The government is looking into the process of delisting state-run telecom carrier Mahanagar Telephone Nigam Limited (MTNL) ahead of the merger with another state telecom firm Bharat Sanchar Nigam Limited (BSNL). “The...
Liberty Global buys 4.3% stake in Vodafone betting on share revival
Vodafone Group Plc shares gained as much as 2.4% after Liberty Global Plc said it had acquired a 4.9% stake in the rival British telecom group, in a surprise bet on Vodafone’s plans to revamp its business. Liberty...
S.Africa’s Telkom could open sale of stake in fibre unit by March
South Africa’s Telkom could start the sale of a minority stake in its core fibre business by March, it said on Tuesday, as part of a slew of measures it announced to unlock value and shore up profits, pushing its...
Orange set to gain EU nod for Belgian deal, sources say
Orange is set to secure EU antitrust approval for its bid for a majority stake in Belgian peer VOO SA after the French telecoms provider signed a deal with Liberty Global’s Telenet to address the regulator’s...
Cornerstone owners plan to sell 25% of mobile mast firm- sources
Telefonica and Liberty Global are preparing to invite bidders for a 25% stake in Britain’s largest telecoms tower company as they seek to cash in on part of their investment, according to two sources familiar with...
Bharti Airtel acquires 23 per cent stake in Indus Towers held by subsidiary Nettle Infrastructure
Telecom operator Bharti Airtel has increased its direct stake in Indus Towers by acquiring 23.01 per cent shares held by its completely owned subsidiary Nettle Infrastructure, a regulatory filing said on Saturday...
Bharti Airtel completes amalgamation of Nettle Infrastructure, Telesonic Networks
Bharti Airtel said it has completed the merger of wholly owned subsidiaries Nettle Infrastructure Investments Limited (Nettle), Telesonic Networks Limited (Telesonic). The amalgamation is effective February 1 and was...
KKR steps in with bid for Telecom Italia’s grid
Telecom Italia (TIM) has received a non-binding bid for a controlling stake in its fixed-line network from U.S. fund KKR, and Italy’s biggest phone group said its board would meet again later this month to assess...
Airtel won’t oppose Vodafone’s bid to sell Indus stake to external buyer
Bharti Airtel, the largest shareholder of Indus Towers, will waive its right of first refusal if UK’s Vodafone Group finds an external buyer for its 21.05% stake in India’s top telecom tower company, two...
Ghana approves sale of controlling stake in Vodafone Ghana to Telecel Group
Ghana has granted Vodafone International Holdings approval to sell its 70% stake in Vodafone Ghana to Telecel Group, the country’s telecoms regulator said on Monday. The National Communications Authority (NCA)...
Canada competition tribunal approves $14.8 bln Rogers-Shaw merger
Canada’s competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country’s second-largest...
Media mogul Michael Bloomberg looking to buy Dow Jones or Washington Post- Axios
Billionaire Michael Bloomberg, the owner of Bloomberg L.P., is interested in acquiring either Wall Street Journal parent Dow Jones or the Washington Post, news website Axios reported on Friday, citing an unnamed source...
