Tag: STC (Saudi Telecom Company)

XL Axiata, Indonesia’s second-largest mobile operator, has agreed to acquire smaller rival Axis Telekom for a symbolic cash consideration of ...

Saudi Telecom Company (STC) has reached an agreement with creditors of its Indonesian mobile subsidiary Axis to refinance the latter’s US$1.2bn ...

Indonesian mobile operator Axis has hired Moelis & Co to advise it on discussions with lenders for the restructuring of ...

Several banks, including Deutsche Bank, HSBC and China Development Bank, are reportedly hesitant about restructuring a US$1.2bn loan backed by ...

Indonesian mobile operator XL Axiata has signed a three-year US$100m loan with Standard Chartered. The company, which is controlled by ...

Saudi Telecom Company (STC) is in talks to sell its Indonesian mobile subsidiary Axis, according to the Mubasher news website. ...

Kuwaiti mobile operator Viva has signed a US$270m multi-currency financing agreement with National Bank of Kuwait (NBK) to fund its ...

Malaysian telco Axiata is considering making an offer for Indonesian mobile operator Axis, according to Bloomberg citing three people familiar ...

Saudi Telecom Company (STC)'s CEO Khaled al-Ghoneim has resigned, the latest in a stream of C-level executives to leave the ...

Indonesian telco Telekomunikasi Indonesia (Telkom) is considering merging its tower unit with another towerco in order to expand the business, ...