Cell C rejects Telkom offer and goes forward with recapitalisation plans
South African mobile operator Cell C has declined rival Telkom’s takeover bid as the troubled company grapples with capital restructuring after defaulting on ...
Tag: Ojer Telekomunikasyon
Banks discard Saudi Telecom solution for Turkish debt problem
Lenders have reportedly abandoned Saudi Telecom’s proposal to resolve a dispute over an instalment payment missed by Otas last year prolonging the debt stalemate. ...
Saudi Telecom buys towers from Etihad Atheeb Telecom after MoU with Mobily goes cold
Market incumbent Saudi Telecom has agreed to purchase an undisclosed number of towers from fixed-line operator Etihad Atheeb Telecom for SR230m (US$61.3m). The deal ...
Saudi Telecom to loan US$160m to cover Ojer Telekomunikasyon’s default
Saudi Telecom has reportedly offered a US$160m loan to subsidiary Ojer Telekomunikasyon to pay interest on an instalment it defaulted on last year. ...
