Telecompaper UK Ltd
Telecompaper UK Limited, a subsidiary of Telecompaper, has
acquired the telecommunications news abstracting assets of Responsive Database Services Limited(RDSL).
The acquisition, which follows two years of close co-operation between Telecompaper and RDSL,
is part of Telecompaper's strategy to become a global telecoms news provider, and
research company.
We provide daily news abstracting services to the telecoms industry.
We abstract from sources published in eight languages.
We read over 6,000 editions of published sources each year.
We publish our electronic briefings at noon each UK working day.
We publish a breakfast briefing at 6 a.m. each UK working day.
Our clients receive only news relevant to them individually.
We save money for you, from information budgets, and operational budgets.
This saving averages GPB 5,000 per employee per year.
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Ed Achterberg, Managing Director Telecompaper UK Ltd
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Australia - Optus in talks to buy Branson's Virgin Mobile stake
Optus is in talks to acquire 75 percent of the MVNO Virgin Mobile JV from Richard Branson, the Australian reports, stating that the price tag is thought to be under AUD 100 million. Virgin currently has 650,000 subscribers, all using the Optus network. The company aimed to generate a AUD 195.5 million revenue in the 2004-2005 FY and is understood to have made a slight profit that year. People close to the talks think a deal may be reached by end-2005.
Chile - VTR launches new fixed line package
Chilean triple play service provider VTR has launched a new telephony package in a bid to capture 20,000 new clients by year-end. The company aims to close 2005 with 40,000 clients for its telephony unit, 740,000 cable users and 260,000 broadband users. For a fixed price, the new telephony package includes a certain number of minutes and the possibility for unlimited talk to other VTR telephones. The advantage of this feature is that rival operator Telefonica CTC is not able to offer the same possibility, since 76 percent of its operational revenues come from fixed line telephony, consequently, providing unlimited calls is unfeasible. Recently, CTC launched "flexible plans", sold to a total of 490,000 users, who represented nearly seven percent of the company's revenues during the first half of 2005. "Companies have learned the market's tendency to select this type of package, similar to mobile telephony," sector analyst Roberto Gurovich said. According to Gurovich, VTR's new service will be a powerful tool to boost sales of its triple play service.
Oman - Nawras launches Ramadan promotions
Omani mobile operator Nawras has launched a Ramadan promotion. Customers can buy any nawras Ajel (postpaid) welcome pack and get 50 percent off the price, customers will pay OMR 7 instead of OMR 14. Customers already subscribing to a mobile service can bring their two latest monthly bills with no balance brought forward to a Nawras store and they will be eligible for a free subscription for 6 months, if the sum of the invoiced amounts is above OMR 100, or a ree subscription for 3 months, if the sum of the invoiced amounts is between OMR 50 and OMR 100. Nawras customers can also enjoy Ramadan content through the Nawras portal, nawras Zone, which offers a wide range of exciting Ramadan services including Ramadan java games, Picture Messaging, ring tones and much more.
UK - Ntl to acquire Telewest for approximately USD 6 bln
UK cable network operators ntl and Telewest have signed a definitive merger agreement under which ntl will acquire Telewest, creating a telecommunications operator with a a cable footprint covering more than 50 per cent of UK households. The combined company will have nearly 5 million residential customers of which 2.5 million use broadband services, 3.3 million use pay TV services and 4.3 million use fixed telephony services. The combined company will have the benefit of a much larger cable network and, together with Telewest's content division, will strengthen cable's position in the multi-channel TV marketplace. Under the terms of the transaction, approved by the boards of both companies, Telewest shareholders will receive USD 16.25 in cash and 0.115 shares of ntl stock for each common share of Telewest they own, for a total consideration currently valued at approximately USD 6 billion or approximately USD 23.93 per share. On this basis, upon completion Telewest shareholders will own approximately 25 percent of the enlarged ntl. The transaction issubject to U.K. regulatory approvals, approval by the shareholders of both companies and other customary closing conditions. It is expected to close in the first quarter of 2006. The Board of the enlarged company will consist of all the current directors of ntl plus two directors from Telewest. James Mooney will be Chairman of the Board of Directors, Anthony (Cob) Stenham will be Deputy Chairman and Simon Duffy will be the President and CEO.
US - Dwango to cut 30% of jobs
Mobile entertainment content developer and publisher Dwango Wireless has implemented a plan to enhance its financial performance by reducing expenses while intensifying its focus on the introduction of premium lifestyle and affiliate brands. Dwango will focus its efforts on brands such as Rolling Stone, Napster, Playboy and premium messaging initiatives such as the recent USA Today 'Text & Win' Mobile Sweepstakes Program. The company is reducing headcount by approximately 30 percent. Employees whose positions were affected will be offered severance arrangements, including assistance with their job transition. The workforce reduction is expected to result in annualized savings of approximately USD 1.5 million. The company will incur severance costs of approximately USD 34,000 in Q3 2005 in connection with this action.
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