Yello claims US$4bn valuation after funding round
South Korea’s Yello Mobile has said its latest financing round values the mobile internet startup at around US$4bn. Yello secured US$47.2m by issuing ...
Tag: Asia Pacific
Ilya Kosolapov starts as SSTL CFO ahead of merger
Indian mobile operator Sistema Shyam Teleservices has named Ilya Kosolapov as its new CFO as it prepares to merge with larger player Reliance Communications. Kosolapov ...
Tata backing bidder in delayed Pakistan DTH auction
Indian conglomerate Tata Group is reportedly backing one of the bidders in Pakistan’s DTH licence auction, which was recently pushed into next ...
Myanmar seeks expressions of interest in fourth licence
The Burmese government has invited companies to bid on the fourth mobile licence. The eventual winner will be a joint ...
Reliance Jio considers acquisitions to boost scale
Nascent Indian mobile operator Reliance Jio Infocomm will reportedly seek to acquire smaller players to gain sufficient scale to compete with the ...
Taiwan raises NT$28bn in 4G spectrum auction
Taiwan has raised NT$27.93bn (US$846.69m) in its auction of six blocks of LTE-suitable spectrum in the 2.5 GHz – 2.6 ...
Spark aims to beef up cloud capabilities with Computer Concepts buy
New Zealand telco Spark has agreed to buy IT infrastructure and services firm Computer Concepts for some NZ$50m (US$33.2m) in an effort to boost ...
RCom inks exclusivity deal to sell tower assets to TGH and TPG
India’s Reliance Communications has signed a non-binding agreement to sell its tower assets and related infrastructure to US-based telecoms infrastructure investment firm Tillman ...
Spark issues NZ$100m bond
New Zealand telco Spark has issued NZ$100m (US$67.4m) of fixed-rate bonds. New Zealand telco Spark has priced NZ$100m (US$67.4m) of ...
MegaFon signs CDB loans
MegaFon has signed two credit facility agreements worth a total US$600m with China Development Bank. The two groups agreed and announced these ...
