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  • As Ukraine’s economic situation worsens following the global financial crisis, the government has launched a privatisation tender of Ukrtelecom to raise $1.3 billion.
  • Nigeria’s fixed-line incumbent Nitel will be sold to New Generation Telecom for approximately $2.5 billion following government approval of a tender offer.
  • Hibernia Atlantic has announced plans for a submarine cable connecting London with New York, the first new system on the transatlantic route since 2003.
  • Orange and T-Mobile have enabled interconnection for their users to pick up both networks as their joint venture develops to become more beneficial to customers.
  • Russian operator Vimpelcom has agreed to acquire most of the telecoms assets of Egyptian billionaire Naguib Sawiris in a $6.5 billion deal, creating the world’s fifth largest mobile network operator (MNO) by subscriber base.
  • UK incumbent BT has been ordered by the country’s regulator Ofcom to allow competitors to offer services over its new fibre to the home (FTTH) network, but will be allowed to set its own wholesale pricing.
  • Etisalat is close to agreeing a deal to acquire a 46% stake in Kuwaiti operator Zain for approximately $12 billion, according to worldwide media sources.
  • Telecom Italia (TI) has won control of Telecom Argentina after gaining approval from Argentina’s antitrust agency, the National Commission for the Defence of Competition (CNDC), to increase its 50% stake in Sofora, the holding company that controls the fixed-line incumbent.
  • Bharti Airtel has partnered with Ericsson and Huawei to expand and develop its mobile network in Bangladesh as the companies develop affordable services for consumers and aid telecoms growth.
  • The router market is experiencing strong demand as service providers invest heavily to increase network capacity, manage traffic growth and develop new revenue streams.