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Monaco Telecom FY12/13 revenue drops 12%; disposal plans receive lukewarm response from Principality
UK-based Cable & Wireless Communications (CWC) has reported that its Monaco Telecom unit generated revenues of USD236 million for the twelve months ended 31 March 2013, down 12% on an... more
Negotiations between the Algerian government and Russian telco VimpelCom Group regarding the former’s purchase of local mobile subsidiary Djezzy – a unit of VimpelCom – a have reportedly been suspended,... more
Sprint Nextel has increased its offer to acquire the approximately 50% of Clearwire that it does not already own, from USD2.97 per share to USD3.40, effectively succumbing to the demands... more
Malaysia-based Axiata Group is said to be considering a bid for mobile network operator PT Axis Telekom Indonesia, according to unnamed sources who claim to have knowledge of the matter.... more
Eurofiber Nederland, a provider of dark fibre connections, Ethernet and optical transmission services, has purchased Dutch telecommunication multi-services provider UNET for an undisclosed sum. The deal will allow Eurofiber to... more
Malaysia’s Green Packet is said to be considering the sale of some its assets with a view to improving its financial situation, the Star Online reports. It is claimed that... more
Etisalat Nigeria, the local mobile unit of United Arab Emirates telco Emirates Telecommunications Corporation (Etisalat), has signed a USD1.2 billion loan with a consortium of 13 Nigerian banks to refinance... more
According to an unconfirmed report in the Napi Gazdasag business daily, the Hungarian government could be mounting a bid to acquire terrestrial broadcaster Antenna Hungaria – should the unit split... more
Difficult macroeconomic conditions in southern Europe have seen UK mobile giant Vodafone Group post a year-on-year decline in turnover in both reported and organic terms in the twelve months ended... more
A proposal from Cypriot semi-state companies (SGOs) to secure EUR1.4 billion (USD1.8 billion) in loans in order to avoid privatisation has caught the eye of three institutions from abroad, Cyprus... more