Indian operator Aircel may have no other option but to shutter its operations following the collapse of its merger with Reliance Communications (RCom).
Telia has hit out at the Latvian government’s rejection of its proposal to combine local mobile operator LMT with fixed provider Lattelecom.
The Qatar Foundation has announced plans to shift its 5% stake in Indian market leader Bharti Airtel for around $1.5 billion.
China Telecom is reportedly considering an acquisition of a majority holding in Brazil’s Oi for BRL20 billion ($6 billion).
Orange has announced the opening of two very large-capacity IP and IPX Points of Presence (PoP) in South Africa.
Asset management company Brookfield Infrastructure has scrapped its $200 million deal with Reliance Communications (RCom) following the collapse of the Indian operator’s merger with Aircel last month.
MTN CEO Rob Shuter has stated he expects the group’s initial public offering (IPO) of its Nigerian unit to be complete within six months, given the progress of preparations.
Telia Company has fully divested its holding in Russia’s market leader MegaFon, selling its 19% stake in the operator for RUB60.4 billion ($1 billion) to investment bank Gazprombank.
MTN Group has hit out at a “baseless” $4.2 billion lawsuit launched against it by Turkcell in 2013.
Zain CEO Bader Nasser Al-Kharafi has confirmed that the firm will continue to sell off its infrastructure assets in pursuit of more lucrative investment strategies.
Reliance Communications (RCom) is reportedly mulling over whether to shut down some or all of its wireless operations.
PLDT and Globe Telecom’s joint acquisition of the telecom assets of San Miguel Corp (SMC) has been ruled legal by the Philippines’ Court of Appeals.
Sixteen firms have registered their interest in acquiring Nigerian operator 9mobile, formerly Etisalat Nigeria.
Wataniya Mobile - Ooredoo Group’s operating company in Palestine - has officially launched its operations in Gaza.
Indonesian market leader Telkomsel has acquired a 30MHz block of 2.3GHz spectrum for IDR1.01 trillion ($75 million).
Naguib Sawiris of Orascom, Egypt’s largest private sector employer, is seeking to annul the latest ICSID ruling in its long running dispute with the Algerian government.
Bharti Airtel has reached an agreement to acquire Tata Sons’ consumer mobile units.
Kuwait’s Zain has partnered with Towershare in a deal to sell and lease back its local mobile towers to IHS Holding Limited for US$165 million.
Omantel has signalled its aim to acquire a further 12% holding in Zain Group by signing a letter of intent with Zain shareholder Al Khair National for Stocks and Real Estate (Al Khair).
Tata Teleservices is being shuttered by its parent company Tata Sons, with regional unit chiefs told that operations will be closed by March 2018.
After its proposed merger with Aircel collapsed, Reliance Communications (RCom) is weighing up whether to sell its tower unit in its entirety to Brookfield Asset Management.
Two of India’s Big Three have filed a legal challenge against the Telecom Regulatory Authority of India’s decision to significantly reduce interconnect charges ahead of scrapping them altogether.
India’s Reliance Communications has pulled out of a tabled merger deal with Aircel, citing “inordinate delays caused by legal and regulatory uncertainties”.
India Ratings and Research has calculated that TRAI’s recent slashing of India’s interconnect charges will result in a 4%-5% reduction in EBITDA for the country’s top three operators.
9mobile’s thirteen bank creditors are working together to enable a sale of the operator by the end of the year.
The Ghanaian subsidiaries of Millicom and Airtel are on course to merge, with the proposal receiving conditional approval from the country’s National Communications Authority (NCA).
Vodafone Group is lining up a bid for a mobile operating licence in Zambia with the goal of expanding its offering in the market.
Telia has paid almost $1 billion to settle the investigation into its activities in Uzbekistan.
Kenyan market leader Safaricom is looking to expand across Africa via its mobile payments and e-commerce offerings.
Nigeria’s operators are looking to recoup the revenue that they have lost to OTT services and offset rising operating costs by doubling their tariffs.
Telefonica Colombia will generate capital of around €1.8 billion as it attempts to write down debt as well as settle a fine issued to it earlier this year.
STC is believed to be the most likely candidate to obtain a 55% stake in Turk Telekom from the operator’s beleaguered majority shareholder Oger Telecom.
India’s tax authorities have issued a tax bill totalling INR79 billion ($1.23 billion) to CK Hutchison’s international telecoms unit.
Zong, Pakistan’s largest 4G operator, is planning further network expansion in Q4 2017 as it reinvests its revenues.
Company registered in England, number 5724661
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