Month: December 2016

Malaysia’s Axiata Group has promoted Yap Wai Yip to group acting CFO, replacing head of finance Chari Thandalam Veeravalli Thirumala who retired at the end of 2016. Yap (pictured), ...

Saudi Telecom (STC) has reportedly hired JP Morgan to consider increasing its stake in Türk Telekom’s largest shareholder Oger Telecom. The deal would help Oger Telecom ...

Thai state-owned telcos CAT Telecom and TOT are reportedly discussing a merger of their mobile units. CAT president Sanpachai Huvanandana told Thai newspaper the Nation ...

Türk Telekom has secured a US$120m nine-year loan with Raiffeisen and Unicredit under the insurance coverage of Swedish export credit agency EKN. The loan pays an annual interest ...

Megafon‘s board has approved the acquisition of a majority voting stake in local internet group Mail.ru for US$740m from billionaire Alisher Usmanov, ...

DigitalGlobe has refreshed its debt structure for the first time since its 2013 acquisition of rival GeoEye, as CFO Gary Ferrera looks to ...

A Chinese consortium led by Jiangsu Sha Steel Group has bought a £2.4bn (US$2.9bn) stake in cloud computing giant Global Switch as rising data ...

Swiss telco Sunrise has received consent to reprice and extend its SFr1.36bn (US$1.33bn) term loan B and SFr200m (US$195m) revolving credit ...

US broadband and business communications provider Consolidated Communications has secured an incremental term loan of up to US$935m to help fund its US$1.5bn acquisition ...

The UK government is using subsidies clawed back from incumbent telco BT and cash from “efficiency savings” to invest £442m (US$543m) ...