Telecom Egypt and Etisalat Misr, the Egyptian subsidiary of the Etisalat Group, have announced the signing of transmission and mobile-to-fixed interconnection deals, described as two first-of-their-kind agreements.
The giant pan-African carrier MTN is enjoying differing fortunes in two of its markets, with expansion on the cards in Nigeria and tax demands making things tricky in Uganda.
America Movil may not be the only player in Mexico’s mobile communications market, but it is by far the biggest. With the announcement from Mexican broadcaster Televisa that it is planning an MVNO offering, however, more competition is on the way.
Bharti Telecom, a holding company for Bharti Airtel, is looking to clear its debts by selling a 2.75% stake in the operator for US$1 billion.
Jamaican operator Digicel has filed for Chapter 15 recognition in a US federal bankruptcy court as it moves to the next stage of its debt restructuring strategy.
A new 5G agreement will see China Mobile sharing network resources with China Broadcasting Network (CBN), granting the market leader access to the TV provider’s 700MHz spectrum.
Angola’s government has issued the country’s fourth mobile licence to Africell Holdings.
Helios Towers is acquiring 65 wireless telecommunications sites in South Africa from Eagle Towers SA.
Mobile money was a key driver of revenue growth for Airtel Africa’s first year-end results since its IPO in July 2019.
Veon has abandoned talks relating to a possible sale of its Armenian unit Veon Armenia (Beeline) to local rival Ucom.
Millicom has terminated its share purchase agreement to acquire Telefonica’s Costa Rican unit, in accordance with the terms of the original deal.
While it registered strong revenue growth in Q1 2020, one-off severance costs resulted in Indosat Ooredoo recording an overall loss.
Telefonica could launch a legal challenge against Millicom if the latter operator fails to honor its planned $570 million acquisition of Telefonica Costa Rica (Movistar).
America Movil registered a loss of MXN29.4 billion ($1.2 billion) in the first quarter after the Mexican peso fell 25% against the US dollar.
Liquid Telecom has partnered with the government of Zimbabwe to deliver a national toll-free ‘2023’ helpline and call centre to support citizens during the Covid-19 pandemic.
Facebook has become the largest minority shareholder in India’s Reliance Jio by acquiring a 9.99% stake in its digital unit for US$5.7 billion.
The launch of the Philippines new third player DITO (formerly Mislatel) is “on track” in spite of the Covid-19 pandemic.
South African operator Vodacom is to spend more than $27 million to add network capacity during the lockdown that is in place while the country tries to manage the spread of the coronavirus.
Ncell has paid off the full NPR22.44 billion (US$182 million) capital gains tax (CGT) bill that it was issued by Nepal’s tax authority.
With India currently in a state of lockdown due to the Covid-19 (coronavirus) pandemic, the country’s telecoms sector is feeling the impact as mobile usage habits change to cope with the shift.
Magyar Telekom, Hungary’s biggest telecommunications company, and Ericsson have launched commercial 5G in Hungary.
Croatia’s Optima Telekom is delaying a stake sale originally scheduled for this year, even if it is able to find a buyer.
United Group has been cleared by the European Commission to acquire Bulgarian operator Vivacom.
The brand value of the world’s biggest companies is set to fall as a result of the Coronavirus outbreak. However, the telecoms sector may not be as hard hit as other sectors, according to the latest analysis by independent brand valuation consultancy Brand Finance.
The government of Niger has announced the award of a 4G licence to operator Zamani Com.
While many other issues face Indian telecoms at the moment, ongoing questions of debt dating back well before this year are still in the news for Bharti Airtel and MTNL.
STC’s attempts to procure a $2 billion loan in order to acquire a stake in Vodafone Egypt have been put on hold due to the Covid-19 (coronavirus) outbreak.
Digicel Group has issued a new restructuring plan intended to cut its debt burden by as much as US$1.7 billion.
Japanese operator NTT Docomo is selling its 6.3% stake in Robi Axiata to Bharti International, marking its full exit from the Bangladeshi market.
Telefonica’s Latin American subsidiary has presented a new buyout offer to minority shareholders in its Peruvian operation.
MTN Group has reaffirmed its intention to reduce its presence in Nigeria, although the ongoing Covid-19 (coronavirus) outbreak may force it to sell off multiple smaller holdings in stages.
Altice Europe’s proposed acquisition of Partner Communications has been scrapped due to disagreements over the timeframe – as well as the backdrop of the global economy in the current Covid-19 crisis.
Telenor Myanmar has complied with a government order to block access to over 200 websites.
UPC Romania is no longer the name of one of Romania’s leading cable companies.
Company registered in England, number 5724661
All content copyright © 2005-2026 Developing Telecoms Ltd. All rights reserved.
// Turnstile not appearing issue