Court approves RCom’s MTS India acquisition, CEO Vinod Sawhny quits
Indian telco Reliance Communications (RCom) has announced that the Rajasthan High Court has approved its proposed acquisition of smaller rival Sistema ...
Tag: TF249
Telefónica could open up O2 UK float to customers
Telefónica is considering opening up the IPO of O2 UK to retail investors, Mark Evans, CEO of the British business, has ...
Windstream upsizes terms loans to US$747m, redeems notes
US telco and ISP Windstream has increased its tranche loans from US$597m to US$747 after redeeming its outstanding 7.785% senior notes ...
Closed Deals Q3 2016
TelecomFinance compiles closed M&A and financing transactions for each quarter. The Q3 2016 table ran in TelecomFinance Issue 249. TelecomFinance ...
Cellnex enters UK market with €393m Shere purchase
Spanish towerco Cellnex Telecom has agreed to acquire UK-based Shere Group for €393m (US$439.2m) to enhance its Dutch portfolio and launch operations in the UK. Cellnex said ...
GSMA urges Egypt to consult with local telcos on 4G licences
The GSMA has called for renewed talks between the Egyptian government and local mobile sector after the country’s recent 4G ...
Pakistani senate committee urges gov’t to recover US$800m from Etisalat
Pakistan’s Senate Standing Committee on Information Technology has reportedly called upon the government to ensure it recovers an outstanding US$800m ...
IMF will only bail out Zambia if it sells Zamtel
The International Monetary Fund (IMF) is reportedly willing to lend the Zambian government US$1.2bn if it sells loss-making operator Zambia Telecommunications Company (Zamtel). A local report cited ...
Telefónica abandons Telxius IPO due to inadequate valuation
Telefónica (MAD:TEF) has called off the IPO of its infrastructure unit Telxius following weak demand from investors. In a note, Haitong Research said: “Although ...
Qualcomm targets NXP Semiconductors
US-based semiconductor and telecoms equipment company Qualcomm is reportedly in talks to acquire the Netherlands’ NXP Semiconductors in a deal which could ...
