Bharti Airtel is in talks to buy UK-based Vodafone Group’s 21.05% stake in Indus Towers, which could potentially give India’s second ranked telco a controlling interest, said two people aware of the matter...
Government may sell 15% stake in Bharti Hexacom in multiple chunks
The government is considering to sell the remaining 15% stake in multiple tranches, and the Telecom Consultants India Limited (TCIL) would share proceeds of Bharti Hexacom’s debut initial public offering (IPO) as a...
Bharti Airtel’s merger deal with Dialog Axiata in Sri Lanka gets regulatory approval
Bharti Airtel’s definitive agreement to merge its Sri Lanka unit into market leader Dialog Axiata through an all-stock deal has received approval from the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)...
Vodafone Idea to launch $2.16 billion share sale in India
Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this month through a sale of new shares, in what will be the country’s biggest follow-on public...
Singtel rules out impending deal to sell Australian unit Optus
Singapore Telecommunications (Singtel) on Wednesday ruled out any impending deal to sell its Australian mobile network operation Optus following reports that talks for a potential stake divestment had fallen off...
Keysight outbids rival Viavi to buy UK’s Spirent for $1.5 billion
Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm’s expertise in...
Spain acquires 3% stake in Telefonica
The Spanish government has acquired a 3% stake in telecoms group Telefonica (TEF.MC) through the state holding company SEPI, SEPI said on Monday after it reported the acquisition to the stock market regulator. The...
TCIL to sell 15% stake in Bharti Hexacom
Telecommunications Consultants India Limited (TCIL) plans to sell its stake in Bharti Hexacom in two tranches of 15% each, to meet a target set out by the Centre. “We are going ahead as per the strategy, to meet...
TIM investor Merlyn wants sale of Brazilian unit, retail
Telecom Italia shareholder Merlyn Partners said on Wednesday the debt-laden company should sell its Brazilian unit this year as part of a radical restructuring. The Luxembourg-based alternative investment fund, which...
Vodafone sells Italian unit to Swisscom in 8 billion euros deal for fixing UK group operations
Telecoms giant Vodafone announced on Friday, March 15, that it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion) in cash, completing efforts to overhaul the UK group’s European...
SingTel looking to sell significant Optus stake to Brookfield, source says
Singapore Telecommunications (SingTel) is looking to sell a significant stake in its wholly owned Australian unit Optus to Canadian private equity giant Brookfield, a source with direct knowledge of the matter said on...
Canada Pension Plan picks up stake in TIM’s network for 2 billion euros
Canada Pension Plan Investments (CPP) will acquire a 17.5% stake in the fixed-line network of Telecom Italia (TIM) for up to 2 billion euros ($2.19 billion), the group said on Friday. The investment values the business...
