Legal shifts may have spurred Sawiris to extend Oi’s reorg plan to June
Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has laid out a deadline for Brazilian telco Oi to arrange an ...
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Verizon offloads cloud business to IBM as strategy takes shape amid flagging financials
Verizon has reached an agreement with US tech giant IBM to sell its cloud and managed hosting service for an undisclosed sum as ...
Investment watchdog approves Sky’s tie-up with Vodafone New Zealand despite antitrust authority denial
Sky Network Television and UK-based Vodafone’s New Zealand unit have received merger approval from the country’s Overseas Investment Office in opposition to the Commerce ...
Indosat Ooredoo sells US$225m of bonds and sukuk to refinance loans and combat currency headwinds
Indonesian telecoms and satellite operator Indosat Ooredoo has reportedly commenced a Rp3tn (US$225m) debt sale to help finance business expansion and repay ...
RCom set to slash debt with Infratel split from Brookfield
Nearly all of Indian towerco Reliance Infratel’s shareholders have agreed to its demerger from Canada-based Brookfield Asset Management for an upfront cash payment of Rs110bn (US$1.7bn). Through the deal, ...
