The chief executive of Turkey’s Garanti Bank has stated that several parties have expressed interest in obtaining a stake in Turk Telekom.
Shareholders in Reliance Communications (RCom) have given their support to the proposed sale of its wireless assets to Reliance Jio Infocomm.
After a steep increase in its leasing costs, China Tower has agreed to lower its rates for rental agreements following negotiations with the country’s three main operators, China Mobile, China Unicom and China Telecom.
Malaysia’s three biggest mobile operators have all renewed their 2.1GHz spectrum licences for a fee of MYR118.4 million ($30.5 million) each.
Investment firm Teleology Holdings has reportedly won the bidding for Nigeria’s beleaguered operator 9mobile with an offer of roughly $500 million.
Telenor has announced that it is weighing up an offer that it has received for four of its units in Central and Eastern Europe (CEE).
Bharti Airtel’s acquisition of Millicom’s Tigo Rwanda unit has been approved by Rwanda’s Utilities Regulatory Authority.
Idea Cellular has registered its largest ever quarterly loss, adding to its troubles as it prepares to merge with Vodafone India.
Airtel Nigeria has abandoned a proposed bid for beleaguered operator 9mobile.
Reliance Jio made a profit of US$78m in the last quarter of 2017, its first since launching 15 months ago.
Axiata’s Bangladeshi unit Robi has agreed to a site sharing deal with state-owned Teletalk, one of the country’s smaller operators.
Ukraine’s richest man Rinat Akhmetov has had $820m of his assets frozen in a payment dispute over his purchase of the country’s largest fixed-line provider Ukrtelecom.
Thai market leader AIS and state-run provider TOT have agreed a deal that will allow the former to deliver commercial services using the latter’s 2.1GHz spectrum.
Liberty Global has split off its Latin American unit into a separate entity branded Liberty Latin America to provide it “access to the capital and resources necessary to achieve superior financial and strategic growth”.
Qatar’s Ooredoo has confirmed that it has held discussions over the possibility of acquiring a stake in Turkey’s Turk Telekom, but noted that no tangible progress has been made on the matter.
Indian operator Reliance Jio Infocomm is acquiring the assets of its beleaguered rival Reliance Communications for almost INR240 billion ($3.75 billion).
Underlining its recent affirmation of its commitment to Africa, Bharti Airtel has announced that it will acquire Millicom’s Rwandan unit.
Philippine Telegraph & Telephone (PT&T) and state-run National Transmission Corp (TransCo) have expressed interest in partnering with China Telecom when it enters the country’s mobile market.
Oi’s proposals to exit bankruptcy protection via restructuring have been approved by two of its main creditor groups.
Vodafone India and Idea Cellular are reportedly making “closing adjustments” to their merger agreement ahead of its closure in 2018.
Bharti Airtel has dismissed reports that it planned to pull out of three unprofitable markets in Africa, but has confirmed that it would consider merging with competitors in some countries.
Bharti Airtel and Globacom have been revealed as two of the operators bidding for 9mobile – formerly Etisalat Nigeria.
Brazilian regulator Anatel has pinned China Mobile as a potential investor in the country’s beleaguered operator Oi, which would see the Chinese operator facing off with its rival China Telecom.
Tunisia’s Minister of Communications and Digital Economy Anouar Maarouf has stated that the UAE’s Abraaj Group has obtained a 35% stake in Tunisie Telecom.
PLDT’s chairman and CEO Manuel Pangilinan has stated that the company may form a strategic partnership with a Chinese firm, either for its digital arm Voyager Innovation or for the operator as a whole.
Reliance Jio’s Reliance Jio’s disruptive entry into the Indian market forced India’s incumbent operators to write off investments of $40-$50 billion, according to Bharti Airtel chairman Sunil Bharti Mittal.
Econet is reportedly considering listing $1 billion in shares on the London Stock Exchange, while its discussions over potentially acquiring some of Millicom’s African assets are ongoing.
The CEO of Brazil’s beleaguered operator Oi has resigned two weeks ahead of a crucial creditor meeting.
Bharti Airtel is among the operators interested in acquiring assets and spectrum from Reliance Communications (RCom).
The board of Brazilian operator Oi has revised its proposals for restructuring its debt after its creditors shot down its previous suggestions.
As Altice prepares to sell off some of its non-core assets to write down its €51 billion of debt, its Dominican Public unit has emerged as the most likely first casualty.
The Competition Commission of India has given the green light to Bharti Airtel’s acquisition of Tata Sons’ consumer mobile operations.
Omantel has increased its holding in Zain Group, obtaining a 12.1% stake for $1.35 billion.
Vodafone Cameroon has been officially shuttered with immediate effect, with its parent firm Afrimax stating that it “reluctantly concluded that it was no longer commercially viable to return” to the market.
Company registered in England, number 5724661
All content copyright © 2005-2026 Developing Telecoms Ltd. All rights reserved.
// Turnstile not appearing issue