Ewe fires CEO Matthias Bruckmann over misconduct
German operator Ewe has dismissed its CEO Matthias Bruckmann (pictured) after a KPMG audit uncovered alleged wrongdoing. The Ewe Supervisory Board, which...
Antitrust authority quashes Sky’s tie-up with Vodafone New Zealand despite their promise of innovation
The Commerce Commission has declined to grant clearance for the proposed NZ$3.44bn (US$2.45bn) merger of Sky Network Television and Vodafone New Zealand claiming the...
Bharti Airtel buys Telenor India but still slips behind the size of Vodafone-Idea
India’s largest mobile operator Bharti Airtel has purchased Telenor's local unit as fierce rivalry and price disruption from newcomer Reliance Jio Infocomm continues to spur...
Croatia’s Vipnet closes Metronet buy to boost convergence play
Telekom Austria’s Croatian unit Vipnet has completed its acquisition of local fixed-line provider Metronet telekomunikacije after receiving regulatory approval. Vipnet CEO Jiří Dvorjančanský (pictured) said...
Telecom Egypt hungry for cash to fuel 4G expansion
State-owned fixed-line operator Telecom Egypt is seeking to increase its E£8bn (US$500m) loan to E£13bn (US$820m) to pay its 4G licence and...
Banks discard Saudi Telecom solution for Turkish debt problem
Lenders have reportedly abandoned Saudi Telecom’s proposal to resolve a dispute over an instalment payment missed by Otas last year prolonging the debt stalemate....
Telkom mulls US$1bn Cell C bid to become a strong opponent to Vodacom and MTN
South African incumbent Telkom is reportedly contemplating a US$1bn bid for rival Cell C in an attempt to help the operator recapitalise after defaulting...
News briefs from Issue 210
A round-up of news briefs that featured in Issue 210 of SatelliteFinance. A round-up of news briefs that featured in...
Verizon gets a US$350m discount on Yahoo deal following massive data breaches
Yahoo has agreed to cut US$350m off its original US$4.83bn sale price to appease its prospective buyer Verizon. It comes after two...
Telefónica maintains controlling stake of Telxius after €1.3bn sale to KKR
Spain’s Telefónica has agreed to sell a stake in its towerco Telxius to private equity firm KKR €1.27bn (US$1.34bn) to consolidate its accounts and reduce its...
