Sky Network Television and Vodafone NZ set to petition watchdog’s merger rejection
Sky Network Television and UK-based Vodafone’s New Zealand unit plan to appeal the Commerce Commission’s (ComCom’s) rejection of their proposed merger to preserve...
Megafon to acquire Euroset from Beeline as it eyes growth in handset sales
Russian telco Megafon is mulling a purchase of the remaining 50% stake in mobile retail chain Euroset from Beeline, the Russian unit of VimpelCom – now...
Oi’s creditors leery of new restructuring plan as proposal turns sour
The new restructuring plan Oi (BMV:OIB4) is set to present to bondholders is likely to be quashed. Oi's creditors, represented by...
SSTL loses CEO Patrick Wood | Executive Moves
British smallsat specialist Surrey Satellite Technology Ltd (SSTL) has promoted Sarah Parker to interim group MD, after Patrick Wood left for a...
Veteran Dave Watson named CEO of Comcast Cable as Neil Smit is promoted to group vice chair
US cable giant Comcast has appointed Dave Watson (pictured) to CEO and president of Comcast Cable, effective 1 April. Watson replaces Neil Smit, who moves into...
Nettle Infrastructure to buy 21.6% stake in Bharti Infratel
Instead of selling to a private investor, Bharti Airtel confirmed it will transfer 21.63% of its stake in India’s second-largest towerco Bharti Infratel to its wholly-owned Nettle Infrastructure Investments unit....
Altice bolts-on Teads for €285m as new group CTO Bruno Zerbib comes on line
Netherlands-based telecoms and media group Altice has purchased online video ad marketplace Teads for €285m (US$308m) to bolster its convergence strategy and capitalise on...
Vodafone India and Idea Cellular tie-up forms telecoms monolith
British telco giant Vodafone has confirmed the merger of its Indian unit with Idea Cellular for US$23bn to create India’s largest telco amid a...
Norsat shares climb after shareholder Privet ups takeover offer
Norsat International’s largest shareholder has increased its offer to take over the Canadian satcoms specialist by US$2.25 to US$10.25 per share, six months after...
Proximus raises €500m with lowest-ever coupon to decent demand
Proximus has sold five-year €500m (US$537m) senior unsecured notes to refinance existing short term debt and upcoming maturities. The Belgian incumbent said the...
