Deutsche Telekom launches global network service based on Ngena platform

(Telecompaper) Deutsche Telekom announced the launch of a new network services offer for corporate customers, based on its international alliance Ngena. The Next Generation Enterprise Network Alliance (Ngena) brings together network operators from around the world, and DT said it is the first to use the shared platform to offer a dedicated connectivity service for business customers. …read more

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Telenor sells 5.1% stake in Veon, sees NOK 2.9 bln proceeds in Q3

(Telecompaper) Telenor said it is continuing the sale of its interest in Veon, formerly known as Vimpelcom. It is offering 5.1 percent of Veon’s total outstanding common shares, leaving Telenor with about 256.7 million ADS, or about 14.6 percent of Veon’s common shares. The underwriters have priced the 90 million common shares and ADS in the offering at USD 4.15 each, giving net proceeds of USD 365 million (around NOK 2.9 billion), which will be included in Telenor’s third-quarter cash flow statement. …read more

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Google buys HTC assets for USD 1.1 billion

(Telecompaper) Google has agreed to take over staff and assets of smartphone maker HTC for USD 1.1 billion. Google said the takeover will strengthen its hardware business, including the Pixel smartphones on which HTC already cooperates. HTC will continue to make smartphones and VR devices under its own brand. …read more

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