NEW DELHI: State Bank of IndiaBSE 1.31 % will refinance debt of Rs 28,000 crore that will be transferred to the entity emerging from a merger of the wireless business of Reliance CommunicationsBSE 0.68 % and Aircel...
Telefonica Brasil boosts merger outlook, but profit down
Telefonica Brasil SA , the biggest telecommunications company in the country, raised its forecast for savings from a major merger, although one-time personnel costs from the restructuring triggered a 23 percent drop in...
MP Birla not to dilute stakes in telecom JV
Birla Corporation, the MP Birla Group’s flagship company, currently has a 3.13 percent stake in the JV. After signing the terms for acquiring the entire 27.5 per cent stake of Ericsson Network Technologies (ENT)...
Verizon said to buy Yahoo in $4.8 billion deal
News of the acquisition expected before US markets open on Monday; deal includes Yahoo’s real estate assets; some intellectual property to be sold separately. New York: Verizon Communications Inc. will announce plans to...
Orange completes acquisition of Airtel in Sierra Leone
Orange Sa
* Orange completes acquisition of mobile operator Airtel in Sierra Leone Source text for Eikon: Further company coverage: (Reporting by Paris Newsroom)
New Sea Union Telecom scraps asset acquisition, to invest in electronics firm
Suzhou New Sea Union Telecom Technology Co Ltd * Says it scraps asset acquisition via cash, share issue * Says it expects share trading to resume on July 18 after the company held investors conference * Says it plans to...
Telefonica sells China Unicom stake for 322 million euros
Spain’s heavily indebted Telefonica said today it had sold a 1.51% stake in China Unicom, China’s second-biggest telecommunications provider, for 322 million euros ($356 million). The former state monopoly...
Dutch regulator asks EU if it can oversee Ziggo-Vodafone merger review
The Dutch markets regulator on Wednesday asked for EU permission to conduct an antitrust review of a proposed merger between Liberty Global’s Dutch cable company Ziggo and Vodafone’s Dutch operations. The...
Prospects of Wind/H3G Merger Approval Improved by Iliad Deal
(The following statement was released by the rating agency) LONDON, July 06 (Fitch) Fitch Ratings says that Iliad’s agreement to buy Italian mobile assets as part of the plan to merge Wind Telecomunicazioni S.p.A...
Iliad signs agreement for merger H3G and Wind in Italy
Iliad SA :
* Merger of H3G and Wind in Italy: Iliad signs agreement subject to the approval of the European Commission Source text for Eikon: Further company coverage: (Gdynia Newsroom)
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Vodafone emerges as frontrunner for buying out Telenor’s operations in India
MUMBAI: Vodafone has emerged as the frontrunner for buying out Telenor’s operations in India, said two people with knowledge of the matter, as the country’s No. 2 telecom company prepares for the coming...
MTN Hires Barclays’ Van Coller for M&A to Accelerate Shakeup
MTN Group Ltd. hired Barclays Africa Group Ltd.’s former investment banking chief Stephen Van Coller to run its strategy and mergers and acquisitions, further shoring up its management as it recovers from a record...
