2016 Year in Review: Closed Transactions
TelecomFinance compiles closed M&A transactions for each quarter and full year. The 2016 year in review table ran in TelecomFinance Issue 251. ...
Tag: Africa
Econet Wireless Zimbabwe in US$130m rights issue to avoid default
Econet Wireless Zimbabwe aims to raise US$130m from shareholders as the dollar crunch has made it difficult for the country’s largest ...
Global Telecom Holding browses for US$200m loan to buy 10% issued share capital
VimpelCom-controlled Global Telecom Holding is buying back 546.6 million treasury shares for E£4.14bn (US$220.4m) to acquire up to 10% of its total ...
Executive Moves Round-up Issue 251
A collection of the latest executive appointments, promotions, and moves in the global telecoms space. This collection ran in TelecomFinance ...
Mandate Table Issue 251
TelecomFinance compiles the latest M&A and financing deals by country, company, mandate, and mandated. This Mandates Table ran in TelecomFinance Issue ...
Dos Santos’s Unitel ups stake in Angolan bank to become majority shareholder
Angola’s largest telco Unitel has become Banco de Fomento Angola’s majority shareholder by buying a further 2% in the institution from Portugal’s Banco Português de ...
MTN source denies report that it is considering exiting Nigeria
A source close to South Africa’s MTN has dismissed a report that claimed it is considering exiting Nigeria after multiple ...
Special Feature: Telcos pin hopes on convergence amidst communication revolution
The global trend for telecoms operators to pursue convergence strategies is unlikely to slow down in 2017 as the industry ...
Orascom to sell submarine cable unit to Bharti Airtel as it pursues Oi
Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has agreed to sell its Middle East and North Africa submarine cable unit MENA-SCS to ...
Telkom gives financial assistance to Business Connexion to boost growth plans
South African incumbent Telkom intends to grant its ICT unit Business Connexion financial aid of R1bn (US$70.7m) for working capital, ...
