“We believe the runway is still considerable”
US-based Phoenix Tower International (PTI) has sought to grow both organically and via M&A and is currently focused on infrastructure...
Financing
Oi uncertain of reaching agreement with bondholders
Brazilian telco Oi (BVMF:OIBR4) has said it has not reached an agreement with bondholders on the terms of a potential...
Thailand pledges Bt5bn for submarine cable partnership with Tata
Thailand’s state-owned telco CAT Telecom and Indian telecoms group Tata Communications are set to ink a submarine cable partnership, according to local reports. The Thai government...
Windstream halves stake in CSL to cut debt, plans to offload remaining shares
US telco and ISP Windstream (NASDAQ:WIN) has transferred about half its shares in real estate investment trust (REIT) spinoff Communications...
Apollo Towers inks US$250m OPIC loan
Myanmar’s Apollo Towers has secured a loan of up to US$250m from the US government’s Overseas Private Investment Corporation (OPIC)...
Iran’s TCI inks €1bn vendor financing deal – report
Iranian fixed-line incumbent Telecommunication Company of Iran (TCI) has reportedly signed a €1bn (US$1.13bn) financing agreement with a foreign vendor and...
Telefónica’s German and Peruvian units secure financing
Telefónica Deutschland has inked a €450m (US$505m) financing agreement with the European Investment Bank (EIB) to modernise and expand its mobile network following...
Comtech launches US$100m share issue to repay TCS takeover loans
US satcoms equipment maker Comtech has hired underwriters to sell up to US$100m of shares to help repay debt under its secured credit...
Kcell signs KZT10bn credit line agreement
Kazakhstan operator Kcell has entered into a credit line agreement with Alfa Bank for KZT10bn (US$29.7m), securing the first tranche of KZT6bn (US$17.8m)...
Com Hem issues SKr1.75bn bond
Swedish cableco Com Hem's subsidiary NorCell has issued SKr1.75bn (US$ 212.3m) worth of senior unsecured notes. The notes have a fixed rate coupon of 3.625%, mature...
