Telenor steers further away from Veon with 4% divestment
Norway’s Telenor Group has sold 70 million American depositary shares (ADSs) of Veon for US$262.5m as it winds down its ownership of the Russia-focused ...
Tag: Bharti Airtel
Axiata, Bharti Infratel eye Vodafone’s Indus Towers stake amid increasing competition
India’s second-largest towerco Bharti Infratel and Asian giant infraco edotco are reportedly aiming to acquire Vodafone’s 42% stake in Indus Towers. Edotco’s parent, Malaysian Axiata Group is seeking to expand its ...
American Tower Corp priced €500m of notes amid growing international revenues
US towerco REIT American Tower Corporation sold €500m (US$539m) of new eight-year notes to repay debt as past tie-ups have led to elevated leverage. Fitch ...
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 ...
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. ...
Vodafone India and Idea Cellular tie-up forms telecoms monolith
British telco giant Vodafone has confirmed the merger of its Indian unit with Idea Cellular for US$23bn to create India’s largest telco amid a ...
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 ...
MTN to gain US$500m from a 35% float of Ghanaian unit
South African telecoms giant MTN is aiming to raise US$500m as it prepares to float its Ghanaian unit on the Ghana ...
Executive Moves Round-up Issue 253
A collection of the latest executive appointments, promotions, and moves in the global telecoms space. This collection ran in TelecomFinance ...
