Telecom Egypt hungry for cash to fuel 4G expansion
State-owned fixed-line operator Telecom Egypt is seeking to increase its E£8bn (US$500m) loan to E£13bn (US$820m) to pay its 4G licence and ...
Tag: TF253
Banks discard Saudi Telecom solution for Turkish debt problem
Lenders have reportedly abandoned Saudi Telecom’s proposal to resolve a dispute over an instalment payment missed by Otas last year prolonging the debt stalemate. ...
Telkom mulls US$1bn Cell C bid to become a strong opponent to Vodacom and MTN
South African incumbent Telkom is reportedly contemplating a US$1bn bid for rival Cell C in an attempt to help the operator recapitalise after defaulting ...
Verizon gets a US$350m discount on Yahoo deal following massive data breaches
Yahoo has agreed to cut US$350m off its original US$4.83bn sale price to appease its prospective buyer Verizon. It comes after two ...
Telefónica maintains controlling stake of Telxius after €1.3bn sale to KKR
Spain’s Telefónica has agreed to sell a stake in its towerco Telxius to private equity firm KKR €1.27bn (US$1.34bn) to consolidate its accounts and reduce its ...
Kacific orders US$147m high-speed broadband satellite from Boeing
Singapore startup Kacific has ordered its first satellite to deploy high-speed broadband across South East Asia and the Pacific after raising US$147m through ...
Telia submits remedies in Norway as it seeks approval for Phonero buy
The Norwegian arm of Telia has told the country’s competition authority that it will keep its mobile network open to new and ...
Spark asks New Zealand court for pause should Sky-Vodafone merger be approved
Incumbent telecoms operator Spark New Zealand has requested the high court to grant a 36 hour-stay in the event the proposed combination of rivals Vodafone ...
Sky said to swoop for Mediaset Premium after Vivendi dispute
British satellite broadcaster and broadband provider Sky is rumoured to be in advanced negotiations with Milan-based media group Mediaset to buy its pay-TV arm. ...
Greg McCray named Google Fiber head
Alphabet has hired telecoms veteran Greg McCray as CEO of its Access unit that includes Google Fiber, the high-speed internet venture it has been reshaping ...
