Nytex

Telenor audit finds problems in Thailand, Bangladesh 

Telenor Group has responded to questions from the media in recent days regarding cases uncovered by the Group Internal Audit that are currently being handled internally or under investigation by foreign governments. The cases concern Dtac site leases in Thailand, Grameenphone sponsorships in Bangladesh, and potential financial crimes in an unspecified country.Telenor said Dtac has changed the way it signs mobile base station site lease contracts in Thailand, after an internal audit had discovered deviations. A PwC review commissioned earlier this year found that some partners could not provide sufficient proof that they owned the land where the base stations were located. The rental agreements were in line with common industrial practice in Thailand, but not with Telenor’s internal guidelines.Dtac has now changed its rental agreement routines and begun a process to ensure that ownership is clearly documented in all rental agreements. This work will be concluded in 2017.

***Brazilian operator Oi, currently in a judicial reorganization, has requested the authorization of the 7th Corporate Court of the District of the Capital of the State of Rio de Janeiro for the sale of its direct and indirect interests in Timor Telecom to Investel Communications. After a competitive sales process, Oi received a proposal from Investel Communications worth USD 36 million, plus the payment of Timor Telecom's debts to Oi in the amount of USD 26 million.The sale of the Oi's stake in Timor Telecom, when concluded, will be subject to the implementation of other conditions.

***United Arab Emirates (UAE) operator Du and equipment vendor Nokia have carried out a successful lab trial of time and wavelength division multiplexing passive optical network (TWDM-PON) fibre technology, reaching aggregate speeds of 40Gbps. Du says the test paves the way for the implementation of 5G and Internet of Things (IoT) systems, and will help Dubai to become a smart city role model. Du currently offers peak download speeds of 1Gbps on its commercial fibre access networks.

***Spanish mobile operator Yoigo has announced that its popular Sinfin (Unlimited) tariff will come with 25GB a month of mobile data at 4G speeds starting 06 January, up from 20GB a month, although the price will also rise, from EUR 29 to EUR 32 a month. First unveiled last year, Sinfin was touted as a first in the Spanish marketplace, including virtually unlimited calls, VoIP and "all you can eat" data. The tariff is available at the discounted price of EUR 25.60 for the first six months if users remain with the operator.

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