China Mobile sells 2.48% stake in CICC for up to US$59m
The world’s largest wireless operator, China Mobile, is reportedly selling its 2.48% stake in investment bank China International Capital Corp to raise up ...
Tag: TF247
Saudi Telecom approaches bidders for tower assets
Incumbent Saudi Telecom (STC) has reportedly reached out to potential bidders as it considers options for its towers in the kingdom. The telco ...
Cellcom launches legal actions against Golan
Israel’s market leader Cellcom has started legal actions against smaller rival Golan Telecom for working on a network sharing agreement with another local telco, Hot ...
Melody Wireless Infrastructure buys 760 sites
US-based Melody Wireless Infrastructure has acquired some 760 mobile infrastructure assets from Unison Site Management, boosting its portfolio to about ...
RCom in talks with Brookfield over tower unit sale
Indian telco Reliance Communications is reportedly in talks with Canadian private equity firm Brookfield Asset Management over the sale of its tower ...
Airtel closes Aircel 4G spectrum deal in six circles
Indian telecoms giant Bharti Airtel has completed its acquisition of the rights to use smaller player Aircel’s 4G spectrum in six ...
Telefónica sells more than half of its China Unicom stake for HK$2.8bn
Telefónica has sold a 1.51% stake in China’s second-largest mobile operator China Unicom for HK$2.8bn (US$361m), keeping a stake of about 1%, in ...
ER Telecom places debut bond to fund growth
Russia’s ER Telecom has placed its debut bond – a Rbs3bn (US$47m) three-year issuance – to help finance growth plans. The ...
Oi shareholder calls for EGM to assess financial issues, dismiss board members
Nelson Tanure’s Bridge Administradora de Recursos, an investor in heavily indebted Brazilian telco Oi, has called for a shareholders’ meeting ...
TDC rejects takeover offer
Danish incumbent TDC has rejected a takeover bid, saying it had found it financially inadequate, incomplete and not in the best ...
