Altice to save €60m in interest after refinancing €3.4bn in loans
Netherlands-based telecoms and media group Altice has refinanced €3.4bn (US$3.67bn) of debt to extend maturities and decrease the cost of borrowing. ...
Tag: TF254
Sky Network Television and Vodafone NZ set to petition watchdog’s merger rejection
Sky Network Television and UK-based Vodafone’s New Zealand unit plan to appeal the Commerce Commission’s (ComCom’s) rejection of their proposed merger to preserve ...
Megafon to acquire Euroset from Beeline as it eyes growth in handset sales
Russian telco Megafon is mulling a purchase of the remaining 50% stake in mobile retail chain Euroset from Beeline, the Russian unit of VimpelCom – now ...
Oi’s creditors leery of new restructuring plan as proposal turns sour
The new restructuring plan Oi (BMV:OIB4) is set to present to bondholders is likely to be quashed. Oi’s creditors, represented by ...
Nettle Infrastructure to buy 21.6% stake in Bharti Infratel
Instead of selling to a private investor, Bharti Airtel confirmed it will transfer 21.63% of its stake in India’s second-largest towerco Bharti Infratel to its wholly-owned Nettle Infrastructure Investments unit. ...
Altice bolts-on Teads for €285m as new group CTO Bruno Zerbib comes on line
Netherlands-based telecoms and media group Altice has purchased online video ad marketplace Teads for €285m (US$308m) to bolster its convergence strategy and capitalise on ...
Vodafone India and Idea Cellular tie-up forms telecoms monolith
British telco giant Vodafone has confirmed the merger of its Indian unit with Idea Cellular for US$23bn to create India’s largest telco amid a ...
Proximus raises €500m with lowest-ever coupon to decent demand
Proximus has sold five-year €500m (US$537m) senior unsecured notes to refinance existing short term debt and upcoming maturities. The Belgian incumbent said the ...
Nokia next-gen tech strategy spurs structural shift and management shakeup
Finnish equipment vendor Nokia has shaken up its organisational structure and leadership team as it steps up the pace on emerging new ...
Bell MTS launch comes with sea change in leadership
Canada’s BCE has christened Bell MTS and changed-up management after completing its C$3.9bn (US$2.9bn) purchase of Manitoba Telecom Services amid a wave of ...
