Telecoms finance

KKR to bid for Telecom Italia in massive private equity deal

ITOP OF TALIAN Finance typically begins to wind down for the year in the first week of December, when Milan, the country’s economic capital, celebrates Ambrose, its patron saint. This is not the case this year. During the weekend, a new file fell in the bin of Mario Draghi, the …

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Taiwan plans chip cooperation with Eastern European countries, Telecom News, ET Telecom

TAIPEI: Taiwan plans to cooperate with three Eastern European countries on semiconductors, a minister said on Thursday, a move likely to be favored by Brussels which is courting Taiwanese semiconductor companies to manufacture in the block. The Taiwan Technology Powerhouse, home to companies such as Taiwan Semiconductor Manufacturing Co Ltd …

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Europe Mobile Broadband Markets, Trends and Opportunities Report 2021-2026

DUBLIN, November 23, 2021– (COMMERCIAL THREAD)–The “Trends and opportunities of the mobile broadband market in Europe until 2026” the report was added to ResearchAndMarkets.com offer. The report provides an executive-level overview of the mobile broadband market in Europe. It provides quantitative and qualitative insights into the mobile market, analyzing key …

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US fund targets Telecom Italia – Business & Finance

ROME: Italian operator Telecom Italia (TIM) called an extraordinary board meeting on Sunday after receiving an expression of interest from US private equity fund KKR for the entire company, said a source close to the file. KKR already owns a 37.5% stake in FiberCop, a joint venture with TIM and …

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The unwanted electronic direct debit policy of the government – Chambre des Télécoms

Ghana Chamber of Telecommunications Director General Ken Ashigbey said the introduction of the 1.75% tax on electronic financial transactions was inappropriate. He said the chamber was not consulted by the government on the proposal until the announcement was made in parliament on Wednesday, November 17, 2021. “When we got this …

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Lowest bonuses in 8 years: survey

VIRUS EFFECT: The 104 Job Bank survey found that bonuses in financial firms would equal 1.84 months of salary, but 1.1 months in most firms. By Crystal Hsu / Journalist End-of-year bonuses will likely be the lowest in eight years, according to a survey released yesterday by 104 Job Bank …

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Telecommunications companies demand tax cuts

BY COMMERCIAL REPORTERCALLS are growing for the government to revise the taxes and duties levied on the telecommunications sector to enable the sector to overcome the sustainability challenges it faces. It comes after the parliamentary ICT portfolio committee, which visited Econet Wireless’ facilities in Harare this week, learned of the …

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Kenya’s Safaricom Boosts Profits With Return Of Mobile Money Fees

(Bloomberg) – Bloomberg’s Most Read Safaricom Plc’s first-half profit surged as the company reinstated fees on mobile money transfers and its customer base increased, chief executive Peter Ndegwa told investors on Wednesday. Africa’s second-largest company by market value said its net income increased 12% to 37.1 billion shillings ($ 332 …

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Granahan McCourt sells his stake in Sports Media Business Dugout

Media investor and Emmy Award winner David McCourt has helped grow “the only company to rethink sports content” NEW YORK, November 8, 2021 / PRNewswire / – Capital Granahan McCourt, global investors in technology, media and telecommunications, today announced a successful exit from the sports media sector Canoe. Granahan McCourt …

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African fintechs compete for domination

November 6, 2021 TIT PAYMENTS the frenzy is going global and Africa is catching the virus. So far this year, four of the continent’s FinTech companies have reached or surpassed valuations of $ 1 billion, more than doubling Africa’s “unicorn” population. OPay, a mobile payment company, acquired its horn in …

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