MTS CEO Jay Forbes to leave upon Bell integration
Canada’s Manitoba Telecom Service (MTS) has said that its CEO Jay Forbes (pictured) will leave the company at the end of next ...
Tag: TF254
Rostelecom eyes controlling stake in Tele2 Russia to guarantee financial and operational efficiency
Russian state-controlled telco Rostelecom is mulling purchasing a controlling stake in the country’s fourth largest player Tele2 Russia from a consortium comprised of state-owned ...
Hydro One tie-up talks with Toronto Hydro could collapse amid growing infrastructure needs
Canadian electric utility Hydro One is reportedly eyeing a purchase of Toronto Hydro for C$3bn (US$2.2bn) to aid in the city’s project financing amid ...
CyrusOne raises US$800m in debt refi to lower interest costs
US data centre operator CyrusOne has priced US$800m of seven and ten-year senior notes to refinance existing borrowings. CyrusOne sold US$500m of ...
Bharti Airtel and Millicom combine Ghanaian units to improve financial flexibility
Bharti Airtel’s unit in Ghana has merged with Millicom International Cellular’s local subsidiary to create the country’s second largest operator, overthrowing Vodafone’s place ...
Softbank to issue US$3.93bn in bonds as tech and real estate investments stack up
Japanese internet giant Softbank is selling Y450bn (US$3.93bn) in new debt as the company continues to home-in on start-up targets. Softbank said ...
Go searches for new CEO as Yiannos Michaelides steps down
Maltese operator Go’s CEO Yiannos Michaelides (pictured) is leaving the company at the end of the month to pursue other opportunities. Michaelides ...
Telus raises debt for refinancing and keeps its stable credit profile in check
Canada’s Telus has sold US$500m of 10-year senior unsecured notes and C$325m (US$243m) of 31-year bonds to refinance debt as the ...
Telefónica issues debut US$3.5bn notes in US market since financial crisis
Spain’s Telefónica sold US$3.5bn of senior notes in two parts via funding vehicle Telefónica Emisiones amid foreign exchange tailwinds and attractive US ...
Vodacom Tanzania to scoop US$213m in debut IPO
Vodacom Tanzania plans to raise some TSh476bn (US$213m) in its initial public offering effectively boosting its market cap to more than US$850m. ...
