Etisalat wants to exit Nigeria with a clean sheet
Etisalat is reportedly aiming to divest hits Nigerian unit as soon as its US$1.2bn debt gets restructured. The UAE-based telecom may seek to ...
Tag: TF254
Telekom Slovenije veteran Simon Furlan to helm Bosnian Blicnet
Telekom Slovenije has promoted Simon Furlan (pictured) to CEO of its Bosnian subsidiary Blicnet. Furlan replaces Igor Bohorč, who headed the company since 2009 and ...
Largest telecom regulation shake-up in a decade as BT and Ofcom agree on Openreach separation
UK incumbent telco BT has reached an agreement with local communications watchdog Ofcom to legally separate its infrastructure company Openreach ending a two-year debate. Under ...
Spark sticks to guns, makes formal and invariable offer for TeamTalk
Spark has made an official and unchanged offer to buy 100% of New Zealand communications provider TeamTalk, after its approach for the troubled ...
Helios Towers launches maiden US$600m bond to fund investments and acquisitions
Helios Towers Africa (HTA) debuted US$600m of five-year senior notes to strong investor demand to repay debt and take full control ...
Godfrey Motsa replaces Mteto Nyati at MTN South Africa after fallout from fine
MTN Group has promoted Godfrey Motsa (pictured) to CEO of MTN South Africa following Mteto Nyati’s decision to leave the company for electronics giant Altron. Motsa, who has more than ...
Metronet UK buys Venus to boost its London business as data centres continue to consolidate
British connectivity and internet infrastructure provider Metronet UK has acquired fibre network firm Venus Business Communications for an undisclosed sum to boost its presence ...
Nigeria braces for new telecoms disgrace as banks target a takeover of Etisalat’s local unit
A consortium of three local banks are reportedly set to takeover Etisalat’s Nigerian unit as the African telco struggles to meet its debt obligations. ...
FirstLight expands in eastern US with Finger Lakes acquisition as competition mounts
US-based FirstLight Fiber has acquired data, internet and voice operator Finger Lakes Technologies Group from Trumansburg Telephone Company for an undisclosed sum to boost its fibre ...
Rostelecom raises stake in SafeData to gain full control as data centres get snapped-up
Russian state-controlled telco Rostelecom will purchase an additional 49.9% of the share capital in SafeData amid an ever-growing global demand for data. The Russian ...
