Helios Towers launches maiden US$600m bond to fund investments and acquisitions
Helios Towers Africa (HTA) debuted US$600m of five-year senior notes to strong investor demand to repay debt and take full control...
Thales enters commercial maritime comms market | Brief
Thales will enter the commercial maritime communications market with VesseLINK, its satellite communications solution. Thales will enter the commercial maritime...
Godfrey Motsa replaces Mteto Nyati at MTN South Africa after fallout from fine
MTN Group has promoted Godfrey Motsa (pictured) to CEO of MTN South Africa following Mteto Nyati’s decision to leave the company for electronics giant Altron. Motsa, who has more than...
Metronet UK buys Venus to boost its London business as data centres continue to consolidate
British connectivity and internet infrastructure provider Metronet UK has acquired fibre network firm Venus Business Communications for an undisclosed sum to boost its presence...
Nigeria braces for new telecoms disgrace as banks target a takeover of Etisalat’s local unit
A consortium of three local banks are reportedly set to takeover Etisalat’s Nigerian unit as the African telco struggles to meet its debt obligations....
Intelsat and SKY Perfect JSAT invest in Kymeta as it announces servicing joint venture
Intelsat has bought a stake in US meta-materials specialist Kymeta, taking their satellite antenna partnership to the next step as the...
Kratos prices underwritten public offering | Brief
US satcoms systems developer Kratos Defense & Security Solutions has priced an underwritten public offering of 10,350,000 shares of common stock at US$7.25 per...
FirstLight expands in eastern US with Finger Lakes acquisition as competition mounts
US-based FirstLight Fiber has acquired data, internet and voice operator Finger Lakes Technologies Group from Trumansburg Telephone Company for an undisclosed sum to boost its fibre...
Stefan de Bruin picked as Paratus Telecom group CFO
Namibian company and Pan African operator Paratus Telecom has appointed Stefan de Bruin (pictured) as CFO. Paratus Telecom said De Bruin is expected to help...
Rostelecom raises stake in SafeData to gain full control as data centres get snapped-up
Russian state-controlled telco Rostelecom will purchase an additional 49.9% of the share capital in SafeData amid an ever-growing global demand for data. The Russian...
