Nytex

In Brief:Deutsche Telekom Planning $5.6 Billion Towers Sale 

Germany's Deutsche Telekom is reportedly planning a sale of its towers infrastructure in a deal that could be worth as much as USD5.6 billion. The funds would be reinvested in its European networks.If confirmed, the sale would take place later this year, and two banks, Goldman Sachs and Morgan Stanley have been appointed to organise an auction of the towers.It is still unclear if it will be a wholesale disposal of the entire tower network, or partial sale -- the decision being taken once Deutsche Telekom has sounded out potential buyers.The company declined to comment on the report.

***Philippines operator Globe Telecom will close its offices in the UK, Italy, and Spain. However, to continue serving its customers in these countries, Globe will maintain its ‘Telebabad’ service, Duo International, through existing partnerships with local operators.The three offices are UK Globetel and Globe Mobile Italy, both opened in 2013, and Globetel Internacional European Espana which started operations in 2014. They are all members of the Globe Group of companies.Globe will retain its offices in the US, Singapore, and Hong Kong, as well as retail presence across key markets such as the Kingdom of Saudi Arabia and the United Arab Emirates.Globe has expanded its operations in Asia with the launch of GlobeTel Japan.

•***MTN replaces CFO and appoints M&A chief
•SK Telecom announces prices for internet of things service
•Luminet and CCS to roll out London network
•US 600MHz spectrum auction has a $86.4 billion clearing target
•CityFibre and Gigaclear partner for UK rural fibre broadband
•Mobilink and Warid merger closes
•Microsoft hires former Vodafone executive to run UK business
•AIS wins Thai spectrum for LTE that Jasmine failed to pay for

***The number of contactless payments grew strongly in 2015, the Dutch Payments Association. Each month recorded growth of about 25 percent from the month before for the average number of NFC transactions. More consumers are using contactless debit cards while the number of transactions from a smartphone is growing slowly.Meanwhile, the use of iDEAL advanced by 25 percent. The number of online payments in itself is growing, but growth has also been pushed by the declining use of other methods, such as transfers by giro.