T-Mobile US and Sprint agreed to combine in a $26.5 billion merger, creating a wireless giant to compete against industry leaders AT&T and Verizon Communications. Deutsche Telekom AG, the Bonn, Germany-based company...
T-Mobile, Sprint make progress in talks, aim for deal next week: sources
U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the...
Vodafone, Airtel may seek block sale of stake in merged tower firm: Analysts
UK’s Vodafone and Bharti AirtelNSE 0.18 % may jointly negotiate a block sale of their combined 66.6% controlling stake to a third-party, postclosure of the Indus-Bharti Infratel merger, with a mix of deep-pocket global...
Infratel, Indus merge to form a tower giant
Bharti Infratel Ltd, the tower arm of India’s largest telecom operator, and Indus Towers on Wednesday agreed to merge their businesses to create the world’s largest tower company outside China. The combined entity will...
Bharti Airtel may trim stake in Infratel-Indus
Bharti AirtelNSE -1.16 % will consider selling stake in the combined company that will emerge after the long-anticipated merger of Indus Towers into Bharti Infratel. The new entity, with a valuation of $14.6 billion...
Bharti Infratel, Indus Towers to merge to create a $15 billion entity with 1.63 lakh telecom towers
Sunil Mittal-driven mobile infrastructure company Bharti InfratelWednesday said that it would merge its operations with Indus Towers that has Vodafone India and Idea Cellular as stakeholders to create a $14.6 billion...
NCLAT recalls order that allowed sale of RCom’s tower and fiber assets
The National Company Law Appellate Tribunal (NCLAT) on Wednesday recalled its previous order which allowed debt-ridden Reliance Communications to proceed with the sale of its tower and fibre assets. The sale of these...
Aditya Birla Group in talks to raise $1 bn for Idea Cellular
The Aditya Birla Group is in talks with buyout firms to sell stakes in promoter entities that control Idea Cellular Ltd to raise more than $1 billion, part of which will be used to pay down regulatory dues of the...
Supreme Court stays NCLAT order that allowed Reliance Communication to sell tower assets
The Supreme Court on Monday stayed till April 18 an insolvency tribunal order that allowed a Reliance CommunicationsNSE 1.19 % unit to sell its towers and fibre assets, temporarily halting the troubled telco’s attempt...
DoT awaits FDI clearance for Idea to approve merger with Vodafone: Sources
DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per...
Vodafone and SAP tie-up to explore Industrial IoT in India
Vodafone and SAP have tied-up to explore Industrial Internet of Things (IIoT) in India where the companies would develop communication solutions for enterprises that will leverage both SAP Leonardo and Vodafone’s IoT...
TDSAT has asked DoT to clear Airtel-Telenor merger without BG: Bharti
Telecom tribunal TDSAT has asked DoT to grant approval to Airtel-Telenor merger without any bank guarantee, according to a Bharti spokesperson. The Department of Telecom on April 3 had asked Bharti Airtel to submit bank...
