Telenor appoints Morten Sorby as head of Asia

Telecom service provider Telenor Group has appointed Morten Sorby as head of Region Asia. Morten Sorby will replace the current Asian head Sigve Brekke, who will become the president and CEO of Telenor Group. Sorby has earlier played a major ...

Airtel may mobilize $2.5 bn from two China banks

Telecom service provider Bharti Airtel has received financing commitments of up to $2.5 billion from China Development Bank and Industrial and Commercial Bank of China – strengthening its existing partnership with Huawei and ZTE. The company ...

Telefonica Capex up 26% to $1.9 bn in Q1 2015

Telefonica on Thursday said its Capex (telecom investment) rose 25.8 percent to $1,919 million or 1,682 million euros in the first quarter of 2015. The Capex of 1,682 million euros included 161 million euros for spectrum acquisitions in Ecuador, ...