Primus seeks Chapter 15 relief to aid sale to Birch
Telecom reseller Primus Telecommunications Canada will seek Chapter 15 protection in the US Bankruptcy Court for the District of Delaware on 19 February...
Space Services
Shaw in C$300m note offering
Canada’s Shaw Communications has priced a C$300m (US$216.84m) offering of senior notes due 2021, potentially to help fund its C$1.6bn (US$1.12bn) acquisition...
Orange says Bouygues deal needs more time
France’s Orange expects it will take “at least several” more weeks to agree a deal to buy smaller rival Bouygues Telecom as negotiations are...
RCom and Aircel may be unable to reduce debt in time for merger – report
Indian telco Reliance Communications and smaller rival Aircel are reportedly unlikely to reduce their debt to the required levels before the exclusivity period for...
Airtel Africa in management reshuffle
Bharti Airtel has promoted Christian Defaria, managing director and CEO of Airtel Africa, to executive chairman. It has also appointed Raghunath Mandava as COO of...
Liberty Global and Vodafone agree Dutch fixed/mobile JV
Liberty Global and Vodafone have agreed a 50:50 joint venture of their Dutch operations, a move Vodafone CEO Vittorio Colao should not be...
India says may seize Vodafone assets if tax bill not paid
The Indian government’s tax department has told Vodafone it may seize the company’s local assets if it does not pay a tax...
Softbank plans US$4.4bn share buyback
Japan’s Softbank plans to buy back up to Y500bn (US$4.4bn) of its own shares in what will be its largest ever...
OTMT submits binding offer to buy CI Capital
Orascom Telecom Media and Technology Holding has submitted a binding offer to acquire 100% of Cairo-based financial services group CI Capital Holding from Commercial...
Oman to offer third mobile licence
Oman’s Telecommunications Regulatory Authority (TRA) is to auction a third mobile licence, transport and communications minister Ahmed bin Mohammed al...
