Search results for: +tag:Corporate/Financial

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Norwegian telecoms giant Telenor Group has published its financial results for the quarter ended 30 June 2018, highlighting the impact of its efforts to increase efficiencies in its business, and... more
Sweden-based Telia Company has struck a deal to acquire Norwegian operators GET and TDC Norway at an enterprise value of NOK21 billion (USD2.6 billion), on a cash and debt free... more
Polish cableco Vectra has acquired a 66.5% stake in local TV services provider SGT for around PLN48 million (USD13 million). Vectra bought 1.37 million shares from 3S Group and 3S... more
MTN Group has agreed to sell its Cypriot unit to Monaco Telecom – 55%-owned by French billionaire Xavier Niel – for EUR260 million (USD304 million), thus valuing the division at... more
Russian cellco MegaFon announced today that its Board of Directors have determined that ‘remaining a public company is not a strategic priority’, and has approved a programme for a subsidiary... more
AT&T Inc CEO Randall Stephenson has said that last week’s decision by the Department of Justice (DoJ) to appeal the court approval of AT&T’s USD85 billion takeover of Time Warner... more
Malaysia-based telecoms group Axiata has announced a deal which will see it divest its entire 89% stake in Multinet Pakistan. In a stock exchange filing confirming the development, Axiata revealed... more
Japanese business group Mitsui & Co has increased its stake in Cambodian mobile operator Smart Axiata from 10% to 20%, reports Nikkei Asian Review. In May last year Malaysia’s Axiata... more
Kazakhstan’s Committee on Regulation of Natural Monopolies & Protection of Competition (CRNM or KREMZK) has given conditional approval to fixed line incumbent Kazakhtelecom’s (KT’s) proposed takeover of a controlling 75%... more
Vodafone Greece has announced the completion of its buyout of local fixed line operator and MVNO Cyta Hellas from Cyprus Telecommunications Authority (Cyta). Vodafone was named as the preferred bidder... more