Moody’s and S&P weigh in on Avanti’s refinancing as bondholders join board
Avanti Communications’ latest refinancing has been classified as a distressed exchange by ratings agencies with Moody’s taking the view that...
Panasonic Avionics CEO and CFO leave under a cloud as US authorities begin bribery probe
Japanese electronics group Panasonic has promoted Hideo Nakano to CEO of Panasonic Avionics to guide the inflight connectivity provider through turbulent skies after disclosing it is...
Bharti Airtel appoints Bangladesh head Prasanta Das Sarma as Kenya MD
Bharti Airtel has moved its Bangladesh CEO Prasanta Das Sarma to head its Kenyan unit as the Indian telecoms giant mulls divesting some...
Teledyne shrinks loan servicing business
US-based Teledyne Technologies has slashed £280m (US$349m) from the £625m (US$778m) bridge facility it secured in December to buy British...
TalkTalk controlling shareholder Charles Dunstone retakes control of ailing fixed-line operator
The chairman of Dixons Carphone is stepping down from his role in May to become executive chairman of the other British telecoms...
Echostar transfers fibre backhaul and other assets to Dish Network to focus solely on satellite
US-based Echostar is transferring its fibre backhaul network, OTT development unit, and certain other assets to sister company Dish Network to become a pure-play...
Cellnex in €854m buy-and-build deal with Bouygues to expand in “dynamic” French market
Cellnex Telecom has executed on plans to increase its presence in France by signing a deal with local mobile operator Bouygues Telecom that will...
Zain picks Ali Al-Zahid to head Zain Iraq
Kuwait’s Zain has promoted CCO Ali Al-Zahid to CEO of Zain Iraq. Al-Zahid, who replaces Mohammed Al Charchafchi on 1...
Crown Castle issues US$500m bond after completing FiberNet acquisition
US towerco Crown Castle has priced US$500m worth of senior notes due 2027 at 99.578% of their face value to yield 4.051% that...
Saudi Telecom buys towers from Etihad Atheeb Telecom after MoU with Mobily goes cold
Market incumbent Saudi Telecom has agreed to purchase an undisclosed number of towers from fixed-line operator Etihad Atheeb Telecom for SR230m (US$61.3m). The deal...
