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T-Mobile US and Sprint Corporation have announced that they have successfully received approval from the Committee on Foreign Investment in the United States (CFIUS) for their proposed merger transaction. Additionally,... more
Etihad Etisalat (Mobily), Saudi Telecom Company (STC) and Zain Saudi Arabia have reached an agreement with the Ministry of Finance, the Ministry of Communications and IT (MCIT) and the Communications... more
Sweden’s Tele2 Group has secured a SEK2 billion (USD220 million) loan with the Nordic Investment Bank (NIB) for the financing of its recently completed merger with Com Hem. The agreement... more
MegaFon Finance, a wholly owned subsidiary of Russian mobile operator MegaFon, has submitted a mandatory tender offer to acquire minority shares of the company to the Central Bank of Russia... more
New York-based ‘activist investor’ Elliott Management has denied reports linking it with a takeover of Spanish telecoms giant Telefonica, El Espanol reports – citing a statement from a company official.... more
Millicom International Cellular (MIC) has announced that it has filed a 20-F registration statement with the US Securities and Exchange Commission (SEC) ahead of its planned listing of common shares... more
Millicom International Cellular (MIC) has announced that it has closed the acquisition of the 80% controlling interest in Cable Onda, the largest cable and fixed telecom line service provider in... more
India’s Supreme Court has dismissed a request from Reliance Communications (RCOM) for a further extension on its obligation to pay dues to Swedish equipment manufacturer Ericsson. The Economic Times writes... more
In an announcement posted on social media last week, Tonga’s Minister of Public Enterprises and the board of Tonga Communications Corp (TCC) have confirmed that the telco generated a profit... more
State-owned operators Bharat Sanchar Nigam Limited (BSNL) and its smaller sister firm Mahanagar Telephone Nigam Limited (MTNL) have reported widening net losses, the Economic Times writes, citing statements from Telecom... more