Verizon puts onus on Yahoo to prove hack does not have “material impact” on deal
Verizon has signalled that it may renegotiate or walk away from its $4.8bn acquisition of Yahoo’s core internet assets in the...
Government and Legal
Altice boosts stake in SFR at same exchange ratio as blocked buyout offer
French billionaire Patrick Drahi’s Altice has agreed to acquire an additional 5.21% stake in SFR just 10 days after French market...
Sky TV in partnership talks with 2degrees in bid to secure clearance for Vodafone NZ merger
New Zealand’s Sky Network Television is reportedly in partnership talks over content with the country’s number three mobile operator 2Degrees, as the regulator’s...
China Unicom parent discussing mixed ownership reform plan
China Unicom has confirmed that its state-owned parent company China United Network Communications (Unicom Group) is considering implementing the government’s mixed...
French watchdog deems Altice’s SFR buyout offer “imprecise”
French stock market regulator AMF has explained that it blocked Altice’s planned buyout of its cable and telecoms unit SFR...
Altice considers appealing AMF rejection of SFR buyout
French market regulator AMF has blocked Altice’s planned buyout of minority shareholders in its cable and telecoms unit SFR. Altice CEO...
Orange takes control of Groupama Banque, gears up for own-branded bank launch
French incumbent Orange has received all requisite approvals for its acquisition of a 68% stake in Groupama Banque, which will be...
OTMT contends dispute with financial regulator is harming business
Egyptian TMT tycoon Naguib Sawiris’ Orascom Telecom Media and Technology (OTMT) has said a dispute with the Egyptian Financial Supervisory Authority...
Pakistani senate committee urges gov’t to recover US$800m from Etisalat
Pakistan’s Senate Standing Committee on Information Technology has reportedly called upon the government to ensure it recovers an outstanding US$800m...
Vertical market opportunities – avoiding competition with tech giants
The search for growth areas beyond the core business is a perennial problem for telecoms operators and one made more acute by...
