Ooredoo Maldives pushes forward with IPO to fetch more than US$115m as global listings rise
Qatari incumbent Ooredoo’s unit in the Maldives is set to proceed with an initial public offering in line with its licence ...
Tag: Vodacom
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 ...
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. ...
Cell C rejects Telkom offer and goes forward with recapitalisation plans
South African mobile operator Cell C has declined rival Telkom’s takeover bid as the troubled company grapples with capital restructuring after defaulting on ...
Telkom mulls US$1bn Cell C bid to become a strong opponent to Vodacom and MTN
South African incumbent Telkom is reportedly contemplating a US$1bn bid for rival Cell C in an attempt to help the operator recapitalise after defaulting ...
Millicom to sell Tigo Senegal to Wari following a surge of African M&A rumours
Emerging markets-focused Millicom has become the first telecoms group to dispose of an asset in Africa this year after agreeing to sell Tigo ...
Vodacom considers US$1.1bn stake sale to black investors to comply with equality ownership rules
Vodafone’s Vodacom is reportedly contemplating the sale of a R15bn (US$1.12bn) stake in what could become South Africa’s largest deal ever addressed to black ...
Vodacom files prospectus to float Tanzanian unit
Vodacom Tanzania, which is majority-owned by South Africa’s Vodacom, has sent an initial public offering prospectus to the country’s Capital ...
Investor files injunction to stop Cell C sale as it “unfairly disregards” its interests
A substantial shareholder in South African mobile operator Cell C is reportedly trying to stop the sale of a 45% stake of ...
