RCS&RDS steps closer to breaking private placement record in Bucharest
Eastern European cable and satellite TV provider RCS&RDS is set to float the largest private offering on the Bucharest Stock Exchange after publishing ...
Tag: TF255
Serbian telcos cut lines in Kosovo as Brussels Agreement unfolds
Telenor’s Serbian unit and local rival Vip Mobile have cut their signals in Kosovo while intensified competition and regulations in Serbia have dented ...
Verizon ups the ante on AT&T’s Straight Path offer by 12.5% as spectrum war heats up
US telecoms giant Verizon has reportedly raised rival AT&T’s buyout bid for Straight Path Communications by US$200m as telcos face off for spectrum in a battle ...
Millicom to sell and lease back 1,400 towers to American Tower in Paraguay for US$125m
Emerging markets-focused Millicom will divest an estimated 1,400 towers from its Telefonica Celular del Paraguay subsidiary to American Tower for PG700bn (US$125.3m) in cash. The two companies ...
Blue Label Telecoms appoints Wayne McCauley new COO as Cell C deal takes shape
South African telco Blue Label Telecoms has named Wayne McCauley its new COO amid continued progress with its recent restructuring deal with local mobile ...
Viettel preps IPO in Tanzania amid growth prospects in Africa and Southeast Asia
Vietnamese incumbent telco Viettel’s local unit in Tanzania is reportedly preparing for an IPO filing on the Dar es Salaam Stock ...
Proximus’s BICS buys TeleSign for US$230m to bolster footprint in Americas with fraud protection services
Proximus-owned BICS has agreed to acquire US-based TeleSign Corporation for US$230m to form a cloud-based platform bridge with the Belgium incumbent. BICS claims the acquisition ...
Elisa Estonia CEO Sami Seppänen set to reign Starman amid post-merger management shuffle
Elisa’s Estonian unit CEO Sami Seppänen will lead local cableco Starman following the two companies’ recently completed merger. In addition to Seppänen, incoming members include… Elisa’s ...
IDFC acquires 33% of Ascend Telecom for US$910m as tower deals accelerate in India
Indian private equity fund IDFC Alternatives has reportedly acquired a 33% stake in towerco Ascend Telecom Infrastructure from PE New Silk Road (NSR) for around Rs58.5bn (US$910m). The deal’s ...
Telefónica taps market for US$500m amid rising political risk in France
Spain’s Telefónica priced US$500m of reopened 5.213% 30-year bonds amid decent demand as interest rates continue at historic lows and appetite for ...
