Bharti Airtel’s subsidiary Network i2i Ltd. Tuesday said it has signed a pact with Orascom Telecom Media and Technology Holding S.A.E to acquire the latter’s entire equity stake in the Middle East North Africa Company...
SoftBank to invest $1 billion in OneWeb as part of $50 billion pledge to Trump
SoftBank Group Corp. has agreed to invest $1 billion in US satellite venture OneWeb Ltd, marking the first tranche of a $50 billion US investment the Japanese telecoms and technology company’s founder Masayoshi Son...
Norway’s Telenor looks to sell India unit to Aditya Birla group’s Idea Cellular
Telenor is said to have held talks with Idea Cellular for a cash-less sale of its India unit, which would entail the country’s No. 3 mobile phone company taking over all the liabilities of the Norwegian telecom...
Orange would consider bid for Vivendi’s pay-TV if for sale – CEO
France’s Orange (ORAN.PA) would consider bidding for Vivendi(VIV.PA)’s pay-TV Canal Plus if it came up for sale, Chief Executive Officer Stephane Richard said on Thursday. The former telecoms monopoly is...
KKR-Canada pension consortium leads race to buy Bharti Infratel
A consortium of buyout private equity specialists KKR and pension giant Canada Pension Plan Investment Board (CPPIB) have emerged as the strongest contender to take over Bharti Infratel, India’s largest listed wireless...
Verizon to sell data centers to Equinix for $3.6 billion
Verizon Communications Inc (VZ.N), the No. 1 U.S. wireless carrier, is selling 29 data centers in the United States and Latin America to Equinix Inc (EQIX.O) for $3.6 billion, as the telecom giant focuses on its core...
Brookfield in talks to acquire Bharti Infratel
Brookfield Asset Management Inc has entered exclusive talks on a takeover of Bharti Infratel Ltd, India’s largest listed wireless tower owner, after submitting a bid valuing the company at about $11 billion, people with...
Airtel, Brookfield in talks for Bharti Infratel stake sale
Brookfield Asset Management Inc. has submitted the highest bid for a 51% stake in telecom tower service provider Bharti Infratel Ltd and started exclusive talks with the company’s promoters Bharti Airtel, two people...
Malaysia’s Axiata looks to sell its 20% stake in Idea Cellular
MUMBAI: Axiata is looking to sell its 20% stake in Idea Cellular as the Malaysian company believes the Indian telecom provider’s valuation will remain subdued for at least the next three years given the likelihood of a...
Airtel acquires Econet’s stake in Nigerian arm
Telecom operator Bharti Airtel on Saturday said it has acquired the 4.2 per cent stake held by Econet Wireless in its Nigerian arm. “Bharti Airtel International (Netherlands) BV through its wholly owned...
Reliance Communication unit buys Onyx NewCo LLC (ONL)
MUMBAI: Anil Ambani-owned Reliance Communication, through its wholly owned subsidiary Reliance Globalcom Services, has acquired a newly incorporated firm named “Onyx NewCo LLC (ONL) , a Delaware Registered Company, on...
Airtel merges Bangladesh unit with Robi Axiata
NEW DELHI: Bharti AirtelBSE -0.24 % has merged its unit in Bangladesh with Robi Axiata Ltd., a unit of Axiata Group Berhad, a move which will form a strong No. 2 mobile phone operator in what is a fiercely competitive...
