Sawiris open to investing in Oi if granted exclusivity
Egyptian TMT tycoon Naguib Sawiris has reportedly said he is willing to invest in Brazilian telco Oi, which filed for ...
Tag: TF247
Softbank sells Supercell to Tencent for US$7.3bn
Japan’s Softbank has agreed to sell all of its 72.2% stake in Finnish smartphone game maker Supercell to Chinese media and communications holding company Tencent for ...
Masmovil wins Yoigo bidding war
Spanish MVNO Masmovil has reached a deal buy local operator Yoigo from Sweden’s Telia after outbidding UK TMT investment fund Zegona. Masmovil will acquire Telia’s 76.6% stake for ...
Tele2 acquires TDC Sweden for SKr2.9bn
Swedish telco Tele2 has agreed to buy local B2B telecoms services provider TDC Sweden at an enterprise value of SKr2.9bn (US$352.8m), as it seeks ...
Oi files for US$19bn bankruptcy protection
Brazilian telco Oi filed for bankruptcy protection on Monday after failing to reach an agreement with creditors to restructure R$65.4bn (US$19.3bn) of ...
Altice management reshuffle reflects increased focus on US
Patrick Drahi’s Altice has reorganised its management team ahead of the imminent closure of its second US cable deal in an ...
Anvia stands by Elisa deal, says rival bid came too late
The board of Finnish telco Anvia has decided to proceed with its agreement to sell the company’s consumer business to ...
Bezeq names Allon Raveh as new CFO
Israeli telco Bezeq (TASE:BEZQ) has hired Allon Raveh, the CFO of privately-owned conglomerate XT Holdings (formerly Ofer Holdings Group), as ...
Zegona says still in race for Yoigo despite higher bid from rival
UK TMT investment fund Zegona said it has reached an agreement with Sweden’s Telia to buy its 77% stake in Spanish mobile unit Yoigo but has ...
AINMT raises NKr429m in private placement
Sweden-based telco AINMT has raised NKr429m (US$52m) through a private placement of new shares. Following its announcement at the start of the month, AINMT said it has offered over six ...
