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  • CAIRO, June 23- Telecom Egypt will not be required to sell its stake in Vodafone Egypt following the introduction of fourth-generation mobile phone services, two telecommunications sector sources told Reuters on Thursday. The landline monopoly owns a 45 percent stake in Vodafone Egypt but hopes to offer mobile phone services itself following the...

  • CAIRO, June 23- Telecom Egypt will not be required to sell its stake in Vodafone Egypt following the introduction of fourth-generation mobile phone services, two telecommunications sector sources told Reuters on Thursday. The landline monopoly owns a 45 percent stake in Vodafone Egypt but hopes to offer mobile phone services itself following the...

  • SYDNEY, June 23- Australia's largest telecoms group Telstra Corp Ltd has taken a bet on the resource industry's appetite for cash-saving technology from drones to wireless production-tracking, snapping up a specialist firm to set up a dedicated mining services unit. It has also hired the former chief automation researcher at mining giant Rio Tinto Ltd, Eric...

  • Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., left, and Nikesh Arora, president and chief operating officer, attend a news conference in Tokyo, Japan, on Tuesday, May 10, 2016.

    SoftBank Group's investment spree could come to an end after its president announced his resignation on Tuesday, according to a fund manager.

  • PCCW Brexit

    PCCW's BG Srinivas says a Brexit would impact the firm's Europe expansion strategy, as U.K. is viewed as the main hub for Europe.

  • Softbank Arora

    Softbank will likely be more concentrated with its internet investments after Nikesh Arora's abrupt departure, says T. Rowe Price's Joshua Spencer.

  • BEIJING/ HELSINKI/ TOKYO, June 21- China's biggest gaming group Tencent Holdings Ltd is to buy a majority stake in' Clash of Clans' mobile game maker Supercell from SoftBank Group Corp in a deal valued at roughly $8.6 billion. Finnish mobile games maker Supercell will now have Tencent's backing as it pushes more aggressively into China's online gaming market.

  • *Arora was seen as successor for group founder Son. TOKYO, June 21- SoftBank Group Corp president Nikesh Arora, the former Google executive handpicked by the Japanese company's founder as his successor, is to step down on Wednesday. SoftBank cited differences between Arora and Masayoshi Son over when Arora would replace him as head of the group.

  • BEIJING/ TOKYO/ HELSINKI, June 21- China's biggest gaming group Tencent Holdings Ltd is to buy a majority stake in Finland's Supercell, which makes the' Clash of the Clans' mobile game, from SoftBank Group Corp, in a deal valued at roughly $8.6 billion. Supercell, also creator of' Boom Beach' and' Hay Day', has a handful of successful games and gets a significant amount of...

  • Brazil's Oi files for bankruptcy protection

    The country's largest fixed-line phone carrier failed to win support for a plan to convert $19.3-billion of debt.

  • SUWON, South Korea, June 21- Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5 G mobile networks by moving quickly in markets like the United States, an executive said. The world's top smartphone maker ranks well behind peers such as Nokia Corp, Huawei Technologies...

  • Oi SA signage is displayed outside of a retail store in Rio de Janeiro, Brazil, on Wednesday, Oct. 2, 2013.

    Oi and six subsidiaries filed for bankruptcy protection after failed to shareholder support for a $19.3B debt restructuring.

  • FCC Chairman Tom Wheeler said if the FCC "approves my proposal next month, the United States will be the first country in the world to open up high-band spectrum for 5 G networks and applications." He said the FCC also will seek comments on opening other high-frequency spectrum bands. The FCC will make spectrum available and rely on a process led by the private...

  • FCC Chairman Tom Wheeler said if the FCC "approves my proposal next month, the United States will be the first country in the world to open up high-band spectrum for 5 G networks and applications." He said the FCC also will seek comments on opening other high-frequency spectrum bands. The FCC will make spectrum available and rely on a process led by the private...

  • *Rob Shuter to take over by July 2017. JOHANNESBURG, June 20- South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk-management background 10 days after it agreed to pay a $1.7 billion fine in Nigeria. Rob Shuter, who also has a background in banking, replaces Sifiso Dabengwa who...

  • *Rob Shuter to take over by July 2017. JOHANNESBURG, June 20- South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk management background less than two weeks after it agreed to a $1.7 billion fine to settle a dispute in Nigeria. Rob Shuter, a South African national with a background...

  • SAO PAULO, June 17- Prices of Oi SA bonds jumped on Friday after Brazil's most indebted wireless carrier laid out the terms of a restructuring proposal aimed at cutting 50 billion reais in obligations by more than half. Notes from a Netherlands- based Oi unit due this year were excluded from the plan. The Rio de Janeiro- based company, which faces a payment of 230...

  • 100+ Smart Phone

    A Beijing regulator said it would bar Apple from selling its iPhone 6 and 6 Plus models because of "patent infringement" against 100C phones.

  • NEW YORK, June 16- Video-sharing website Vimeo LLC cannot be held liable for copyright infringement for unknowingly hosting older music uploaded by its users, a U.S. appeals court ruled on Thursday, dealing a blow to record labels seeking broader protections. In a victory for internet service providers, the 2nd U.S. Circuit Court of Appeals in New York also held...

  • NEW YORK, June 16- Video-sharing website Vimeo LLC cannot be held liable for copyright infringement for unknowingly hosting older music uploaded by its users, a U.S. appeals court ruled on Thursday, dealing a blow to record labels seeking broader protections. In a victory for internet service providers, the 2nd U.S. Circuit Court of Appeals in New York also held...

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