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Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, has announced that it would sell its stake in Kuwait Investment Co (KIC) in 1H 2015, while its share in telecoms... more
Japanese telco Softbank Corp and investment group Sequoia Capital have announced investment of USD100 million into Indonesia’s leading e-commerce marketplace, PT Tokopedia, according to statement published on Wednesday. The investment... more
The US Federal Communications Commission (FCC) has paused its informal ‘shot-clock’ deadline on the review of the proposed USD48.5 billion takeover of pay-TV giant DirecTV by AT&T Inc. The watchdog,... more
South African telecoms operator Vodacom has completed a ZAR1 billion (USD91.2 million) investment aimed at increasing the speed, capacity and range of its networks in the Western Cape, Business Tech... more
Suitors for America Movil’s (AM’s) surplus assets in Mexico will have to prove they are completely independent from the Carlos Slim-controlled group, beyond simply making sure there are no direct... more
Telekom Austria Group and Telekom Slovenije have agreed to merge their respective Macedonian subsidiaries Vip Operator and ONE, the Vienna-based telco has announced. Telekom Austria will hold a 55% stake... more
According to the director of public relations at Mobile TeleSystems (MTS), Elena Kochanowski, the Russian mobile market leader has no plans to sell a stake in its Ukrainian subsidiary, refuting... more
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