January 4th, 2008
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A local newspaper reported that US telecom giant, AT&T, is interested in acquiring a stake in Telekom Malaysia unit, TM International. Late last year, Malaysia’s largest telecommunications group said it may bring in a foreign strategic partner for TM International.
Source: CNN Money
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January 3rd, 2008
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Sprint Nextel new CEO, Dan Hesse, steps down from his position in Nokia’s board of directors. As there is no mutual cooperation between the CDMA operator and largest GSM phonemaker, this announcement brings no surprise. Hesse’s challenge will be managing Sprint Nextel after merger and gaining the customer back in recent tough competition against other [...]
December 12th, 2007
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Emirate based telecommunication company, Etisalat, reported to buy 16% stake of XL, third largest Indonesia’s telecom company. Total price amounted US$ 438 million. Etisalat will obtain 1.13 billion shares of Rajawali Group, means that there will be no local stakeholder in XL. More than 60% shares are owned by Malaysian, Telecom Malaysia.
SHARETHIS.addEntry({ title: "Etisalat to [...]
December 12th, 2007
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As the domestic penetration dense up, operators may think to expand its business opportunities abroad. Korean largest telecom operator, KT, opens the road on expanding its business. KT CEO Nam Joong-soo says that the firm aims to build a “Silk Road” of the digital era with its broadband and mobile network technology.
SHARETHIS.addEntry({ title: "Korean’s KT [...]
i meant 3G
should be cheaper though…
