Vodafone is teaming up with IBM to offer businesses a way to link different cloud computing systems to support the next wave of digital advances, such as machine learning, on super-fast fifth-generation telecoms...
India’s Bharti Airtel in talks to buy Telkom Kenya
Bharti Airtel is in talks to buy Telkom Kenya, which will help the Sunil Mittal-led telco emerge stronger in the east African market and improve overall valuation of Airtel Africa in the run-up to its initial public...
Bharti Airtel to give Tanzania bigger stake in local telecoms company
Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation’s holding in the mobile phone operator to 49 percent from 40 percent, the president’s...
Bharti Infratel-Indus Towers merger likely to complete in the first quarter of next fiscal
Bharti Infratel, the tower unit of Bharti AirtelNSE 0.09 %, expects to complete its merger with Indus Towers in the first quarter of the new financial year, starting April 1, 2019. The company’s management, in an...
Aircel staff file contempt petition against Airtel, DoT
A group of about 300 Aircel and Dishnet employees have filed a contempt petition in the Supreme Court against the telecom department, Bharti Airtel and its unit Bharti Hexacom for their failure to ensure the return of...
Anil Ambani’s RCom says committed to pay outstanding spectrum dues, as deal with Jio hangs in balance
Anil Ambani-led Reliance Communications Ltd said on Wednesday that it remains committed to paying its outstanding dues, even as the telco’s proposed deal with Mukesh Ambani-controlled Reliance Jio remains uncertain...
Vodafone Idea plans to tap global funds, pledge Indus Towers stake
UK’s Vodafone Group Plc and its local partner Aditya Birla Group plan to tap private equity (PE) and pension funds to raise as much as $1 billion once they pump in $2.5 billion through a rights issue into Vodafone Idea...
Bharti Airtel to sell 32% stake in Infratel; may raise over Rs15,000 cr at Thursday price
Bharti Airtel has decided to sell a further 32% stake in Bharti Infratel, valued at close to Rs 15,500 crore, to create a war chest to bolster its countrywide 4G networks and counter Reliance Jio Infocomm. Separately...
Chinese firm Gionee officially files for bankruptcy: Report
In yet another Chinese smartphone company going bust, a second-tier Chinese smartphone maker Gionee, which owes 20.2 billion Chinese Yuan (nearly $3 billion) to 648 creditors, has officially filed for bankruptcy...
Can’t enforce Supreme Court order, DoT tells RCom and Jio
The telecom department has told Reliance Communications and Reliance Jio Infocomm that it cannot enforce the Supreme Court order for clearing their airwaves deal, as the buyer is unwilling to accept the responsibility...
Ericsson to again move court against Anil Ambani as RCom fails to pay up
Ericsson is set to file a second contempt of court petition against Reliance Communications’ (RCom) chairman Anil Ambani for failing to repay dues on time despite Supreme Court’s orders, a move which will add to the...
NCLT-Mumbai clears Airtel-Tata Tele deal
The Mumbai bench of the National Company Law Tribunal (NCLT) has cleared Bharti Airtel’s acquisition of Tata Teleservices’ consumer mobility business, a deal which will help the Sunil Mittal-owned telco close the market...
