity of up to 5.12 Tbps, and will be further upgradeable to beyond 12 Tbps with future 100 Gbps per wavelength technology. The 13,600 km cable will land in Sydney, Auckland and Los Angeles. The new cable will be built on a partnership model that allows Pacnet and Pacific Fibre to each own and operate a fibre pair on the new cable system, but share responsibility for the cable supply contract as well as operations and maintenance costs. Pacnet and Pacific Fibre will begin the process of selecting a vendor to build the new cable shortly. The new cable is expected to be ready for service in 2013.[Lees verder]

Hutchison launches converged brand in Hong Kong
(Telecompaper) Hutchison Telecommunications has incorporated the residential fixed-line service provided by subsidiary Hutchison Global Communications into its mobile brand 3. The service, comprising residential broadband, residential telephone and IDD 0080, has been integrated with 3 Hong Kong’s mobile and Wi-Fi wireless internet access services to form a new brand: 3ree Broadband. The company has kicked off a major advertising campaign to promote the launch of the new brand. The first service launched under the 3ree Broadband brand is a 100 Mbps residential broadband service for HKD 99 per month, which also comes with free Wi-Fi access. To promote the new service, new subscribers will get either six months of free broadband service, or 30 months of free residential telephone line service. Furthermore, new customers, or existing customers registering their details, will get a 3 handset coupon for HKD 300.[Lees verder]

Mobile app platforms WAC, JIL agree to merge
(Telecompaper) The Wholesale Applications Community (WAC) has formed itself into a corporate entity and merge with the Joint Innovation Lab. Formed in February, WAC unites 24 major operators in building an open platform for mobile applications. The Joint Innovation Lab is a mobile internet services initiative started in 2008 by Softbank, Vodafone and China Mobile. The transaction is expected to be completed in September. Peter Suh, the CEO of the JIL, will head the new company. The company also announced that Vodafone chief executive Europe Michel Combes has been elected chairman of WAC, and France Telecom deputy CEO Jean-Philippe Vanot has been named as vice chairman. In addition the WAC board of directors includes AT&T CTO John Donovan, China Mobile VP Li Zhengmao, Deutsche Telekom CTO Olivier Baujard and other executives from companies like GSMA, KT, NTT Docomo, SK Telecom, Smart Communications, Verizon and more. At launch, WAC will allow operators to distribute applications through their respective application storefronts and charge users through their existing phone bill. In this model, developers will set the application price and will receive a revenue share for the transaction. The revenue share will be defined on an operator-by-operator basis. WAC is a not-for-profit organisation and will receive a small transaction fee for each application to cover its operating costs. In the future, WAC will offer business models that enable additional purchases from within an application, using network features, such as location, to enhance an application and enable the serving of advertisements to end users. WAC will publish its initial specification and components of its SDK to developers in November. This specification will be based on W3C standards, providing a platform for developing rich mobile web applications. WAC will also provide backwards compatibility for devices based upon the current JIL and Bondi specifications. Details of the developer roadmap and a preview of the WAC specifications will be available in September. Developers currently creating JIL applications can continue working with the existing JIL specification, tools and software libraries and these applications can be deployed on JIL based devices immediately.[Lees verder]

HTC launches branded phones in China
(Telecompaper) HTC introduced its brand and the first HTC-branded devices on the Chinese mainland. HTC also announced a partnership with China Mobile to bring future HTC phones to market and announced a new distribution partnership with Chinese electronics distributor GOME Electrical Appliances Holding. HTC’s entry into China represents its continued growth and highlights the broad demand for its smartphones and the increased visibility of its brand globally, the Taiwan-based company said. HTC has been partnering mobile operators in China since 2003 and has delivered many smartphones in China. HTC said it’s devoted to developing TD-SCDMA-based phones, the first wireless standard in China.[Lees verder]

Claro, Telmex to merge operations in Chile – report
(Telecompaper) Telmex and Claro plan to merge their operations in Chile under a single company in August. However, America Movil Chile has not decided on the brand name under which it will operate in Chile, Diario Financiero reports, citing sources familiar with the merger process. The measure follows America Movil’s recent acquisition of 93.56 percent of Telmex Internacional (Telint), and 99.44 percent of Carso Global Telecom in a move by billionaire Carlos Slim to consolidate his telecommunications holdings. Eduardo Diaz Corona will take over the position of president of America Movil’s Chile operations. Diaz Corona previously served as Telmex Chile’s vice chairman of the board and CEO. Following the completion of the integration process, America Movil’s merged operations in Chile will provide fixed and mobile telephony, pay-TV and fixed and mobile internet services.[Lees verder]

Yahoo! Japan signs search agreement with Google
(Telecompaper) Yahoo! Japan reported revenues for the fiscal first quarter to 30 June up 4.2 percent from a year earlier to JPY 70.51 billion. Operating profit at the Softbank subsidiary improved 9.8 percent to JPY 37.6 billion thanks to a focus on lower costs, and net profit rose 12.6 percent to JPY 21.6 billion. The internet company said it saw growth in display and listing advertising, and listing services and Yahoo Shopping also contributed to the growth in revenues. Shopping was helped by targeted campaigns for mobile phone users, as well as the alliance with China’s Taobao. Separately Google Japan announced that it has agreed to provide search services for Yahoo Japan. Google supplied the site already in 2001-4 and has signed a new non-exclusive agreement with the company. Yahoo Japan will continue to handle its own advertising sales.[Lees verder]

Telefonica confirms PT’s Vivo stake acquisition
(Telecompaper) Telefonica has reached an agreement with Portugal Telecom to acquire its 50 percent stake in Brasilcel, the company that controls 60 percent of Brazilian mobile operator Vivo. Telefonica did not disclose financial terms of the acquisition in its statement to the stock market. The Portugal Telecom and Telefonica boards will meet 28 July to approve the operation. Earlier reports in the Spanish press suggested a price tag of EUR 7.5 billion for PT’s stake, better than Telefonica’s last offer of EUR 7.15 billion.[Lees verder]

Telefonica buys PT’s Vivo stake for EUR 7.5 bln – report
(Telecompaper) Telefonica has reached an agreement with Portugal Telecom to buy its 50 percent stake in Brasilcel, the company that controls Brazilian mobile operator Vivo, for EUR 7.5 billion, El Pais reports, citing sources familiar with the negotiations. According to the same sources, the agreement has the approval of the Portuguese government led by prime minster Jose Socrates. Portugal Telecom plans to use half of the EUR 7.5 billion amount to acquire a 20-25 percent stake in Brazilian operator Oi. Both transactions are expected to be officially announced on 28 July, the sources added.[Lees verder]

Pacnet, Pacific Fibre to jointly build undersea cable
(Telecompaper) Asian telecommunications service providers Pacnet and Pacific Fibre plan to jointly build the Pacific Fibre cable, a subsea fibre-optic cable that will boost connectivity between Australia, New Zealand and the US. The total project cost of the new cable is estimated at USD 400 million, and comprises at least two fibre pairs with 64 wavelengths per fibre pair. The cable is expected to have a capacity of up to 5.12 Tbps, and will be further upgradeable to beyond 12 Tbps with future 100 Gbps per wavelength technology. The 13,600 km cable will land in Sydney, Auckland and Los Angeles. The new cable will be built on a partnership model that allows Pacnet and Pacific Fibre to each own and operate a fibre pair on the new cable system, but share responsibility for the cable supply contract as well as operations and maintenance costs. Pacnet and Pacific Fibre will begin the process of selecting a vendor to build the new cable shortly. The new cable is expected to be ready for service in 2013.[Lees verder]

Hutchison launches converged brand in Hong Kong
(Telecompaper) Hutchison Telecommunications has incorporated the residential fixed-line service provided by subsidiary Hutchison Global Communications into its mobile brand 3. The service, comprising residential broadband, residential telephone and IDD 0080, has been integrated with 3 Hong Kong’s mobile and Wi-Fi wireless internet access services to form a new brand: 3ree Broadband. The company has kicked off a major advertising campaign to promote the launch of the new brand. The first service launched under the 3ree Broadband brand is a 100 Mbps residential broadband service for HKD 99 per month, which also comes with free Wi-Fi access. To promote the new service, new subscribers will get either six months of free broadband service, or 30 months of free residential telephone line service. Furthermore, new customers, or existing customers registering their details, will get a 3 handset coupon for HKD 300.[Lees verder]

Mobile app platforms WAC, JIL agree to merge
(Telecompaper) The Wholesale Applications Community (WAC) has formed itself into a corporate entity and merge with the Joint Innovation Lab. Formed in February, WAC unites 24 major operators in building an open platform for mobile applications. The Joint Innovation Lab is a mobile internet services initiative started in 2008 by Softbank, Vodafone and China Mobile. The transaction is expected to be completed in September. Peter Suh, the CEO of the JIL, will head the new company. The company also announced that Vodafone chief executive Europe Michel Combes has been elected chairman of WAC, and France Telecom deputy CEO Jean-Philippe Vanot has been named as vice chairman. In addition the WAC board of directors includes AT&T CTO John Donovan, China Mobile VP Li Zhengmao, Deutsche Telekom CTO Olivier Baujard and other executives from companies like GSMA, KT, NTT Docomo, SK Telecom, Smart Communications, Verizon and more. At launch, WAC will allow operators to distribute applications through their respective application storefronts and charge users through their existing phone bill. In this model, developers will set the application price and will receive a revenue share for the transaction. The revenue share will be defined on an operator-by-operator basis. WAC is a not-for-profit organisation and will receive a small transaction fee for each application to cover its operating costs. In the future, WAC will offer business models that enable additional purchases from within an application, using network features, such as location, to enhance an application and enable the serving of advertisements to end users. WAC will publish its initial specification and components of its SDK to developers in November. This specification will be based on W3C standards, providing a platform for developing rich mobile web applications. WAC will also provide backwards compatibility for devices based upon the current JIL and Bondi specifications. Details of the developer roadmap and a preview of the WAC specifications will be available in September. Developers currently creating JIL applications can continue working with the existing JIL specification, tools and software libraries and these applications can be deployed on JIL based devices immediately.[Lees verder]

HTC launches branded phones in China
(Telecompaper) HTC introduced its brand and the first HTC-branded devices on the Chinese mainland. HTC also announced a partnership with China Mobile to bring future HTC phones to market and announced a new distribution partnership with Chinese electronics distributor GOME Electrical Appliances Holding. HTC’s entry into China represents its continued growth and highlights the broad demand for its smartphones and the increased visibility of its brand globally, the Taiwan-based company said. HTC has been partnering mobile operators in China since 2003 and has delivered many smartphones in China. HTC said it’s devoted to developing TD-SCDMA-based phones, the first wireless standard in China.[Lees verder]

Claro, Telmex to merge operations in Chile – report
(Telecompaper) Telmex and Claro plan to merge their operations in Chile under a single company in August. However, America Movil Chile has not decided on the brand name under which it will operate in Chile, Diario Financiero reports, citing sources familiar with the merger process. The measure follows America Movil’s recent acquisition of 93.56 percent of Telmex Internacional (Telint), and 99.44 percent of Carso Global Telecom in a move by billionaire Carlos Slim to consolidate his telecommunications holdings. Eduardo Diaz Corona will take over the position of president of America Movil’s Chile operations. Diaz Corona previously served as Telmex Chile’s vice chairman of the board and CEO. Following the completion of the integration process, America Movil’s merged operations in Chile will provide fixed and mobile telephony, pay-TV and fixed and mobile internet services.[Lees verder]

Yahoo! Japan signs search agreement with Google
(Telecompaper) Yahoo! Japan reported revenues for the fiscal first quarter to 30 June up 4.2 percent from a year earlier to JPY 70.51 billion. Operating profit at the Softbank subsidiary improved 9.8 percent to JPY 37.6 billion thanks to a focus on lower costs, and net profit rose 12.6 percent to JPY 21.6 billion. The internet company said it saw growth in display and listing advertising, and listing services and Yahoo Shopping also contributed to the growth in revenues. Shopping was helped by targeted campaigns for mobile phone users, as well as the alliance with China’s Taobao. Separately Google Japan announced that it has agreed to provide search services for Yahoo Japan. Google supplied the site already in 2001-4 and has signed a new non-exclusive agreement with the company. Yahoo Japan will continue to handle its own advertising sales.[Lees verder]

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