MUMBAI: A virtual team has been set up to run the American Tower Corp. and Viom Networks combine in India even as the legal merger of the two telecom tower operators could take over a year to close, with Ashwani Khillan...
Tata Communications sells Neotel to Africa’s Liquid Telecom
Mumbai: Tata Communications Ltd has entered into an agreement to sell its South African telecom unit Neotel Pty Ltd to Liquid Telecom Group, run by Liquid Telecommunications Holdings Ltd of Africa, for South African...
Micromax ties up with Eros Now for digital content
In a bid to provide seamless digital content to its users, domestic smartphone maker Micromax on Monday announced its partnership with Eros International’s digital platform Eros Now. “Micromax has been...
Airtel, Axiata defer Bangladesh business merger pact
NEW DELHI: Telecom major Bharti Airtel and Malaysian firm Axiata have deferred the agreement for a merger of their Bangladesh operations till September 26, 2016. The merger of their Bangladesh business was earlier...
Tata sons ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake
The Japanese company said in a statement the award was for Tata Sons’ breach of their shareholders’ agreement. Tata Sons Ltd has been ordered to pay NTT DoCoMo Inc $1.2 billion to buy DoCoMo’s stake...
Reliance Communications expecting to shortly sign a merger deal with Aircel
NEW DELHI: Reliance CommunicationsBSE -5.43 % (RCom) and the promoters of Aircel are set to ink a “binding definitive” pact in around two weeks to merge their wireless businesses, which would create a strong...
Onvoy to Purchase ANZ Communications, LLC, the Parent Company of ANPI
Onvoy, LLC, a fast-growing leader in Communications Infrastructure Enablement, announced the signing of a definitive agreement to purchase ANPI, a leading provider of solutions to Rural Local Exchange Carriers (RLECs)...
Amazon ties up with Vodafone to acquire ‘hesitant’ customers
BENGALURU: Amazon India is expanding its offline presence in the country as it looks to further localise its offering and bring on board customers who are still reluctant to shop online. The e-tailer has tied up with...
Nokia likely to finalise acquisition of Alcatel-Lucent soon
HELSINKI: Finnish telecom equipment giant Nokia announced today a plan to complete the acquisition of its former rival, French-American Alcatel-Lucent during the third quarter. The world’s former top mobile phone...
Reliance Communications-Aircel: a merger of equals?
Aircel’s revenue market share stands at 5.59% in March 2016 (5.71% in the September quarter). Reliance Communications Ltd (R-Com) and Aircel Ltd are likely to complete the merger of their wireless operations by the end...
BoFA-ML ups Bharti Airtel to buy, flags Nigeria risk
KOLKATA: Bank of America Merrill Lynch has upgraded No. 1 telco Bharti Airtel to a Buy, given its strong spectrum holdings, continued gain in share of the voice market and a gradually stabilizing Africa though risk of...
Vodafone seeks FIPB approval for 100% acquisition of You Broadband
NEW DELHI: Inter-ministerial body FIPB said that Vodafone had sought approval for the proposed acquisition of the entire share capital (100 per cent) of You Broadband India Limited. However, the Board headed by Economic...
