VimpelCom shareholders elect supervisory board with focus on digital expertise
Russia-focused VimpelCom’s shareholders elected, during the AGM on 5 August, the nine members of the company’s supervisory board. Facebook’s head of product for...
Space Services
Pharol says Société Mondiale seeks to disrupt Oi judicial reorganisation
Pharol, the largest shareholder in struggling Brazilian telco Oi, has contended that activist investor Société Mondiale’s request for an EGM on 8...
Oger Telecom owner poised for bankruptcy
Saudi Oger, the owner of Oger Telecom, which has significant stakes in Turk Telekom and South Africa’s Cell C, is reportedly close...
Telenor Hungary poaches CEO Alexandra Reich from Swisscom
Norwegian Telenor Group has hired Alexandra Reich (pictured) as CEO and EVP of Telenor Hungary. Reich will join the company by 1 November. She will replace Christopher Laska,...
Dutch court puts Oi unit under judicial reorganisation
The Court of Amsterdam has accepted a request by struggling Brazilian telco Oi to put one of its Netherlands-based units, Oi Brasil Holdings...
Bank of Khartoum takes control of Canar after blocking sale to Zain
The Bank of Khartoum has completed its acquisition of Etisalat’s 92.3% stake in Sudanese fixed-line operator Canar for AED349.6m (US$95.2m). UAE-based Etisalat said in a stock exchange filing...
Bell Canada offers C$1.5bn medium-term notes for Q9 Networks purchase
Incumbent Bell Canada has launched a public offering of C$1.5bn (US$1.15bn) worth of medium-term note (MTN) debentures in two series. “With this transaction, we are...
Fairfax Media NZ to enter broadband market with JV
Fairfax Media’s New Zealand business plans to enter the local broadband market with the launch of a new fibre-only internet...
Oak Hill further bolsters fibre assets with Sovernet Communications buy
Oak Hill Capital Partners has struck a deal to acquire Sovernet Communications, further consolidating its fibre assets in the US’...
Indosat Ooredoo issues Rp3.46trn bonds to refinance debt, pay for spectrum
Indonesian telecoms and satellite operator Indosat Ooredoo is selling Rp3.172trn (US$242m) worth of senior unsecured bonds and Rp288bn (US$22m) in sukuk ijarah....
