India’s largest private sector company Reliance Industries is acquiring open telecom solutions provider Radisys for US$1.72 per share in cash.
Q1 2018 saw Reliance Jio surpass Vodafone India as the country’s second largest operator in terms of “access service gross revenue”, according to TRAI (Telecom Regulatory Authority of India).
Vodafone Ghana will list on the local stock exchange once it has agreed a deal with the country’s government to restructure its debt.
Two Nigerian operators have stated their opposition to Visafone transferring its licences and assets – including a holding of 800MHz spectrum – to MTN Nigeria.
Bharti Airtel has shelved a possible merger of its Kenyan unit with Telkom Kenya after the operators failed to reach an agreement on an investment roadmap, among other issues.
Zet Mobile has completed its acquisition of Veon’s 98% holding in Tajikistani mobile operator Tacom.
After the Ethiopian government declared its intention of allowing domestic and foreign investment in the state-run operator Ethio Telecom, both Vodacom and MTN have indicated their interest in the market.
The heads of two Tanzanian operators have reportedly been charged with fraud, along with four unnamed suspects.
MTN has stated that it “continues to defend itself” as the investigation into its entry to the Iranian market grows more intense.
MTN has launched an IPO for a 35% stake in its Ghanaian unit.
Indian operator RCom (Reliance Communications) has agreed to pay INR5.5 billion ($81.3 million) to Ericsson to settle its debt to the Swedish firm.
Telecom Egypt has signed a long-term financing agreement with a number of Chinese financial institutions, including Bank of China and China Export & Credit Insurance Corporation.
The government of South Africa appears to be reconsidering its planned sale of a stake in mobile operator Telkom, of which it holds 40.5%.
Following a successful LTE deployment supported by the government of Rwanda, South Korean operator group KT has pledged to increase connectivity in more African markets.
The government of the Philippines has again pushed back its scheduled allocation of a third mobile licence, with a third operator now expected to be chosen in September.
India’s smallest mobile operator MTNL is lining up an INR1.9 billion ($27.9 million) investment to upgrade its network.
After being hit with bankruptcy proceedings following a request by Ericsson, RCom (Reliance Communications) is now attempting to settle its $150 million debt to the Swedish vendor outside of court.
Vodafone India saw a significant drop in service revenue over the past fiscal year.
A fire which broke out at an Orange technical centre in Abidjan, Cote d’Ivoire has been deemed an act of professional “sabotage” by the operator group.
China’s state-owned tower firm China Tower has applied for an initial public offering (IPO) in Hong Kong.
Veon has reported “good operational performance” across its operations in Pakistan, Russia and Ukraine despite seeing losses due to currency devaluation in certain markets.
Bharti Airtel has finally completed its acquisition of Telenor India after receiving the relevant regulatory approvals.
Virgin Mobile Middle East and Africa (VMMEA) has received $30 million in financing, which it will use to fund its expansion across the region.
Virgin Mobile Latin America is actively seeking a buyer after discussions regarding a potential take-over by Telefonica fell through.
Bharti Airtel’s bid to acquire Telenor India looks set to go ahead following a ruling by India’s Supreme Court.
American Tower is acquiring as many as 723 towers from Telkom Kenya, marking its entry into the East African market.
Idea Cellular has effectively been cleared to increase its foreign direct investment (FDI) by both the Reserve Bank of India (RBI) and the country’s Department of Industrial Policy and Promotion (DIPP) - a crucial step towards final clearance for its merger with Vodafone India.
The latest revelation in the ongoing saga of Teleology Holdings’ acquisition of Nigeria’s 9mobile indicates that the winning bid for the unit was in fact $200 million less than initially reported.
Saga Africa Holdings has completed its acquisition of Millicom’s Tigo Senegal operations.
Indian operator Reliance Jio has turned a profit for the second consecutive quarter, with its total earnings for the last financial year reaching INR7.23 billion ($108 million).
Etisalat and CK Hutchison are merging their operations in Sri Lanka to improve their services in the market.
Bharti Airtel is set to combine its towers unit Bharti Infratel with the operations of Indus Towers.
Telenor India could be forced into bankruptcy, as it has amassed heavy losses while waiting for the long-delayed approvals that would enable it to be acquired by Bharti Airtel.
A Nigerian federal court has ruled that Teleology Holdings’ acquisition of the beleaguered operator 9mobile must be halted until a shareholder dispute has been settled.
Company registered in England, number 5724661
All content copyright © 2005-2026 Developing Telecoms Ltd. All rights reserved.
// Turnstile not appearing issue