Asia-Pacific – Page 14
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Financial & PerformanceVi nears funding target as state equity conversion looms
Cash-strapped Indian joint venture closes in on INR 200bn fundraising target.
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Network & Infrastructure5G auction finally going ahead in India
Set to commence after two-year delay.
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PremiumVi CEO promises better times ahead
Takkar talks effusively of “positive catalysts” for Vodafone’s Indian JV.
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PremiumElsewhere in Vodafone Associates & JVs: TIM to merge fixed network with Open Fiber
TIM agrees to merge fixed network with Open Fiber with support from private equity players; Australian competition authority to rule on whether TPG–Telstra network-sharing deal can go ahead in autumn 2022.
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PremiumElsewhere in Vodafone Partner Markets: A1 Telekom snaps up STEMO
Canadian competition authority rejects Rogers–Shaw mega-merger; Vodafone New Zealand takes full control of retail stores JV.
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Network & InfrastructureVodafone NZ targets independence with SAP integration
New Zealand operator and Vodafone Partner Markets ally flags SAP cloud solutions migration.
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Partnerships & Alliances1NCE links up with SoftBank on Asia-Pacific push
DT spinout’s exclusive regional distribution deal provides another layer to German group’s flourishing romance with SoftBank.
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InterviewRakuten Symphony turns up the volume in Europe
After setting up shop in France, Germany, and the UK, Symphony puts out welcome mat for software companies to join its Symworld marketplace.
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InterviewRakuten Symphony woos European startups
TelcoTitans interviews Geoff Hollingworth, Chief Marketing Officer at Rakuten Mobile’s next-gen cloud connectivity platform spinout. After setting up shop in France, Germany, and UK, Symphony puts out welcome mat for software companies to join its Symworld marketplace.
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Strategy & ChangeTeoh tipped to flee TPG once escrow period ends
Operator’s main shareholders Vodafone and Hutchison free to sell shares after 12 July. So too is founder David Teoh, seen likely to up sticks first. Morgan Stanley analyst doesn’t foresee same share price carnage as when Teoh sold 3% stake last December.
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Partnerships & AlliancesVi mulls exit from Wi-Fi joint venture
Indian operator goes cool on Firefly joint venture with Airtel, set up in 2015.
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M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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OperationsIndus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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PremiumElsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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Network & InfrastructureBT welcomes “quantum revolution” with network launch
Quantum-secured metro network connects London offices, enabling quantum key distribution and management in partnership with Toshiba. EY named first commercial customer; revenue expected within 18 months. BT CTO Watson says quantum race is on, and UK is well placed. Believes quantum will become an “integral part” of country’s economic ...
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OperationsTPG cleared to separate wholesale and retail operations
Australian Competition and Consumer Commission greenlights ‘joint functional separation’ of the subsidiaries from 7 October 2022. Regulator believes the move will enhance competition in both segments. TPG is looking to create a new fibre-to-the-building (FTTB) wholesale business.
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Venturing & InvestmentsVodafone increases Vi stake
Group outlines commitment to struggling JV, upping its holding by 3.2%. Investment arrives via Vodafone subsidiary Prime Metals in a vital period for Vi. Further cash injections mooted amid government takeover.
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PremiumVodafone people moves: Vi actions Digital shake-up
Indian operator Vi sees Chief Digital Officer Jain exit ahead of Consumer Digital function refresh. Operations and skills transformation appointments made at Group-level. Italy’s INWIT JV names Technology and Planning leads in senior changes. TechCo transition takes hold at Vodafone Italy. Fintech vertical in the spotlight at Safaricom on ...
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PremiumElsewhere in Vodafone Associates & JVs: United Internet making moves in Germany
United Internet steps up network launch; TI opens KKR talks.
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PremiumVi poised to swap out Huawei 4G for Nokia
News signals desire for distance from Chinese vendor. 5G trials underway with Ericsson and Nokia. Details for long-delayed 5G auction expected soon.