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Egyptian billionaire Naguib Sawiris has announced plans to sell off the 5% stake he holds in mobile network operator Egyptian Company for Mobile Services (ECMS, operating as MobiNil) via Orascom... more
Egyptian telecoms tycoon Naguib Sawiris has admitted that he is still keen to invest in Telecom Italia (TI), as long as the company retains its stake in Brazilian mobile operator... more
Telefonica Deutschland, which provides fixed and mobile services under the brand O2, has announced the completion of its EUR8.55 billion (USD11.9 billion) acquisition of Dutch telecom operator KPN’s German mobile... more
French equipment vendor Alcatel-Lucent has divested a 85% stake in its subsidiary Alcatel-Lucent Enterprise, a business communications and networking solutions provider with more than 500,000 customers worldwide, to industrial investment... more
Telekom Malaysia has confirmed that it has completed the investment agreement for its partnership with Green Packet Berhad and SK Telecom (SKT) under which the three will share in the... more
Lithuanian cable network operator Cgates has increased its competitive position with the acquisition of a number of smaller regional companies in late June, writes Verslo Zinios, citing the cableco’s CEO... more
Russian telecoms group Mobile TeleSystems (MTS) has announced that it has acquired a majority stake in Russian-Uzbek joint venture Universal Mobile Systems (UMS), confirming plans for the new operator to... more
Emirates Telecommunications Corporation, which trades under the name of Etisalat, is said to be working with Deutsche Bank in considering a sale of its Tanzanian mobile and fixed line subsidiary... more
A Kampala court has halted the transfer of a majority stake in Orange Uganda until a dispute over employee benefits has been resolved, the Daily Monitor reports. The court issued... more
Sfetozar Bugarszki, an individual shareholder in Romanian cableco and leading broadband internet provider RCS&RDS, has offered for sale a 6% stake in holding company RCS Management, representing a 3.59% stake... more