Reliance CommunicationsBSE -3.00 % and Aircel, which are in talks to merge, have agreed that the Anil Ambani-run telco will combine its wireless business with the smaller rival owned by Maxis and both parent companies...
Bharti Telecom plans to raise stake in Bharti Airtel to over 50%.
Bharti Telecom Ltd (BTL), the holding company jointly owned by Sunil Mittal and Singtel, plans to raise its stake in Bharti AirtelBSE -0.68 % to over 50 per cent through open market purchases, shelving its earlier...
Kotak Mahindra Bank buys stake in Airtel M Commerce for Rs 98 crore
Private sector lender Kotak Mahindra Bank has acquired 19.9 per cent stake in Airtel M Commerce, for Rs 98.38 crore. Airtel M Commerce, a wholly-owned subsidiary of Bharti Airtel, had won an in-principle licence from...
RCom gets CCI nod for acquiring Sistema Shyam
Reliance Communications (RCom) has received approval from Competition Commission of India (CCI) to acquire Russian conglomerate Sistema’s Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL). SSTL operates...
Mittals, SingTel to buy 6% more in Airtel
The promoters of Bharti Airtel, the Mittal family and SingTel, are looking to acquire an additional six per cent stake in the country’s largest telecom firm. The move may lend some support to the company’s...
Ziggo and Vodafone JV to lead to 2bn of new debt
The merger of Liberty Global’s Ziggo and Vodafone’s Dutch operations should result in billions of euros of new high-yield bonds or leveraged loans, according to market participants. Liberty Global and...
Vodafone pays Liberty 1 bln euros for Dutch joint venture
UK phone network operator Vodafone Plc (VOD.L) and John Malone’s cable company Liberty Global Plc (LBTYA.O) agreed on Monday to combine their operations in the Netherlands for a better footing in the local market...
RJio alliance with 8 global telcos
Mukesh Ambani’s group firm Reliance Jio Infocomm is partnering eight global telecom entities in what is described as an alliance to bring better products and services to customers everywhere. The eight others are...
Bharti Airtel in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata
Bharti AirtelBSE 1.05 % is believed to be in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata, the Malaysia-based Axiata group’s telecom arm in the island nation, in a likely share-swap deal, two...
High Court admits RCOM-SSTL merger application.
The Bombay High Court has admitted the application for merger between Reliance Communications (Rcom) and Sistema Shyam Teleservices Ltd. (SSTL), the telecom unit of Russia’s Sistema JSFC. “The Hon’ble...
Canada’s Competition Bureau clears Shaw’s acquisition of Wind Mobile
A Canadian competition watchdog said on Thursday it will not challenge Shaw Communications Inc’s C$1.6 billion ($1.16 billion) bid for Wind Mobile, the country’s fourth-largest wireless provider. The...
Vodafone in talks with Liberty Global on Dutch joint venture
Mobile phone networks operator Vodafone said on Tuesday it was in talks with John Malone’s cable company Liberty Global about forming a joint venture in the Netherlands. Liberty Global owns Ziggo, the largest...
