Search results for: +tag:Corporate/Financial

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Orange Cote d’Ivoire says it plans to invest XOF180 billion (USD312 million) in 2019-20 to improve and expand its networks and services. A report from Reuters cites Orange Cote d’Ivoire’s... more
A senior official at state-owned telco Bharat Sanchar Nigam Limited (BSNL) has sent an urgent request to the government for a cash infusion to ensure that the company can continue... more
South Africa-based Vodacom Group has announced that as part of a strategic ‘repositioning’ of its Vodacom Business Africa operation, it is selling off its enterprise businesses in Nigeria, Zambia, Angola,... more
Reliance Industries Limited (RIL) is considering an initial public offering (IPO) of its Indian telecoms division Reliance Jio Infocomm (Jio), the Economic Times writes, citing people familiar with the matter.... more
Despite holding advanced talks with satellite TV giant DISH Network over the regulator-mandated sale of pre-paid provider Boost Mobile, T-Mobile US and Sprint have formulated a back-up plan to ensure... more
Greek telco OTE Group has increased the capital of Telekom Romania Mobile Communications by EUR800 million ahead of a potential sale, reports Ziarul Financiar. OTE, which owns 70% of the... more
Telecom Italia (TIM) has confirmed that it has signed a non-disclosure agreement (NDA) with Cassa Depositi e Prestiti (CDP) and Enel aimed at starting discussions to evaluate possible forms of... more
Two feuding shareholders of Telecom Italia (TIM) could be set to reconcile their differences and work together towards a common strategy. A report from Bloomberg cites ‘people familiar with the... more
Azerbaijan-based energy group SOCAR has completed the 100% acquisition of Turkish broadband and telephony operator Millenicom. The deal, agreed in January and receiving regulatory approval last month, was part of... more
US satellite TV giant DISH Network is in talks to buy selected wireless assets owned by T-Mobile US and Sprint for at least USD6 billion, Bloomberg reports, citing people familiar... more