Transforming Network Infrastructure Industry News

TMCNet:  AME Info, Abu Dhabi, United Arab Emirates, telecommunications briefs

[January 09, 2013]

AME Info, Abu Dhabi, United Arab Emirates, telecommunications briefs

Jan 09, 2013 (AME Info - McClatchy-Tribune Information Services via COMTEX) -- QTEL'S 15 percent TUNISIANA STAKE ACQUISITION APPROVED: Tunisia's Higher Investment Committee (CSI) has approved the sale of a 15 percent stake in Tunisiana to Qtel, Kuna has reported. The 15 percent block of shares of Tunisiana sold to Qtel, already shareholder in the company, represents a 25 percent portion of the capital of Tunisiana. The deal raises the Doha-based telecoms operator's shares in the Tunisian firm from 75 percent to 90 percent.

SAMSUNG'S QUARTERLY PROFIT 'LIKELY' TO HIT $8.3BN: Samsung Electronics has said it likely earned a quarterly profit of $8.3bn, as it sold close to 500 handsets a minute and as demand picked up for the flat screens it makes for mobile devices, including those for rival Apple Inc. products, Reuters has reported. Samsung has outpaced Apple - its biggest rival and biggest customer - despite the US firm's launch of the latest iPhone 5, with sales momentum boosted by its Galaxy Note II phone-cum-tablet in the fourth quarter. iPhone 5 sales were a little below expectations, analysts said.

___ (c)2013 AME Info (Abu Dhabi, United Arab Emirates) Visit AME Info (Abu Dhabi, United Arab Emirates) at www.ameinfo.com Distributed by MCT Information Services

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