WiMAX player exits UK
UK-based communications firm and WiMAX operator the Daisy Group on Thursday offloaded its loss making WiMAX assets in the country for just £12.5m.
The borough of Swindon is to become the first area in the UK to be covered by a live commercial LTE network courtesy of the 4G network wholesaler UK Broadband. The service will be aimed predominantly at public sector and businesses via a fixed-wireless services, but local residents will be able to take advantage of the network through retail partnerships via Mifi type devices, which it said would be available from September.
The UK’s incumbent mobile networks could be beaten to the LTE punch by Hong Kong based telecoms company PCCW, according to a report in the Financial Times. The operator is looking to build out an LTE network as early as 2012, the report states, via its British subsidiary UK Broadband.
UK-based communications firm and WiMAX operator the Daisy Group on Thursday offloaded its loss making WiMAX assets in the country for just £12.5m.
If you thought the ‘I am rich’ application that two or three numpties bought for their iPhone a while back was crass in the extreme (the application, which cost almost $1,000, simply displayed a glowing ruby, with the words ‘I am rich’ on the phone’s screen) you’ll be no doubt interested to learn that Apple’s App Store has sunk to a new low.
Investment tycoon Richard Li has given up the ghost on his attempts to stage a $2bn buyout of PCCW, which may or may not mean the end to the ongoing saga involving the leading Hong Kong operator.
The ongoing saga involving leading Hong Kong operator PCCW, looks to be finally drawing to a close, as the company prepares to go private. It is understood that minority shareholders on Wednesday, finally voted in approval of a $2bn buy out offer from Pacific Century Regional Developments by a partnership of 20 per cent PCCW [...]
The ongoing saga involving leading Hong Kong operator PCCW took a new turn on Tuesday as tycoon Richard Li offered to privatise the company under a $1.9bn deal. In partnership with 20 per cent PCCW stakeholder China Netcom and Li’s other investment vehicle, Pacific Century Regional Developments (PCRD), Li is proposing to buy out minority [...]
A consortium including Hong Kong operator PCCW and a local investor has won a fixed line licence for Oman, the country’s communications regulator said over the weekend. The Oman Telecommunications Regulatory Authority announced the award to Awaser Oman Consortium, which achieved the highest marks in the technical and commercial evaluation as well as the financial [...]
Hong Kong’s leading operator PCCW said this week that it has abandoned plans to offload a 45 per cent stake in its newly founded quad play unit, HKT Group, as a result of the economic crisis. The Hong Kong firm said it had received “substantial interest and formal proposals from several bidders” for the acquisition [...]
Hong Kong’s leading operator, PCCW, has announced plans to consolidate its quad play offerings into a new company called HKT Group and offload 45 per cent of the operation. The move marks tycoon Richard Li’s latest attempt to sell off the company’s assets after a 2006 effort was foiled by shareholders including 20 per cent [...]