Two giant providers, AT&T and Time Warner proposed an $85 billion deal to merge the companies in order to provide more innovation in the industry. The merger, however, faced tough questions in the Senate as the regulators are skeptic about the possible effects of such large-scale deal to pricing and competition.
telecommunications
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President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.
Federal Communications Commision imposing new regulations.
Philippine President Rodrigo Duterte pledged to open the teleceommunications and energy sectors of the country to foreign investors. He also expressed his firm intention to combat corruption and pretectionism that hinders economic growth.
O2 CZ/CETIN and T-Mobile CZ is now under investigation by the European Commission on Tuesday. European Commission is to investigate whether the mobile telecoms network-sharing deal between the two major telecommunications company restricts competition in the Czech Republic.
Business associations from the United States, Japan and Europe told Chinese officials on Monday they still have "strong concerns" about bank information technology rules and urged Beijing to formally suspend them.
To gain foothold for mobile broadband adoption in Europe, AT&T is seeking to acquire major telecoms firms such as Vodafone in the near future.
The IPO of CommScope Holding Co is expected to reap USD800 million.
EU submits a list of proposals aimed to improve the EU telecommunications industry.
Orange SA sees market consolidation as the next wave should Telefonica SA and Royal KPN NV merge.
In an interview, Gabriele Galateri, Telecom Italia's director, sees the need for the consolidation of the European telecommunications industry.
Former TNK-BP executive Mikhail Slobodin replaces Anton Kudryashov as head of Vimplecom's Russian business.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment.
Time Warner Cable and CBS have yet to reach a conclusion regarding the re-transmission of CBS programming.
Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting.