Search results for: +tag:Corporate/Financial

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Amsterdam-based, Russian-backed VEON has terminated its offer to take direct ownership of its Pakistan and Bangladesh mobile operating units currently held via the group’s Egypt-based subsidiary Global Telecom Holding (GTH),... more
Zimbabwe’s state-owned cellco NetOne is reportedly in discussions with Telkom South Africa over the possibility of Telkom becoming a NetOne shareholder. The government of Zimbabwe recently said it is hoping... more
Lattelecom Group has announced that it will be renamed ‘tet’ in spring next year, as the company looks to emphasise its position as a technology and entertainment company, having ‘surpassed... more
Telecom Argentina has informed Reuters that the USD5 billion investment programme unveiled in January this year has been delayed due to fears over the sharp devaluation of the Argentine peso,... more
Brazil’s Administrative Council for Economic Defence (Conselho Administrativo de Defesa Economica, CADE) has approved the takeover of the CEMIG Telecom assets acquired by Algar Telecom in August this year. As... more
The European Commission (EC) has unconditionally approved the proposed merger between Swedish telcos Tele2 and Com Hem. The Commission concluded that ‘the transaction would raise no competition concerns as the... more
The government of Zimbabwe says it wants to fast track the privatisation of state-owned telcos NetOne and TelOne. New Zimbabwe quotes Finance minister Mthuli Ncube as saying: ‘Information on the... more
The Norwegian Competition Authority (Konkurransetilsynet) has approved Sweden-based Telia Company’s takeover of local operators TDC Norway and Get. The merged companies will have around 2.3 million mobile customers, while 1.8... more
Millicom International Cellular (MIC) has announced that it is acquiring an 80% stake in Cable Onda, the largest cableco in Panama. MIC will pay just over USD1.0 billion for the... more
The Central Bank of Nigeria (CBN) has indicated that it may reduce the amount it has ordered MTN Nigeria, the local unit of South Africa’s MTN Group, to refund as... more