Timorese businessmen, Fiji pension fund eye Oi’s Timor Telecom stake
East Timor businessmen Abílio Araújo and Nilton Gusmão and a Fiji pension fund are reportedly interested in buying a stake ...
Tag: TF248
PE firms, telcos circle Hong Kong’s Wharf Holdings
A private equity consortium of MBK Partners and TPG Capital has reportedly submitted a joint offer for B2B fixed-line telco Wharf T&T, owned by Hong ...
Verizon in US$2.059bn refinancing
Verizon Communications is issuing US$2.059bn worth of 4.2% senior unsecured notes September due 2046, the US telecoms giant said in a ...
Nokia to offer €3.50 per share for remaining Alcatel-Lucent stock
Finnish equipment vendor Nokia has said it will offer €3.50 (US$3.94) per share for the stock it does not already own in ...
CS&L launches US$250m ATM programme which could fund M&A
US REIT Communications Sales & Leasing (CS&L), spun off from telco and ISP Windstream last year, has set up a US$250m ‘at the ...
Michael Garrett to succeed veteran Alaska Power & Telephone CEO
Alaska Power & Telephone Company (AP&T) has selected COO Michael Garrett to replace long-time CEO Robert Grimm when he retires at ...
Axiata looking to up stake in Singapore’s M1 to boost regional operations
Malaysian telco Axiata Group is reportedly interested in increasing its stake in Singaporean telecom operator M1 as part of plans to turn the company into ...
Altice offers €2.4bn to take full control of SFR for more streamlined structure
Billionaire Patrick Drahi’s Altice has announced plans to simplify its ownership structure through an exchange offer for the outstanding 22.25% stake in ...
Beeline CEO Mikhail Slobodin resigns in wake of corruption probe at previous employer
VimpelCom has accepted the resignation of the CEO of its Russian mobile unit Beeline, with immediate effect “following today’s news regarding Mikhail ...
MTS issues Rbs10bn bond to improve debt profile
Russia’s Mobile TeleSystems (MTS) has issued a Rbs10bn (US$155m) 15-year bond to optimise its debt profile and finance its investment programme. MTS ...
