Apollo withdraws TDC offer over valuation differences
US private equity firm Apollo Global Management is reportedly backing out of a possible offer for Danish incumbent telco TDC because of valuation ...
Month: December 2016
Northrop Grumman and L-3 Communications refinance ahead of expected boon for aerospace and defence firms
Northrop Grumman and L-3 Communications are tapping the bond markets as Donald Trump’s presidential victory lifts aerospace and defence contractors in the US. The ...
Global Eagle Entertainment launches US$670m debt deal as it eyes next satcoms acquisition
US satcoms provider Global Eagle Entertainment is looking to secure US$670m in debt amid strategic talks to buy “a related business” in a deal ...
Spacecom rents AsiaSat 8 to partially fill Amos-6 void after settling on new sale price with Xinwei
Spacecom has agreed a transponder deal with AsiaSat that will see AsiaSat-8 moved to the Israeli operator’s 4W orbital slot which the ill-fated ...
Telekom Austria buys Belarus fixed-line operators Atlant Telecom and TeleSet in convergence move
América Móvil’s Telekom Austria has agreed to acquire 100% of the shares in the Belarusian operators AtlantTelecom and its subsidiary TeleSet to merge them with its local mobile ...
Vocus names John Allerton as interim CFO, says search to replace Rick Correll permanently is underway
Australian ISP Vocus Communications has named John Allerton (pictured), currently the company’s head of commercial and regulatory, as interim CFO until it finds a permanent replacement ...
Cellnex Telecom closes second batch of towers from Bouygues
Spanish towerco Cellnex Telecom has closed the acquisition of 270 towers from mobile operator Bouygues Telecom for €67m (US$71.1m).The acquisition is part of the second phase agreed ...
Spark buys rest of fibre construction business from JV partner Vocus
New Zealand incumbent Spark has announced today it is acquiring the remaining 50% of Connect 8, a fibre construction entity, from its Australian joint ...
Çukurova: LetterOne violating London arbitration on Turkcell stake sale
Turkish conglomerate Çukurova is accusing rival Turkcell shareholder LetterOne (L1) of violating a court ruling by not buying out its ...
Brookfield enters exclusive talks for 51% of Bharti Infratel
Canada’s Brookfield Asset Management has reportedly made a bid for a 51% stake in India’s second-largest towerco, Bharti Infratel. The private equity firm has ...
