Kabel Deutschland snaps up Tele Columbus

German cable operator Kabel Deutschland has entered into an agreement to acquire indebted regional player Tele Columbus for EUR603 million (USD769.6 million) plus accrued interest. The overall purchase price – equivalent to EUR618 million as of 31 December 2011 – will provide for repayment in full of the financial debt of Tele Columbus, which provides cable services to approximately 1.7 million customers predominantly in Berlin and in Eastern Germany, including the cities of Dresden, Magdeburg and Potsdam. Following a successful closing of the acquisition, which is subject to the approval of the Federal Cartel Office, most of Tele Columbus’s customers will be able to subscribe to Kabel Deutschland’s high speed internet products and new TV services for the first time, which according to Kabel Deutschland will help to strengthen the existing broadband infrastructure competition in Germany.* *TeleGeography’s GlobalComms Database states that roughly 100 creditors of Tele Columbus, including York Capital, Alcentra, GoldenTree Asset Management and the Bank of Ireland, took over the firm from Orion Cable (a subsidiary of Luxembourg-based investors Escaline) in a debt-for-equity swap in December 2009.

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OVETEL Kabel Deutschland snaps up Tele Columbus

Operators in Sierra Leone to be questioned over network quality

A government committee in Sierra Leone is to interview representatives from the country’s cellular operators over concerns of poor network performance.

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OVETEL Operators in Sierra Leone to be questioned over network quality

Time dotCom posts strong first quarter results

Time dotCom has posted revenues of MYR81.3 million (USD25.9 million) for the first quarter of 2011, up from MYR70.1 million year-on-year on the back of increased sales from data products and services within the Wholesale and Enterprise segments. Voice revenues slipped 1.1% to MYR18.2 million but this was more than offset by a 21.3% hike in data revenues to MYR62 million

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OVETEL Time dotCom posts strong first quarter results

Budapest approves new telecom tax law

The Hungarian parliament last Friday approved a new controversial tax on mobile communications in the country, to the concern of local operators which feel the industry is already labouring under the burden of the government’s so-called ‘crisis taxes’.

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OVETEL Budapest approves new telecom tax law

Mobily chooses Ericsson for EPC upgrade

The Saudi cellular and broadband internet provider Mobily has signed an agreement with Ericsson for an Evolved Packet Core (EPC) solution to support its 2G, 3G and 4G wireless networks, AME Info reports. The technology will support the growth of mobile broadband technology, new multimedia services and machine-to-machine (M2M) applications. Abdul Aziz Al Tamami, Mobily's chief operations officer, said: ‘The decision to adopt Ericsson's Evolved Packet Core solution was a natural progression for us.’

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OVETEL Mobily chooses Ericsson for EPC upgrade

PLDT signs WiMAX deal with Alvarion for metro Manila hotspot project

Filipino carrier Philippine Long Distance Telephone Company (PLDT) has signed a WiMAX equipment supply deal with Alvarion under which the vendor will deploy 3,000 hot spots in metro Manila and other major areas around the country, as part of the telco’s Wi-Fi Zone Project.

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OVETEL PLDT signs WiMAX deal with Alvarion for metro Manila hotspot project

Multimedia’s subscriber base and revenues grow, profits dip

Polish cableco Multimedia Polska has booked revenues of PLN162.95 million (USD47.9 million) for the first quarter of 2012, up 9.6% year-on-year from PLN148.66 million. Rising operating expenses offset the revenue growth, however, with net profits for the three months ended 31 March 2012 down to PLN18.71 million from PLN20.4 million in the corresponding period of 2011, whilst operating expenses rose by 12.7% to PLN127.04 million compared to PLN112.77 million a year earlier

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OVETEL Multimedia’s subscriber base and revenues grow, profits dip