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Mexican telecoms giant America Movil (AM) has raised its stake in Telekom Austria Group to 59.7%, the Vienna-based firm has confirmed. Via its subsidiary Carso Telecom, AM acquired 38.437 million... more
Egypt-based Global Telecom Holding (GTH), a 51.9%-owned subsidiary of Russian group Vimpelcom, has announced the sale of its 100% stake in Telecel Globe Limited – which itself owns 100% of... more
Norway’s Telenor Group has taken full control of its Indian subsidiary, Telewings – which trades under the Uninor brand – completing its acquisition of the 26% stake that it did... more
German telco Telefonica Deutschland, which closed out the EUR8.55 billion (USD11.9 billion) takeover of Dutch telecom operator KPN’s German mobile unit E-Plus at the start of this month, has announced... more
CVC Capital Partners, PT First Media – the media arm of Indonesian conglomerate Lippo Group – and other shareholders in internet service provider (ISP) PT LinkNet, are looking to raise... more
Slovenian cellular operator Tusmobil has been acquired by domestic cable TV provider Telemach. While the purchase price has not been disclosed, it is thought that the cableco paid previous owner... more
Mexican telecoms giant America Movil (AM) has revealed that it aims to conclude the merger of its three Brazilian operations in early December, Reuters reports, quoting Carlos Zenteno, the chief... more
The recently announced merger of Dutch cablecos UPC Netherlands and Ziggo will result in around 900 workers losing jobs, the NL Times reports. The companies currently employ a combined total... more
South African technology firm Multisource has reportedly made an offer to acquire Wireless Business Solutions (WBS), the parent of South African wireless broadband operator iBurst, TechCentral reports, citing Multisource chairman... more
Telecoms operator KDDI (au) is purchasing two Japanese start-ups and investing in a further five more, the Nikkei reports, noting that the total investment is in the region of JPY12... more