Month: June 2016

Russian billionaire Vladimir Yevtushenkov’s Sistema has said it will buy 17.14% of the shares in Indian telco Sistema Shyam TeleServices (SSTL) from the ...

Finland’s third largest mobile operator DNA has submitted a €120m (US$133m) cash offer for Anvia Telecom, a unit of regional fixed-line telco Anvia, and four ...

Econet Wireless-owned pan-African telecoms group Liquid Telecom has agreed to acquire South African fixed-line operator Neotel from Indian telecoms group Tata Communications for R6.55bn (US$431.6m). Liquid Telecom is ...

US engine maker Aerojet Rocketdyne has consolidated its six business units into either space or defence to shed another US$8m in costs per year. The restructuring ...

US big data startup Orbital Insight has raised a further US$20m to refine its AI-based analysis tools in partnership with five satellite ...

Facebook has hired Google Fiber co-founder Kevin Lo as director of infrastructure connectivity and investments in a move expected to ...

British incumbent BT has appointed Steven Lockwood as its CFO for the Benelux region. He will report to regional CEO Fabrice De Windt, who said Lockwood ...

MTN has appointed Adekunle Awobodu as CFO of MTN Nigeria as the company prepares to pay its Ng330bn (US$1.66bn) fine to ...

India’s Bharti Airtel and Malaysia’s Axiata Group have extended their agreement to merge their Bangladeshi units until 26 September or “such other ...

Eutelsat has unveiled a new strategic plan that will initially focus on cutting costs as it looks to battle through challenging ...