Closed Deals Q3 2016
TelecomFinance compiles closed M&A and financing transactions for each quarter. The Q3 2016 table ran in TelecomFinance Issue 249. TelecomFinance...
Space Services
Cellnex enters UK market with €393m Shere purchase
Spanish towerco Cellnex Telecom has agreed to acquire UK-based Shere Group for €393m (US$439.2m) to enhance its Dutch portfolio and launch operations in the UK. Cellnex said...
GSMA urges Egypt to consult with local telcos on 4G licences
The GSMA has called for renewed talks between the Egyptian government and local mobile sector after the country’s recent 4G...
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...
IMF will only bail out Zambia if it sells Zamtel
The International Monetary Fund (IMF) is reportedly willing to lend the Zambian government US$1.2bn if it sells loss-making operator Zambia Telecommunications Company (Zamtel). A local report cited...
Telefónica Chile issues Ps94.4bn bond
Telefónica’s Chilean unit, which operates as Movistar, has reportedly placed Ps94.4bn (US$141m) worth of bonds in the local market. The bullet bonds...
Vodafone returns to debt market with €750m bond
Vodafone will issue, on 30 September, US$750m (US$841m) worth of 0.5% bearer notes under its €30bn (US$34bn) euro medium term note...
MTN mulls selling shares in Ghana subsidiary to secure spectrum
South African telecoms giant MTN is reportedly considering selling a 35% stake in its Ghanaian unit and is approaching local wealthy individuals....
Niger to combine state-owned telcos
The Niger government plans to merge its two state-owned telcos, fixed-line operator Sonitel and mobile carrier Sahelcom, into a single company in order...
Windstream well-placed for M&A – Bob Gunderman
US telco and ISP Windstream is ready to look at M&A opportunities in the consumer, enterprise or carrier segments, according to...
