Wednesday, November 27, 2013

BT Looks for Growth in Asia Pacific, the Middle East and Africa

BT will hire 400 new employees to focus on regional business growth in key markets, including Australia, China, Hong Kong, India, Japan, Indonesia, Malaysia, Singapore, South Africa, the United Arab Emirates (UAE) and Turkey. These new employees are in additional to the 600 positions announced earlier this year for BT’s Global Development Centre in Bangalore and to the c.600 hires expected for BT’s new Global Shared Service facility in Kuala Lumpur announced in April.

BT also confirmed the activation of five new IP and Ethernet Points of Presence starting with India and Turkey, four Network-to-Network Interfaces (NNIs) with the first in Indonesia, and an enhanced satellite capability to support remote coverage and disaster recovery.

http://btplc.com/News/Articles/ShowArticle.cfm?ArticleID=D39DF3B1-2D4F-43D2-BAEE-4F6036B80C3C

TeliaSonera Dismisses Execs over Eurasian Deals

TeliaSonera announced the dismissal of four individuals because of irregularities in transactions and agreements made by TeliaSonera and partners in Eurasia over the past few years.  The company had retained the international law firm Norton Rose Fulbright LLP to conduct a review of the deals.

“The Board’s conclusion is that some senior employees no longer have the trust of the Board. Therefore they have been notified that their employment with TeliaSonera will be terminated and they will leave their position effective immediately. It is not the Board’s task to assess the legal aspects, but we have decided to hand over the material from the Norton Rose Fulbright review to the Prosecutor’s office as part of our continuous dialogue,” stated Marie Ehrling, Chairman of the TeliaSonera Board.

Separately, the company announced that Christian Luiga, currently Head of CEO Office, will assume the position as acting Chief Financial Officer, replacing Per-Arne Blomquist who will leave his position effective immediately.

http://www.teliasonera.com


  • In February 2013, Lars Nyberg resigned as President and CEO of TeliaSonera following an outside review of  Mannheimer Swartling regarding illegal business practices by the firm in Uzbekistan.  While the review did not find evidence that TeliaSonera engaged in bribery or participated in money laundering, it did criticize TeliaSonera for not vetting its investment partners in Uzbekistan. At the time, TeliaSonera's Board of Directors appointed Per-Arne Blomquist as acting President and CEO.

  • In October 2012, TeliaSonera's Board of Directors hired the law firm Mannheimer Swartling to investigate whether TeliaSonera's investment in a 3G license, frequencies and number blocks in Uzbekistan in 2007 involved corruption or money laundering. Later, the investigation was expanded to include more recent investments in connection with TeliaSonera's operations in Uzbekistan.

Orange to Sell Subsidiary in Dominican Republic for EUR 1.1 Billion

The Orange Group will sell 100% of Orange Dominicana S.A., its  subsidiary in the Dominican Republic, to Altice for US$1.435 billion (EUR 1.1 billion).

Orange Dominicana was established in 2000 and is now a leading telecommunication operator in the Dominican Republic, one of the largest and most dynamic economies in the Caribbean with an estimated population over 10 million. The company posted revenues of DOP 22.8 billion (EUR 451 million) in 2012 and had 3.4 million subscribers at the end of September 2013. The company employs approximately 1,400 people.

Altice is a multinational cable and telecommunications company with presence in six countries—Israel, Belgium, Luxembourg, the French Overseas Territories of Guadeloupe and Martinique, Portugal and Switzerland.

The deal requires regulatory approval in the Dominican Republic.

Orange said this sale represents a significant step forward in the optimization of its assets portfolio.

http://www.altice.net/
http://www.orange.com


DOCOMO Offers LTE Roaming for KT

NTT DOCOMO will offer LTE roaming to subscribers of Korean mobile operator KT Corporation when they travel in Japan.  DOCOMO said it plans to partner with other overseas mobile operators to offer LTE international roaming services, including for DOCOMO users traveling outside of Japan.

http://www.ntt.co.jp

See also