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Telegeography CommsUpdate 06/04/2020 06:19
A majority stake in Moscow cableco AKADO Telecom has been sold by Viktor Vekselberg to fellow Russian tycoon Maxim Mayorets, according to ComNews. 51% of the fixed broadband, TV and voice operator is now reportedly owned by Mayorets’ AVK Investments, with the other 49% retained by Vekselberg’s Renova Holding. Whilst no financial details of the deal were disclosed, it is roughly valued at around RUB15 billion (USD218 million).
Telegeography CommsUpdate 06/04/2020 06:19
In the wake of the recent revelation that the Malaysian communications minister had last month signed off a raft of new regulatory directives allocating spectrum in the 700MHz, 900MHz and 2600MHz bands, it has now been officially announced that these orders have been cancelled. In an press release issued by the Ministry of Communications and Multimedia on 3 June, communications minister Saifuddin Abdullah confirmed that he had directed the chairman of the Malaysian Communications and Multimedia Commission (MCMC) to cancel the earlier ministerial directives related to the frequency allocations.
Fiji Times (Fiji) 06/04/2020 06:12
The High Court in Suva has been asked to consider a lenient sentence for a 34-year-old farmer who pleaded guilty to burning a fellow farmer’s house in Tailevu after a marital dispute. Akuila Tubuna appeared before judge Justice Daniel Goundar yesterday. Mr Tubuna was charged with one count of arson for the incident which happened […]

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