Following the purchase of EVN Telecom by military-controlled Viettel in late 2011, further consolidation is expected in the competitive Vietnamese telecom sector this year. The EVN Telecom/Viettel...
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A rally in Indian share prices since New Year have prompted secondary sales rather than moves towards IPOs. Private equity firms Carlyle and Warburg Pincus sold shares in financial companies worth...
Burdened with debts of US$56bn the Indian telecom sector has struggled to fund investments in recent years. The Finance Ministry has now suggested a policy change to allow mobile operators to use...
Two submarine cable projects – Polarnet Project and Arctic Fibre - are competing to connect Asia to the Americas and Europe via the Arctic Ocean, thanks to the melting ice cap. The Russian-backed...
Thai state-owned operator TOT is negotiating with two European mobile operators to offer 3G services as MVNOs on its network, said chairman PanthepChamrasromran. He added helpfully that one is...
Filipino operator Globe Telecom took out a US$90m loan from China Banking Corp. The 10 year facility bears a floating interest rate, and will be used for 2012 capital expenditure. Globe is...
The Zambian government has reversed the sale of the country's largest fixed-line telephone provider, Zamtel, to Libya's LAP Green Networks after an investigation concluded that the 2010...
HiTS Telecom is holding talks with mobile operators in Liberia and Tanzania regarding a plan to share mobile towers and launch nationwide services in both countries before the end of 2012.
...
Liquid Telecommunications, a subsidiary of the Econet Wireless Group, has acquired one of Zimbabwe’s ISPs, Zimbabwe Online (ZOL), to make it Zimbabwe’s largest data company.
ZOL, which...
A Nigerian court has decreed thatEconet Wireless' claim to a 5% stake in Airtel Nigeriais legitimate and must be enforced.
The court declared null and void all actions and resolutions taken...
Vodacom is exploring ways of selling its 51% stake in Vodacom Congo, in a move which would take it out of the Democratic Republic of Congo. The balance of 49% is held by Congolese Wireless Network...
Having failed to sell Benin Telecom to Maroc Telecom or Orange, the government is reportedly considering breaking up the troubled operator and selling its piecemeal. Options considered are selling...
US media giant News Corp has secured a deal to buy a minority stake in Dubai media company the Moby Group, in a bid to aid the group’s expansion around the Middle East.
The New York-based...
Umniah, the Jordanian subsidiary of Batelco Group, will pay JD50m (US$70.4m) for a 3G licence and intends to deploy its network between Q2 and Q3 of 2012.
The TRC is reported to have...
Golan Telecom is reportedly in talks regarding roaming and site-sharing agreements with both Partner Communications and Pelephone.
The Israeli telecom operator already has similar agreement...
UAE telcosEtisalat and Du have signed a memorandum of understanding with a view to sharing each other’s resources in the event of emergencies.
The MoU, which was supervised by the UAE’s TRA...
Zain Saudi Arabia announced that its Murabaha investors have consented to extend the maturity of itsSAR9.75bn (US$2.6bn) facility for an additional six months.
The extension for the facility...
Qatar Telecom (Qtel) is being advised by Morgan Stanley on buying out Merchant Bridge’s stake in its Iraqi affiliate, Asiacell, before launching a public offering in Iraq, according to a report...
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