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Telecompaper Headlines
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Business information about the telecom industry, an extensive overview of telecom-related articles
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LG to offer DLNA sharing on Optimus 7
(Telecompaper) LG Electronics is showcasing at the Ifa trade show in Berlin a new media-sharing service for its upcoming Optimus 7 mobile phone. The new technology makes it possible to share multimedia files on the Optimus 7 and all DLNA-compliant digital devices. This pre-installed feature allows users to send files directly from the phone's media galleries, without having to leave for another application. The phone will automatically display compatible devices in the same Wi-Fi zone and let users send media files such as photos, video and music wirelessly to the targeted device. The Optimus 7 will go on sale in the fourth quarter.
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TDC wins DKK 2.9 bln in arbitration case against TP
(Telecompaper) The Arbitration Tribunal in Vienna has issued a ruling in the case against Telekomunikacja Polska. TDC owns a 25 percent stake in Danish Polish Telecommunications Group (DPTG), which is part of Telekomunikacja Polska. The dispute concerns the determination of traffic volumes carried via the NSL fibre optical telecommunications system in Poland. DPTG is entitled to 14.8 percent of the net profits from NSL during the period 1994 to mid-2004. The current ruling awards DPTG around DKK 2.9 billion, of which TDC will receive DKK 0.7 billion. The amount corresponds to DKK 0.5 billion after tax. TDC said the effect will be recognized in the statement of income under special items related to income from joint ventures and associates in the third quarter.
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Orange, T-Mobile offer joint roaming in UK
(Telecompaper) Orange and T-Mobile customers in the UK will be able to roam across both networks from 5 October, Everything Everywhere CEO Tom Alexander announced. Customers who sign up for access to both networks will benefit free of charge, with no changes to their existing tariffs or call or text charges. Once registered, should a customer lose signal on their existing network, they will then automatically pick up the signal from the other network where it's available. Users will be asked to opt-in to the new service for the time being as the networks handle around 1,600 different handsets and some devices may have problems with the service. However, from the beginning of 2011, the roaming service will become automatic. Alexander said that Everything Everywhere would use the period between 5 October and the end of the year to gauge customer reactions to the service. The launch will backed by an advertising campaign from both Orange and T-Mobile. Alexander described the adverts as "'a dialogue between the brands." The adverts will also begin to introduce the Everything Everywhere brand using the tag line: Inspired by Everything Everywhere.
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RCom abandons GTL Infra deal
(Telecompaper) Indian mobile operator Reliance Communications has abandoned its plan to create a mobile infrastructure company with GTL Infrastructre. The two announced an agreement in June to merge Reliance Infratel's tower assets into GTL Infra, creating a company with more than 80,000 towers. However, RCom said that it failed to reach a definitive agreement with GTL on the transaction. The company could not comment on the reasons for dropping the deal. As a result, Reliance said it's in talks with other strategic and financial investors. RCom is looking to raise cash to reduce its debt and finance expansion. The company owns 95 percent of Reliance Infratel.
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Private equity groups line up Polkomtel bids
(Telecompaper) Private equity groups are lining up EUR 4 billion leveraged buy-out bids for Polish mobile operator Polkomtel, in which Vodafone owns a stake of almost 25 percent. Apax Partners, Blackstone, TPG and CVC Capital Partners are among the big private equity groups working on potential bids for Polkomtel, which is expected to start a sale process as early as next month, the Financial Times writes. The mobile operator is thought to be unlikely to attract interest from large European telecommunications groups. Blackstone and TPG are working on a joint bid for Polkomtel, according to the paper. The company is likely to be valued at about six times EBITDA, which fell 14 percent to PLN 2.7 billion last year. Vodafone has made no decisions on whether to sell but people familiar with the UK group said it was willing to exit if an appropriate offer was made. While Vodafone could retain its stake, it is unlikely to exercise a right of first refusal that would enable it to buy out Polkomtel's other shareholders. Four state-controlled Polish companies – energy group PGE, copper miner KGHM, oil company PKN Orlen, and coal trader Weglokoks – own slightly more than 75 percent of Polkomtel. They have been talking for years about selling their Polkomtel stakes and recently appointed advisers as some need to fund investment plans.
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