Tag

PROXIMUS

Browsing

TIM, Telefonica and Claro take over Brazil’s Oi mobile assets in $3.2 billion bid On Monday, TIM Participacoes, Telefonica Brasil SA and America Movil SAB de CV’s Claro won an auction to acquire the mobile operations of Brazil’s Oi SA with a joint bid of $3.23 billion. According to the announcement, TIM will be taking over 40% of Oi’s customers (around 14.5 million people), more than half of the company’s spectrum allocation (49 MHz), and 49% of its mobile sites (around 7,200 locations). As a result, it paid the largest portion of the bid, around $1.44 billion. For $1.08 billion, Telefonica is gaining 10.5 million customers, 43 MHz of spectrum, and 2,700 mobile sites. Claro’s $710 million gained the company around 11.6 million customers and 4,700 mobile sites, but no spectrum. TIM, Telefonica and Claro have also offered Oi a long-term contract to rent its telecom infrastructure. Read more at…

Proximus Group, Belgium’s largest telecommunications company, has announced the acquisition of Mobile Vikings, a youth-oriented mobile virtual network operator (MVNO), from DPG Media for $158 million. In its report, Proximus stated that Mobile Vikings, which employs around 80 people, would act as a separate entity if the transaction were to be completed, as it is subject to approval by the Belgian Competition Authority. The transaction, which is expected to close next year, will give the current Belgian company around 335,000 additional customers. Proximus would also acquire Jim Mobile, which is part of the Mobile Vikings entity, as part of the transaction. According to the Belgian company, acquiring the Mobile Vikings was in fulfilment of its strategy up to 2022, which aims to open up opportunities in additional market segments and optimize its position in the residential sector. In purchasing Mobile Vikings,  the company considered factors such as  network…

The World Economic Forum Centre for Cybersecurity, in cooperation with leading Internet service providers (ISPs) and multilateral organizations around the world, have developed new Internet security principles to help protect up to one billion consumers in 180 countries. According to the World Economic Forum’s Global Risks Report 2019, the impact of indiscriminate malicious activity on the Internet can be significant and will carry an estimated global price tag of USD 6 trillion in 2021. The new cybersecurity principles have been endorsed by BT, Deutsche Telekom, Du Telecom, Global Cyber Alliance, Korea Telecom, Proximus, Saudi Telecom, Europol, Singtel, Telstra, Internet Society, and the ITU. It is stated that ISPs are a critical community that have the ability to protect consumers against cybersecurity threats and therefore have a significantly positive impact on their safety. Amy Jordan, Delivery Lead, Platform for Shaping the Future of Cybersecurity and Digital Trust, World Economic Forum, said, “Cybersecurity…

Telecommunications equipment supplier World Telecom Labs (WTL) and a mobile virtual network operator Edpnet, have announced that the first all-VoIP network in Belgium is now live, enabling businesses to benefit from high-quality and cost effective voice services. It is stated that Edpnet has become the first operator in Belgium to make the switch from traditional ISDN to a VoIP platform, thus gaining the ability to easily add more capacity, which will ensure the company’s future growth. For this move, Edpnet has deployed WTL’s VoIP switches for its VoIP links, ensuring high call quality and an always-on network, and optimizing bandwidth capacity. Joachim Slabbaert, COO at Edpnet, said, “WTL is a technologically innovative company whose team really understand what VoIP operators want and need.  We buy from them because they do what they say – improve our network and reduce our costs. This migration is a huge milestone for our company and has…