The UK government would oppose any attempt by Sunil Bharti Mittal to increase his stake in telecoms group BT in order to maintain sovereign control over “critical national infrastructure”, the Financial Times reported...
Telecom
Bharti group seeks UK support to increase BT stake without bid for takeover
Indian conglomerate Bharti Enterprises is seeking to potentially increase its stake in BT to just under the threshold that would require it to make a full takeover offer for the British telecoms group, three people...
Singtel to sell minority stake in Australian unit, shares S$3 billion spending plan
Singapore Telecommunications said on Thursday it was looking to sell a minority stake in its Australian unit Optus, and shared capital spending plans of S$3 billion ($2.35 billion) in 2027. Singtel said it was looking...
Australia’s Tuas scraps $1.1 billion deal to buy Keppel’s M1 stake
Australia’s Tuas said on Friday it has ended a deal worth S$1.43 billion ($1.12 billion) to buy Keppel’s stake in mobile operator M1 via its unit Simba Telecom, days after the Singaporean regulator halted...
Singapore telecom regulator suspends review of M1, Simba merger
Singapore’s Infocomm Media Development Authority said on Monday it has suspended its review of a merger between telecom companies Simba Telecom and Keppel’s M1. The regulator said in a statement that...
Bharti Airtel’s next decade: Mittal outlines tighter control in India, bigger Africa bet
Bharti Airtel Ltd plans to raise its stake in Airtel Africa Plc to as much as 90% over the coming years, chairman Sunil Bharti Mittal said on Thursday, outlining a long-term capital allocation and ownership roadmap as...
UK’s Gamma Communications in preliminary talks with Oakley Capital, Giacom on possible takeover
British telecoms firm Gamma Communications confirmed on Friday that it is in preliminary talks with private equity firm Epiris, and separately, a consortium led by Oakley Capital and IT service provider Giacom on a...
Vodafone buys out UK mobile partner CK Hutchison in $5.8 billion deal
Vodafone has agreed to buy its partner CK Hutchison’s stake in VodafoneThree for 4.3 billion pounds ($5.8 billion), taking full ownership of Britain’s biggest mobile operator a year after it was created...
Deutsche Telekom exploring merger with T-Mobile, Bloomberg News reports
Deutsche Telekom is considering a full combination with T-Mobile US that could result in the largest public M&A deal on record, Bloomberg News reported on Tuesday, citing people familiar with the matter. The...
Manulife Investment Management eyes Cellnex Swiss business, sources say
Spain’s Cellnex is in talks to sell its stake in its Swiss unit to Toronto-listed Manulife Financial Corporation’s investment management unit, according to two sources with knowledge of the situation...
Amazon eyes $9 billion Globalstar deal to rival SpaceX’s Starlink, FT reports
Amazon is in talks to buy satellite telecom group Globalstar as it ramps up efforts to build its own low-earth-orbit satellite business to rival SpaceX’s Starlink, the Financial Times reported on Wednesday...
Reliance Jio in talks with investors to sell 8% of individual stakes in IPO, sources say
Indian billionaire Mukesh Ambani’s Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell down 8% of individual stakes in an upcoming Mumbai listing of the telecoms-to-AI company, sources...
