VimpelCom sells Djezzy stake for $2.6B

VimpelCom sold the 51 per cent controlling stake in Omnium Telecom Algeria (formerly known as Djezzy), held by its Global Telecom Holding (GTH) subsidiary, to the the Algerian National Investment Fund (FNI) for US$2.6 billion. According to a statement by …

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Nokia Networks, Ooredoo claim first Qatar LTE-A service

Nokia Networks and Qatar-based telco Ooredoo have announced what they claim to be the first LTE-Advanced service in the country. The two partners claimed the nationwide service, achieved through LTE-A carrier aggregation by Nokia, offers up to 225Mbps downlink data speeds.