VimpelCom, Global Telecom Holding, together with Warid Telecom Pakistan and Bank Alfalah, today announced the completion of the transaction to merge Pakistan Mobile Communications Limited and Warid Telecom, creating...
Tata Comm to sell Neotel to Liquid Telecom, RBH for Rs 2,903 crore
NEW DELHI: Liquid Telecom, a privately owned, pan-African telecoms group, majority owned by Econet Wireless Global on Wednesday said that it has entered into an agreement to acquire South African communications network...
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...
Heartland Media and MSouth Equity Partners Enter into an Agreement to Purchase Five Stations From Nexstar Broadcasting Group and Media General for $115,000,000
ATLANTA–(BUSINESS WIRE)–Heartland Media, LLC (“Heartland”) and MSouth Equity Partners (“MSouth”) announced today that they have entered into an agreement to purchase five stations from Nexstar Broadcasting...
StoreKing gets Rs 100 cr from Malaysia’s Axiata
Axiata Group Berhad, Malaysia’s largest telecom firm and a shareholder in Idea, has made its first e-commerce investment in India in Bengaluru-based StoreKing. Axiata Group has invested $16 million (about Rs 100 crore)...
Bharti Infratel in talks to acquire Tower Vision India
NEW DELHI: Bharti Infratel, the independent tower company of the Bharti Group , is in talks to acquire Tower Vision India , a company owned by a group of international financial investors, two people familiar with the...
Vodafone NZ in merger talks with Sky
Vodafone NZ is considering a merger with Sky, the pay-TV operator has confirmed after its shares on the New Zealand Stock Exchange (NZX) were placed in a trading halt on Wednesday. “Following recent media...
Reliance Communications, Aircel merger by June-end
Mumbai: Telecom firms Reliance Communications Ltd (R-Com) and Aircel Ltd are likely to complete their merger by the end of June, a top Reliance Group executive has said. The executive, who asked to be not named, said...
Deleveraging, merger with smaller telcos key triggers for RCom
Reliance Communications’ (RCom’s) stock was up five per cent on Wednesday and another 2.8 per cent on Thursday. This was due to buying by foreign institutional investors and expectations that integration with MTS, the...
Bharti-MTN extend merger talks till Sept
Bharti Airtel and South African telecom major MTN have decided to extend their talks for a possible merger till September 30. This is the second time the two companies have extended the exclusivity period. Earlier, they...
Bharti close to raising MTN funds
Bharti Airtel has received bids from more than a dozen overseas banks keen to fund its merger with top South African mobile company MTN, raising hopes that the nearly $23-billion biggest cross-border M&A deal ever...
Idea Cellular Equity shareholders & Creditors to approve Scheme of Amalgamation
Idea Cellular Ltd has submitted to BSE the Notices of the Court Convened Meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company scheduled to be held on September 04, 2009 for...
