Nytex

In Brief: US criticises EU tax investigations into Apple 

The US Treasury has warned the European Union of possible repercussions if it attempts to claim back billions in tax from major US multinationals such as Apple.The Treasury said its officials have met with European Commission counterparts several times in recent months on the matter,and the US finance ministry has now issued a white paper outlining its position.The Commission has been investigating a number of advance tax rulings issued by EU member states that are suspected of giving an unfair advantage to multinationals which use complex parent-subsidiary systems to report minimal profits and reduce their tax bills.The EC has already ordered the Netherlands and Luxembourg to claim back more tax from respectively Starbucks and Fiat Chrysler,and is expected to issue a decision next month on Ireland's deal with Apple,which could result in the company owing billions more in tax.

***The head of Nepalese mobile network operator Ncell says the firm will be prioritising its mobile data services in the current fiscal year, which began in mid-July. Ncell Managing Director is also confident that the operator can launch 4G LTE services within two months of receiving the official go-ahead from the government. Ncell has applied to use its existing 1800MHz spectrum for 4G technology and the government is currently pushing through legislation to enable licensees to refarm frequencies for LTE. Ncell shares Nepal’s wireless market roughly 50:50 with state-backed rival Nepal Telecom (NT), with both firms claiming over 13 million subscribers at the end of March 2016. Ncell is now 80%-owned by Axiata Group of Malaysia after its buyout of the stake previously held by Telia Company which completed in April this year.

***An Orange spokesperson denied that the company had reached a deal with Vivendi on the acquisition of stakes in Telecom Italia and Canal Plus. The statement follows press reports that the two groups could be close to an agreement. Orange representatives have admitted the possibility of talks with Vivendi, as rumours of discussions last emerged in early July. French news magazine Challenges claimed that Orange was considering taking a stake in Telecom Italia and Canal Plus in a deal brokered by investment banker and former Vivendi chairman. According to Challenges, the stake in Canal Plus (in the region of 20 percent) was not necessarily dependent on the acquisition of a stake in Telecom Italia, in which Vivendi holds 24.9 percent of the share capital. Vivendi has not commented on the reports.

***Energy Vision has selected Flexenclosure – a Sweden-based designer and manufacturer of prefabricated data centre buildings and hybrid power systems for the ICT industry – for a significant eSite hybrid power system rollout in Gabon, central West Africa.Energy Vision, a telecom-focussed Renewable Energy Service COmpany (RESCO), will use the eSites to power mobile telecom sites for one of the largest mobile operators in the world. Flexenclosure is well represented with deployments across sub-Saharan Africa, but this is their first order in the central West African nation of Gabon.

•***Cisco, Huawei and Juniper play down NSA attack reports
•*4G rollout to drive major boom for Indian tower firms
•*NT expands radio backhaul network to 75 districts
•*Cologix completes expansion of Vancouver data centre
•*Orange denies ‘secret deal’ with Vivendi over Telecom Italia
•*Nokia and Ooredoo launch 4G service in Myanmar