Bharti Airtel adds on spectrum with Tikona acquisition and expands 4G coverage
Bharti Airtel has agreed to acquire Indian BWA licence holder’s Tikona Digital Networks for Rs16bn (US$244m) in cash. The purchase of the...
Strategy and Markets
Altice to save €60m in interest after refinancing €3.4bn in loans
Netherlands-based telecoms and media group Altice has refinanced €3.4bn (US$3.67bn) of debt to extend maturities and decrease the cost of borrowing....
Megafon to acquire Euroset from Beeline as it eyes growth in handset sales
Russian telco Megafon is mulling a purchase of the remaining 50% stake in mobile retail chain Euroset from Beeline, the Russian unit of VimpelCom – now...
Nettle Infrastructure to buy 21.6% stake in Bharti Infratel
Instead of selling to a private investor, Bharti Airtel confirmed it will transfer 21.63% of its stake in India’s second-largest towerco Bharti Infratel to its wholly-owned Nettle Infrastructure Investments unit....
Nokia next-gen tech strategy spurs structural shift and management shakeup
Finnish equipment vendor Nokia has shaken up its organisational structure and leadership team as it steps up the pace on emerging new...
Etihad Etisalat and Saudi Telecom solicit advisers as tower deal moves forward
Etihad Etisalat and incumbent Saudi Telecom are reportedly seeking an adviser as the duo forges ahead with their strategy to merge their infrastructure assets....
Bharti Airtel forgoes controlling stake sale in towerco Bharti Infratel
Bharti Airtel has decided to cancel its plans to sell a majority stake in India’s second-largest towerco Bharti Infratel. India’s largest mobile operator...
Megafon to sell tower assets amid gloomy growth outlook
Russian telco Megafon is considering a sale of its telecom masts after suffering a plunge in Q4 2016 profit and a forecast for...
Altice loses fight with watchdog over SFR purchase
A Paris court has overturned Altice’s appeal against French market regulator Autorité des marchés financiers’ (AMF) decision to block its buyout...
Telefónica ups stake in German subsidiary in €740m KPN share swap
Spain-based Telefónica has added another 6% to its stake in Telefónica Deutschland by acquiring shares in its German subsidiary from Dutch telco KPN. In...
