Search results for: +tag:Corporate/Financial

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Morocco’s Maroc Telecom announced on its investor website today that it has completed the acquisition of an additional 10% of shares in its Burkina Faso subsidiary Onatel, taking its total... more
A Ukrainian court has reversed a previous legal judgement which ‘froze’ the 92.79% controlling stake in nationwide fixed operator Ukrtelecom held by domestic conglomerate SCM as part of an investigation... more
Following the news in January that Russia’s largest fixed network operator Rostelecom had received antimonopoly clearance to place a takeover bid for B2B telecoms operator Avantel, a rival bid has... more
Spanish telecoms giant Telefonica has hired Bank of America Merrill Lynch and Morgan Stanley to run the initial public offering (IPO) of its Telefonica de Argentina (TdA) subsidiary, Bloomberg reports,... more
Spanish-backed full-service provider Movistar Peru has announced plans to invest PEN1.4 billion (USD432 million) this year to improve its fixed and mobile infrastructure. El Comercio quotes CEO Pedro Cortez as... more
Telecom Egypt has no immediate plans to divest its stake in Vodafone Egypt, Bloomberg reports, citing the telco’s senior investor relations director. With Telecom Egypt reportedly focused on growing its... more
Italian wholesale network operator Open Fiber has signed a EUR3.5 billion (USD4.3 billion) finance deal with three lenders to help fund its ongoing broadband infrastructure rollouts. The seven-year agreement with... more
The government of Zimbabwe has announced plans to privatise a large number of state-backed firms, including its assets in the telcoms sector. Cellcos NetOne and Telecel and fixed line operator... more
In an interview with L’Echo, Telenet CEO John Porter has said that ‘Telenet is the best possible partner for VOO’, writes De Tijd. There has been growing takeover speculation surrounding... more
Belarusian telco VELCOM (formerly Mobile Digital Communications) has revealed plans to acquire 100% of shares in Vitebsk-based regional cable TV and internet provider JSC Vitebsk Oblast Techno-Trade Center Garant (Garant).... more