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: Investec
Daisy to expand further with acquisition of rival Alternative Networks
UK B2B telco Daisy Group has agreed to acquire local rival Alternative Networks for some £165.3m (US$206.5m), building on previous purchases ...
Net 1 financing paves way for Blue Label Telecom purchase of stake in Cell C
South African electronic payment provider Net 1 UEPS Technologies has secured loans of R1.4bn (US$101.7m) to help fund its acquisition of ...
Blue Label to spend R5.5bn on 45% stake in debt-burdened Cell C
South Africa’s Blue Label Telecoms will buy a 45% stake in local mobile operator Cell C for R5.5bn (US$400m) and help reduce its debt ...
Cell C deal could include fourth shareholder
The tripartite takeover of South African number three operator Cell C could soon include a fourth shareholder, TelecomFinance understands. The tripartite takeover of South African number three operator Cell C could soon ...
Helios Towers Nigeria assessing “multiple options”
With African tower sales and outsourcing now mainstream transactions, the time has come for consolidation among the independent towercos themselves. Helios ...
HTN Towers prepares for IPO
Helios Towers Nigeria (HTN Towers) aims to raise about US$125m in an IPO on the London Stock Exchange to help fund ...
Daisy bids £135m for Phoenix
The board of Phoenix IT Group have recommended a takeover offer from B2B telco Daisy Group and private equity firm Toscafund to it ...
Liquid Telecom inks US$150m loan
Mauritius-based wholesale carrier Liquid Telecom has secured a US$150m loan to extend its fibre network in Africa. Standard Chartered faciliated ...
BCX shareholders give green light for Telkom buy
Shareholders in South African ICT firm Business Connexion (BCX) have voted in favour of Telkom’s planned R2.67bn (US$257m) acquisition of ...
