Search results for: +tag:Mergers/Acquisitions

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Remgro, the investment vehicle of South African billionaire Johann Rupert, is in advanced talks to buy fibre-optic provider Vumatel in a bid to consolidate the country’s broadband infrastructure industry, according... more
South Africa’s MTN Group may exit markets that are not ‘self-funding’ as CEO Rob Shuter embarks on a review of its international portfolio. In a separate interview with, CFO... more
India’s National Company Law Tribunal (NCLT) has accepted Aircel’s bankruptcy petition, paving the way for an ‘ Insolvency Resolution Professional ( IRP)’ to be nominated, the Economic Times writes. Whilst... more
Private equity giant TPG Capital, local mobile player 2degrees and utility-provider-turned-ISP Trustpower are all in the running for Vocus New Zealand as the asset auction enters its second round, the... more
The board of directors at cash-strapped Brazilian telecoms company Oi has approved the terms of a debt-for-equity swap endorsed by creditors. In a securities filing, Oi said the board has... more
Dutch telco KPN has reached an agreement to sell its US-based wholesale carrier subsidiary iBasis to Tofane Global, a Paris-based telecommunications and digital player specialising in international carrier services, for... more
Fintur Holdings, which is jointly owned by Sweden’s Telia Company (58.55%) and Turkcell (41.45%), has sold its 51.3% stake in Azerbaijani cellco Azercell to Azintelecom (itself wholly owned by the... more
Serik Zhumangarin, vice minister of the economy of the Republic of Kazakhstan, has given an update on the current status of national telco Kazakhtelecom’s bid to take over mobile operator... more
An arbitration court has restrained Reliance Communications (RCOM) from selling or transferring any of its assets without its permission, potentially blocking plans agreed by the company and its lenders to... more
Russia’s Sistema group, parent of Mobile TeleSystems (MTS), has had its shareholdings ‘released’ by an arbitration court, after a previous decision ordered the ‘arrest’ of part of its stake in... more