Private equity firm KKR will take UK’s IQGeo Group private in a 316 million pounds ($396.04 million) deal, the companies said on Tuesday, sending shares in the geospatial software provider soaring 16%. Geologist...
UK grants conditional security clearance for Vodafone-Three merger
The British government on Thursday made a final order to conditionally approve the proposed merger between Vodafone’s UK operation and Hutchison’s Three UK, following a detailed national security assessment...
T-Mobile, Verizon in talks to buy parts of US Cellular, WSJ reports
T-Mobile and Verizon Communications are in talks to buy parts of United States Cellular in separate transactions, the Wall Street Journal reported on Thursday. Shares of the regional wireless carrier jumped about 8.6%...
Tower operator Uniti to merge with Windstream a decade after split
Uniti Group will merge with telecom services provider Windstream almost a decade after their separation to better compete in the fiber network market in rural America, the wireless tower owner said on Friday. The...
ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for Rs 1,840 cr
ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for Rs 1,840 crore through an open market transaction. American Tower Corporation (ATC) Telecom Infrastructure...
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US deal to buy Ka’ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion. The FCC cited T...
Indus Towers share declines 3% after Airtel dismisses talks of acquiring stake
The shares of Indus Towers declined 3% on Wednesday on BSE to the day’s low of Rs 348 after Sunil Mittal-owned Bharti Airtel dismissed news of being in talks to acquire a stake in the company. Earlier reports had said...
Axiata, Sinar Mas closer to $3.5 bln telco merger in Indonesia, Bloomberg says
Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas are going ahead with plans to merge their telecom operations in Indonesia to create a $3.5 billion entity, Bloomberg News reported, citing people...
Talk of the Tower: Airtel eyes Vodafone’s 21.05% in Indus
Bharti Airtel is in talks to buy UK-based Vodafone Group’s 21.05% stake in Indus Towers, which could potentially give India’s second ranked telco a controlling interest, said two people aware of the matter...
Government may sell 15% stake in Bharti Hexacom in multiple chunks
The government is considering to sell the remaining 15% stake in multiple tranches, and the Telecom Consultants India Limited (TCIL) would share proceeds of Bharti Hexacom’s debut initial public offering (IPO) as a...
Bharti Airtel’s merger deal with Dialog Axiata in Sri Lanka gets regulatory approval
Bharti Airtel’s definitive agreement to merge its Sri Lanka unit into market leader Dialog Axiata through an all-stock deal has received approval from the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)...
Vodafone Idea to launch $2.16 billion share sale in India
Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this month through a sale of new shares, in what will be the country’s biggest follow-on public...
