Enterprise Ecosystems

India's largest integrated telecom service provider Reliance Jio will support automotive solutions designed to deliver an array of consumer and enterprise services.

Bahrain Telecommunication Company (Batelco) reported an increase of 5% in net profits to BD37.5 million ($99.5 million) for H1 2021.

United Arab Emirates (UAE) telecoms group Emirates Telecommunication Group Company (Etisalat) has recorded a 3.9% rise in first-half net profit after federal royalties to AED4.7 billion (USD1.28 billion).

Qatari multinational telecommunications company Ooredoo has posted strong financial results for the first half (H1) of 2021, maintaining its growth momentum despite operational challenges caused by the COVID-19 pandemic.

A1 Bulgaria, the GSM mobile phone operator in the country, has signed a new contract for the Bulgarian market together with the specialist in Conversational AI (CAI) for the enterprise Artificial Solutions and its partner Microsoft.

Serbian state-owned telecommunications operator Telekom Srbija is in talks to acquire Posta Net, the cable TV and internet business of another government-owned entity, Posta Srbija.

Brazilian internet service provider (ISP) Unifique Telecomunicações said it raised BRL818 million ($158 million) in an initial public offering (IPO) after pricing its shares at BRL8.60 each, not far from the bottom end of the indicative range.

The China Securities Regulatory Commission (CSRC) approved a listing by China Telecom on the main board of the Shanghai Stock Exchange six months after the company was delisted from the New York Stock Exchange (NYSE).

Telecom company Lumen Technologies is selling its Latin American network services to private equity firm Stonepeak Partners for $2.7 billion.

Argentina-based private holding company Grupo Werthein has reached an agreement to acquire AT&T's Vrio digital entertainment services business in Latin America.

Brazilian telecommunications company Algar Telecom, a telecommunications and technology company belonging to the Algar Group, has just launched Controle de Ponto, an electronic timesheet digitalization solution, developed in partnership with Tangerino, a company specializing in workday management technology.

Malawi’s mobile and information and communications technology (ICT) services provider Telekom Networks Malawi (TNM) invested over MWK31.5 billion (USD38.5 million) in infrastructure during the year 2020 as part of its ongoing effort of developing a sustainable business.

The telecommunications giant operating in seven markets across the Middle East and Africa (MENA) region said that its quarterly net profits increased by 17% to reach 41 million dinars (US$138 million).

TransTeleCom (TTK), which operates one of the largest fibre networks in Russia, which is more than 78,000 km long, wants to sell its residential (B2C) operations by the end of October.

The Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund (SWF) owned by the Emirate of Abu Dhabi, has acquired a stake in EdgePoint Infrastructure, a telecom towers platform focused on Southeast Asia.

Nepal Doorsanchar Company or Nepal Telecom (NTC), a state-owned telecommunications company, is set to shut down WiMAX internet service based on wireless technology later this year after failing to succeed commercially.

Deutsche Telekom-owned Croatian telco Hrvatski Telekom and Zagrebacka Banka (ZABA) have signed an agreement with Telemach Hrvatska (priorly TELE2) owned by United Group on the sale and purchase of the shares of the Optima Telekom.

Publicly-listed Filipino telecom, media, and tech conglomerate Now Corporation has increased its stake in affiliate, Now Telecom Company Inc. (NTCI), to prepare for the global post-pandemic turnaround.

Spanish telecommunications tower operator Cellnex has closed the acquisition of the Polish infrastructure company Polkomtel Infrastruktura for some 1.6 billion euros after receiving the green light from Poland's competition watchdog UOKiK.

Brazilian telecom operator Mhnet has finalised the purchase of three regional ISPs -Optinet, Frosinet, and GW Telecom - and expanded its presence. The value of the business was not revealed.

Indian telecom operator Vodafone Idea Limited, doing business as Vi, is engaging with private equity giants TPG Global, Apollo Global, and Carlyle Group to sell You Broadband along with fibre and data centre assets to raise US$1 billion.

Grain Management, a private equity firm focused on digital infrastructure, has acquired Conexao Group, a Brazilian alternative high-speed internet service provider (ISP) operating in the Northeast and Southeast regions of Brazil, from ACON Investments, a private equity firm.

Cash-strapped Indian telco Vodafone Idea, rebranded as Vi, is planning to ease its financial woes by selling its fixed-line broadband subsidiary, optic fibre unit, and data centres business.

An interesting, and apparently continent-wide, communications deal has been announced involving the Pan African Postal Union (PAPU) and Spanish technology services company Lleida.net.

Indian mobile provider Vodafone Idea (Vi) posted a loss of INR 6,985.1 crore (USD939.5 million) for the three months to end-March 2021 and raised concerns over its ability to service debt and pay adjusted gross revenue (AGR) and spectrum dues.

Russia’s largest mobile operator Mobile TeleSystems PJSC (MTS) has acquired compatriot service provider Multiregional TransitTelecom (MTT) for RUB 5.0 billion (US$69 million) on an enterprise value basis.

Angola Telecom (AT), a telecommunications and Internet service provider of Angola, will again become a shareholder of the compatriot mobile phone company Movicel after leaving the company at the end of 2019, due to the huge debt that the company has with the national telecom operator.

Announced last May, the purchase of Vogel Telecom by compatriot telecommunications provider Algar Telecom received an unrestricted approval report by Brazilian regulator Cade's General Superintendence (SG).

Tecnotree has landed a digital transformation contract with MTN Group covering several African markets.

PPF Telecom Group, a strategic PPF Group vehicle used to consolidate investments in telecommunications, has increased its stake in the telecommunications provider O2 Czech Republic (Czechia) and now wants to take the firm private.

Bahrain Telecommunications (Batelco) confirmed it conducted a preliminary assessment of the merits of dual listing, but clarified that as of now there is no filing with any stock exchange.

Oman’s telecommunications services provider Omantel, and Huawei, the global provider of information and communications technology (ICT) infrastructure and smart devices, have collaborated to establish a regional ICT training center to support talent development in the Sultanate.

Viasat World has signed a renewal agreement with the telecommunication company Digi Group for the distribution of its channels on Digi TV’s digital cable, satellite, and Digi Online platforms in Hungary and Romania, and on IPTV in Hungary.