Effects abound for connectivity as Europe spawns SPACs and regulators issue guidelines
Connectivity is set to see a potential flow of capital from Europe as the SPAC trend takes hold amid questions ...
Tag: Rocket Internet
Big plans shine spotlight on connectivity business in Southeast Asia
Investment and deals in connectivity are drawing attention to Southeast Asia, particularly to Singapore and Indonesia. Digital infrastructure builders are ...
MTN boosts South Africa capex to US$757m for M&A, network upgrades
South Africa-based MTN has raised its capital expenditure target for 2016 by 50% to some R12bn (US$757m) to fund acquisitions ...
Orange invests €75m in Africa Internet Group
French incumbent Orange has spent €75m (US$85.3m) for an equity interest in Nigeria-based Africa Internet Group. The investment means that the operator joins AXA, Goldman Sachs, MTN Group, Millicom and Rocket ...
Axa invests in US$1bn Africa Internet Group
French insurer Axa is to buy an 8% stake in online services business Africa Internet Group (AIG) for €75m, valuing the company at €937.5m. Assuming ...
PLDT, Rocket Internet form online business JV
The Philippine Long Distance Telephone Company (PLDT) and Germany’s Rocket Internet have agreed to create a joint venture to set ...
PLDT and Rocket Internet to create mobile payment JV
The Philippine Long Distance Telephone Company (PLDT) and Germany’s Rocket Internet have agreed to set up a global joint venture ...
Tele Columbus IPO in doubt
An initial public offering of shares in Tele Columbus is clouded by uncertainty after its owners said they were reviewing ...
PLDT pays €330m for Rocket Internet stake
Philippine incumbent Philippine Long Distance Telephone Company (PLDT) has agreed to buy a 10% stake in Germany’s Rocket Internet for ...
