2016 Year in Review: Closed Transactions
TelecomFinance compiles closed M&A transactions for each quarter and full year. The 2016 year in review table ran in TelecomFinance Issue 251....
Financing
Avaya files for bankruptcy protection as it wrestles with US$6.3bn debt pile
US-based business communications provider Avaya and several of its subsidiaries have filed for bankruptcy protection in a bid to restructure its US$6.3bn debt...
Saudi Telecom to loan US$160m to cover Ojer Telekomunikasyon’s default
Saudi Telecom has reportedly offered a US$160m loan to subsidiary Ojer Telekomunikasyon to pay interest on an instalment it defaulted on last year....
Axiata’s edotco finalises largest towerco private placement of 2016 to fuel acquisitions
Axiata Group’s infrastructure subsidiary edotco has finalised the US$600m equity private placement deal that marked the largest of its kind for 2016...
Econet Wireless Zimbabwe in US$130m rights issue to avoid default
Econet Wireless Zimbabwe aims to raise US$130m from shareholders as the dollar crunch has made it difficult for the country's largest...
Bondholders claim Oi’s restructuring plan favours existing shareholders in court objection
Oi bondholders represented by Moelis have presented a motion to a Rio de Janeiro court to object to the telco’s reorganisation plan...
Oi tries second haircut as it looks to swap US$1.55bn of debt into equity
Struggling Brazilian telco Oi is reportedly looking to exchange R$5bn (US$1.55bn) of bondholder debt into equity. Oi, is negotiating with creditors how much would that...
Global Telecom Holding browses for US$200m loan to buy 10% issued share capital
VimpelCom-controlled Global Telecom Holding is buying back 546.6 million treasury shares for E£4.14bn (US$220.4m) to acquire up to 10% of its total...
Mandate Table Issue 251
TelecomFinance compiles the latest M&A and financing deals by country, company, mandate, and mandated. This Mandates Table ran in TelecomFinance Issue...
Italian ISP Linkem lands €100m investment to expand ultrabroadband network
Italian fibre-to-wireless broadband provider Linkem has secured a €100m (US$106m) equity investment from funds managed by BlackRock, the world’s largest...
