Egypt's Ministry of Communications and Information Technology (MCIT) is preparing new joint licences that will enable operators to offer fixed and mobile services in the country.
Vivendi said it has decided to enter into exclusive negotiations with Altice on the acquisition of SFR for a period of three weeks, in what will come as a blow to Bouygues as the two companies compete to buy SFR from the telecoms and media giant.
The battle for French operator SFR took a new turn over the weekend after Bouygues said it had reached an accord to sell its mobile network and some frequencies to Iliad if its offer to merge Bouygues Telecom with SFR is approved.
Orange impressed the markets on Thursday with better than expected forecasts for its margin and core profits in 2014, although the French operator emphasised the figures will partly be achieved through continued cost cutting.
After months of speculation and rumour, the battle for SFR has finally begun. Vivendi announced late on Wednesday that it had received binding offers for the French mobile and fixed operator from both Numericable shareholder Altice and the Bouygues group.
Speculation surrounding the possible sale of SFR to a domestic rival reached fever pitch on Wednesday after Vivendi reportedly asked all potential bidders to submit their preliminary offers by 8pm this evening.
Yahoo has denied any knowledge of computer software allegedly used by U.S. and British security forces to gather thousands of images from its users' web cams over a two-year period.
Bouygues Telecom has launched the latest salvo in the French market, introducing a new low-cost fixed line package for €19.99 ($27.46) that the operator sells in combination with its mobile plans.
BARCELONA, Spain- Africa is poised for explosive subscriber growth, and mobile broadband services will play a significant part in Orange's operations in the market, said Marc Rennard, the France-based company's executive vice president for Africa, Middle East and Asia.
BARCELONA, Spain--Ericsson and Nokia Solutions and Networks (NSN) are proving to be beneficiaries of Vodafone's Verizon Wireless windfall, as the Swedish and Finnish vendors have just won five-year deals under the operator's £7 billion (€8.5 billion) Project Spring network investment programme.