Kenyan cellcos give LTE consortium the cold shoulder

According to Reuters, Mario Gabelli, the majority shareholder in US broadband provider Telephone and Data Systems (TDS Telecom), has urged the company to buy the 27% interest in wireless operator US Cellular Corp. that it does not already own, rather than simplify its own share structure. Confusingly, in its 2Q11 earnings release, US Cellular reported that – as at 30 June 2011 – 84% of its shares were already held by TDS [More]

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