Vodafone Group Plc and CK Hutchison Holdings Ltd. are considering combining their unprofitable mobile-phone business in Australia with local broadband provider TPG Telecom Ltd. as intensifying competition forces rivals...
Vodafone-Idea merger: Behind the scenes report on corporate & legal intricacies
The swift way in which the Idea-Vodafone merger is progressing under a year shows the improvement in ease of doing business in India.” That was Vittorio Colao at the World Economic Forum (WEF) governors’ meeting in...
Bharti Infratel, Indus Tower merger deal gets SEBI nod
Mobile tower arm of telecom major Bharti AirtelNSE 1.36 %, Infratel today said it has received clearance from stock exchanges for its merger with Indus Towers. It will now approach National Company Law Tribunal for its...
Cornerstones take 16 percent of China Tower’s $8.7 billion HK IPO: sources
China Tower, the world’s largest telecoms tower operator, has lined up $1.4 billion from 10 cornerstone investors for its Hong Kong IPO of up to $8.7 billion, in what would be the world’s biggest listing in four years...
Vodafone India looks to raise up to Rs 5,000 cr to clear dues
Vodafone India is in talks with local and overseas banks to raise Rs 4,000-5,000 crore that could be used to pay its dues to the Department of Telecommunications (DoT) to help seal a merger with Idea Cellular at the...
Bharti Airtel dials Warburg Pincus to raise up to $1.5 billion
Bharti Airtel is in talks with Warburg Pincus to raise as much as $1.5 billion by divesting up to 15% in its holding company for African operations, Bharti Airtel International (Netherlands) BV (BAIN BV), two people...
NCLT gives nod to Tata Communications land demerger into Hemisphere
The National Company Law Tribunal (NCLT) has approved a scheme to de-merge surplus land of nearly 773 acres from Tata Communications Ltd. (TCL), earlier known as Videsh Sanchar Nigam Ltd. (VSNL), into Hemisphere...
Idea-Vodafone merger important for stabilisation of sector, says government
The telecom sector will stabilise once the Idea Cellular and Vodafone India merger is completed after the two firms fulfill certain ‘pending formalities’, the government said today. “We would like to...
Idea confirms conditional nod from DoT to Voda merger, not final approval
Idea Cellular confirmed that the approval received from the telecom department for its merger with Vodafone India “conditional” and not the final one, yet. “Approval of the DoT was a condition precedent to the...
AT&T to buy cybersecurity firm AlienVault
AT&T Inc said on Tuesday that it has agreed to buy privately held Silicon Valley-based startup AlienVault, allowing the telecommunications giant to expand its line of cybersecurity products targeted at small and...
Airtel plans to raise $1 billion in overseas loans
Bharti Airtel plans to raise about $1 billion (Rs 6,900 crore) through overseas loans as it aims to refinance its high-cost debt to free up cash for capex investments needed to expand its 4G network to take on Reliance...
NCLT clears Bharti Airtel’s Tikona acquisition
The National Company Law Tribunal (NCLT) has given its nod to the merger of Bharti Digital Networks (formerly called Tikona Digital Networks) with Bharti Airtel. The NCLT in its Tuesday order stated that under the...
