Airtel Tanzania IPO to miss expectations over balance sheet woes – report
Airtel Tanzania’s upcoming IPO is set to come in far below expectations based on market share due to years of ...
Airtel Tanzania’s upcoming IPO is set to come in far below expectations based on market share due to years of ...
Price disruption in India’s telecoms sector from newcomer Reliance Jio Infocomm has pummelled both incumbent Bharti Airtel’s and RCom’s credit profiles as fierce rivalry among the telcos continues ...
Norway’s Telenor Group has said its CEO of Telenor Bulgaria Michael Foley will head its Bangladeshi unit Grameenphone. Foley replaces interim CEO Petter Furberg, who stepped in for… Norway’s Telenor Group (OSE:TEL) has ...
Econet Wireless-owned pan-African fibre and satellite broadband provider Liquid Telecom Kenya has hired former Airtel Kenya MD Adil Youssefi to become the operator’s CEO. Youssefi ...
Nearly all of Indian towerco Reliance Infratel’s shareholders have agreed to its demerger from Canada-based Brookfield Asset Management for an upfront cash payment of Rs110bn (US$1.7bn). Through the deal, ...
Emerging markets-focused Millicom will divest an estimated 1,400 towers from its Telefonica Celular del Paraguay subsidiary to American Tower for PG700bn (US$125.3m) in cash. The two companies ...
Vietnamese incumbent telco Viettel’s local unit in Tanzania is reportedly preparing for an IPO filing on the Dar es Salaam Stock ...
Indian private equity fund IDFC Alternatives has reportedly acquired a 33% stake in towerco Ascend Telecom Infrastructure from PE New Silk Road (NSR) for around Rs58.5bn (US$910m). The deal’s ...
Tanzania’s Capital Markets and Securities Authority (CMSA) has reportedly granted Vodacom Group’s local unit an extension on its IPO deadline to allow ...
Axiata Group-owned giant telecoms infraco edotco has upsized its private placement equity deal to US$700m and lured Malaysia’s Retirement Fund Incorporated (KWAP) as a new investor. Edotco CEO ...
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