RCom and Aircel may be unable to reduce debt in time for merger – report
Indian telco Reliance Communications and smaller rival Aircel are reportedly unlikely to reduce their debt to the required levels before the exclusivity period for ...
Tag: Maxis Communications
Airtel closes in on 4G spectrum deal
Bharti Airtel, India’s largest mobile operator, is reportedly nearing a deal to buy 4G airwaves from smaller rival Aircel for about ...
RCom and Jio ink spectrum trading, sharing pacts as merger processes continue
India’s Reliance Communications (RCom) and Reliance Jio have signed agreements to trade and share spectrum in the 800 MHz band across most of the ...
RCom and Aircel in tie-up talks
India’s RCom has entered non-binding talks to acquire smaller rival Aircel, following its November agreement to buy Sistema-owned SSTL.The potential double merger represents the latest move ...
Six qualify to bid for Lebanese mobile contracts
Six international telecom operators have qualified to participate in an upcoming tender to manage Lebanon’s two state-owned mobile operators, Alfa and Touch, ...
Maxis denies allegations regarding Aircel sale
Malaysia’s Maxis Communications has reportedly denied charges brought against it by India’s Central Bureau of Investigation (CBI) concerning its 2006 acquisition ...
Maxis to ink MR2.5bn Islamic financing
Malaysia’s Maxis has signed an agreement with RHB Islamic Bank for a MR2.5bn (US$764m) financing facility. Approximately MR1bn will be ...
Malaysian holding Binariang considering US$1.86bn sukuk
Malaysian telecoms holding Binariang GSM is working on issuing Islamic bonds (sukuk) to pull in MR6bn (US$1.86bn) to cover business ...
Maxis injects nearly US$1bn into Aircel
Mid-tier Indian operator Aircel has reportedly received Rs60bn (US$976.78m) in equity infusion from its majority shareholder, Malaysian telco Maxis, in ...
Maxis finds new CEO
After months of uncertainty, Malaysian telco Maxis has announced that Morten Lundal will become its next CEO as of 1 ...
