M&A potential ignites with inflight connectivity targets; satellite strategic interest also in play
M&A is kindling in satellite connectivity as executives see investment opportunities in a radically changed market. Long the focus of ...
Tag: Moelis & Company
Dependable connectivity markets bearing adversity as Speedcast restructures
Normally reliable connectivity markets such as oil and gas are feeling the pinch of the coronavirus, as satcoms provider Speedcast International announces ...
Survival skills critical as overleveraged satellite players lock horns with coronavirus
Survival strategies and consolidation are beckoning for overleveraged companies as they struggle to respond to the added burden of the ...
Globalstar to combine satellite and terrestrial communications via US$1.65bn merger with FiberLight
Satellite operator Globalstar will combine with a fibre company under a new name with plans that include a rights offering in ...
Legal shifts may have spurred Sawiris to extend Oi’s reorg plan to June
Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has laid out a deadline for Brazilian telco Oi to arrange an ...
Court orders Oi to put two Dutch subsidiaries into bankruptcy proceedings
A Netherlands court has ordered struggling Brazilian telco Oi to put its two local units into bankruptcy proceedings giving bondholders leverage to ...
Oi’s creditors leery of new restructuring plan as proposal turns sour
The new restructuring plan Oi (BMV:OIB4) is set to present to bondholders is likely to be quashed. Oi’s creditors, represented by ...
Bondholders claim Oi’s restructuring plan favours existing shareholders in court objection
Oi bondholders represented by Moelis have presented a motion to a Rio de Janeiro court to object to the telco’s reorganisation plan ...
Sawiris and creditors propose US$1.25bn injection to take control of Oi
Egyptian billionaire Naguib Sawiris and Oi‘s bondholders have proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of ...
Oi asks for judicial consent to sell Timor Telecom in bid to cut debt
Struggling Brazilian telco Oi has asked the court administrating its bankruptcy protection for authorisation to sell its direct and indirect interests in Timor ...
