Liberty Global has explored selling a stake in its Swiss telecoms operator Sunrise ahead of a planned spin-off later this year, three people familiar with the matter told Reuters. Talks have taken place with several...
Dialog acquires 100% in Airtel Lanka via share swap deal
Sri Lanka’s telecom market leader Dialog Axiata has acquired 100% in Bharti Airtel’s subsidiary in the island nation following the completion of an all-stock deal. “…. Bharti Airtel, Dialog Axiata PLC and Axiata Group...
UK’s Vodafone Group sells 18% in Indus for Rs 15,300 crore
UK’s Vodafone Group Plc said Wednesday that it has sold an 18% stake — out of its 21.05% holding — in Indus Towers for Rs 15,300 crore via an accelerated book-building offering. The stake sale proceeds will be used to...
Bharti Airtel buys extra 1% in Indus, boosts stake in towerco to Rs 48.95%
Bharti Airtel has acquired another 1% stake in Indus Towers for an undisclosed sum via an all-cash block deal, boosting its stake in the telecom tower company to 48.95% and inching closer to having a majority ownership...
KKR, GIC & DigitalBridge in fray to acquire Carlyle’ Nxtra stake for $700 million deal
Three contenders have queued up for Carlyle Group’s stake in telecom major Bharti Airtel’s data centre arm Nxtra Data Ltd, according to two people aware of the development. Private equity giant KKR, Singapore’s...
I Squared Capital, Stonepeak eye Vodafone’s Indus Towers stake in $2.3 bn deal
Private equity (PE) firm I Squared Capital and alternative investment firm Stonepeak are vying for Vodafone Group Plc’s 21.5% stake in Indus Towers Ltd in a deal potentially valued at around $2.3 billion, according to...
Vodafone plans to sell $2.3 bln stake in India’s Indus Towers, sources say
Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm’s...
EU to probe UAE-based e&’s acquisition of Czech PPF Group’s telecoms assets, FT reports
The European Commission will open a formal in-depth probe soon into Abu Dhabi-based Emirates Telecommunications’ (e&) proposed acquisition of Czech PPF group’s telecoms assets in Bulgaria, Hungary...
Saudi Telecom considers possible offer for United Group, sources say
Saudi Arabia’s STC Group is in the early stages of considering an offer for European telecom and pay-TV operator United Group, according to three people with knowledge of the potential deal. UK buyout group BC...
ACT Fibernet makes strategic investment in Aprecomm’s network intelligence solutions
Internet service provider ACT Fibernet (Atria Convergence Technologies Ltd.), Friday announced a major strategic investment in Aprecomm Private Limited (Aprecomm), a network intelligence solutions expert to fortify...
KKR wins EU nod for $24 billion Telecom Italia fixed-line network deal
U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia’s (TIM) fixed-line network. The deal is significant as it...
KKR-SingTel consortium frontrunner to buy $1 bln stake in data centre provider, sources say
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia’s biggest data centre providers, two...
