Tele2 details SKr3bn rights issue to help fund TDC Sweden buy
Swedish telco Tele2’s board of directors has decided on a SKr3bn (US$348.8m) rights issue to fund its acquisition of B2B ...
Tag: TF249
Telenor Maritime moves to bolster business after Marlink and SpeedCast scale up
Norway’s Telenor Maritime has continued the M&A trend in maritime satcoms through the purchase of Stockholm-based VSAT provider SatPoint AB. Explaining the rationale for the ...
TeraGo picks Tony Ciciretto as new CEO
Canadian B2B operator TeraGo has appointed board member Tony Ciciretto as president and CEO, replacing Stewart Lyons immediately. Commenting on his appointment, Ciciretto said: “It ...
Wharf agrees HK$9.5bn deal with TPG and MBK for telecoms unit
A subsidiary of Hong Kong businessman Peter Woo’s Wharf Holdings has agreed to sell its fixed-line telco Wharf T&T for HK$9.5bn (US$1.2bn) to a ...
SBA board gives green light to REIT conversion
US towerco SBA Communications has won board approval to begin the process of converting to a real estate investment trust (REIT) ...
OTMT contends dispute with financial regulator is harming business
Egyptian TMT tycoon Naguib Sawiris’ Orascom Telecom Media and Technology (OTMT) has said a dispute with the Egyptian Financial Supervisory Authority ...
Softbank to invest US$4.5bn in Korean tech space, buys into HK virtual reality firm Digital Domain
Japanese telco Softbank plans to invest W5trn (US$4.5bn) in the South Korean technology sector over the next 10 years, according to founder ...
Zain KSA gets unified licence in exchange for 5% of net income
Saudi Arabia has agreed to grant Zain KSA (TASI:7030) a 15-year unified licence in exchange for 5% of the telco’s annual net income, the ...
Telia signs €1.5bn RCF to replace existing facilities
Sweden’s Telia has signed a dual tranche €1.5bn (US$1.69bn) revolving credit facility with thirteen banks. The company will use the proceeds ...
Bell Canada renews MTN programme
Bell Canada has renewed its medium-term note (MTN) programme, which will enable it to offer up to C$4bn (US$3bn) of MTN ...
