Tigo Senegal denies Wari stuck to payment plan for US$129m acquisition
Tigo Senegal has hit back at Wari, publicly refuting the Senegalese money transfer firm’s claim that it had made payments on time...
Space Services
Wari challenges Millicom on terminated US$129m Tigo Senegal acquisition
Senegalese financial services firm Wari is reportedly planning legal action against Millicom after US$129m plans to buy its Tigo Senegal mobile unit were scrapped. Wari disputes claims that it...
African Rainbow Capital takes a 20% position in South African operator Rain
African Rainbow Capital, a South African investment firm created by billionaire Patrice Motsepe, has taken a 20% equity position in...
RCS&RDS CEO accused of money laundering offence
The CEO of recently listed Romanian cableco RCS&RDS has been indicted for money laundering, the company’s parent Digi Communications announced. The Romanian National...
Xavier Niel group swoops in for Tigo Senegal as sale to local firm Wari is scrapped
A consortium including serial telecoms investor Xavier Niel has snatched Millicom’s Senegalese mobile operator from local financial services firm Wari, which had agreed...
AT&T announces leadership team as Time Warner merger nears closure | Executive Moves
AT&T has made several executive appointments ahead of the US telecoms giant’s US$85.4bn acquisition of cableco Time Warner, after pricing one of the largest bonds...
Tele2 exits Austria in US$112m deal to focus on owning infrastructure
Swedish telco Tele2 has sold its Austrian MVNO to local mobile operator Hutchison Drei Austria in a €95m (US$112m) deal to focus on where...
WideOpenWest could sell Chicago fibre assets for more than US$200m to reduce debt
WideOpenWest is reportedly in talks to sell fibre assets in Chicago to mobile operator Verizon Communications, in what would appear to be the...
Global Eagle Entertainment terminates Chinese JV after regulatory resistance
US inflight communications provider Global Eagle Entertainment said it is terminating a US$416m investment agreement with a Chinese company due to...
Cell C to clear way for stake sale with fresh US$464m notes
South African mobile operator Cell C reportedly plans to raise as much as US$464m in notes to pave the way for its...
