Vodacom drops bid to acquire Neotel
South Africa’s Vodacom has cancelled plans to buy the majority of Neotel’s assets because of “regulatory complexities and certain conditions...
Investments
Tele2 and Kazakhtelecom complete mobile JV
Sweden’s Tele2 and Kazakhtelecom have completed their mobile joint venture deal in Kazakhstan, creating a more robust player with some six million customers, equal...
RCom and Aircel to set up 50-50 mobile JV
Indian telcos Reliance Communications and Aircel, which have been in merger talks since last December, have reportedly decided to pool their mobile assets...
Italian watchdog asks EC to refer 3-Wind review
The Italian antitrust authority has asked the European Commission to allow it to review CK Hutchison’s planned €21.8bn (US$24.6bn) merger of...
Turkcell submits binding bid for Fintur stake
Turkcell has made a binding offer for TeliaSonera’s 58.55% stake in their Eurasian wireless joint venture, Fintur, and its 24% stake in Kazakhstan...
Carlos Newbery plans to offer US$1.1bn for Telecom Argentina stake
Argentine telecoms veteran Carlos Newbery reportedly plans to outbid investment firm Fintech Advisory for Telecom Italia’s controlling stake in Telecom Argentina. Newbery, a former president of Argentine...
Foxconn and Sharp work to resolve deal issues
Taiwanese manufacturer and mobile operator Foxconn has said it is in talks with Japanese electronics maker Sharp to resolve the situation...
Senators say Charter-TWC-Bright House merger “raises serious concerns”
US Democratic presidential candidate Bernie Sanders and four colleagues in the Senate have told the Department of Justice (DoJ) and...
Binding bids for Inwit due 11 March – reports
Telecom Italia has reportedly set a deadline of 11 March for binding bids for a 45% stake in its tower spinoff...
Bharti Telecom to boost Airtel stake to more than 50%
Bharti Telecom, the holding company owned by Indian businessman Sunil Mittal and Singapore’s SingTel, has reportedly decided to boost its...
