Blue Label Telecoms to wrap up Cell C recapitalisation in August
South African telco Blue Label Telecoms hopes to implement Cell C’s recapitalisation in early August, nearly a year after agreeing to buy 45% of ...
Tag: Industrial and Commercial Bank of China (ICBC)
Zain Saudi Arabia names Peter Kaliaropoulos as CEO
Zain Saudi Arabia has appointed Peter Kaliaropoulos as CEO after Hassan Kabbani left the telco for personal reasons. Kaliaropoulos was until June the general ...
Telecom Personal to raise US$83m in bond offering for network investments
The mobile unit of Telecom Argentina, Telecom Personal, is issuing two series of negotiable bonds worth a combined US$83.5m, under its US$1bn ...
Zain KSA gets unified licence in exchange for 5% of net income
Saudi Arabia has agreed to grant Zain KSA (TASI:7030) a 15-year unified licence in exchange for 5% of the telco’s annual net income, the ...
Zain KSA in US$600m loan switch to lower financing costs
Zain Saudi Arabia has signed a US$599.8m (SR2.249bn) long-term commercial loan facility agreement with the Industrial and Commercial Bank of China (ICBC), the telco said ...
True inks Bt73bn bank guarantee
Thailand’s True Corporation has signed a Bt73bn (US$2bn) letter of guarantee facility agreement with six banks to help fund the 900 MHz ...
Bharti Airtel prices landmark US$1bn note offering
India’s Bharti Airtel has priced US$1bn of 4.375% senior notes due 2025. Denominated in US dollars, the notes priced at 210 ...
MTN Nigeria secures US$3bn loan
MTN Nigeria, a subsidiary of South Africa’s MTN Group, has signed a seven-year NgN470bn (US$3bn) loan from a consortium of ...
Telefonica seals US$1.2bn credit facility with Chinese banks
Spanish operator Telefonica has signed a US$1.2bn credit facility with China Development Bank (CDB) and Industrial and Commercial Bank of ...
RCom shelves cable unit IPO
In an unexpected move, Indian mobile operator Reliance Communications (RCom) has decided to cancel the planned IPO of its undersea ...
