Monthly News

The Content Neutral Networking Hub for TMT Organisations, Financiers and Professional Intermediaries focused on Emerging Markets

Members Area

The new source of insight and intelligence for TMT finance in Emerging Markets:

- the first to inform on the upcoming financial and
  strategic insider stories
- outstanding insight through early intelligence on
  deal opportunities
- the only newsletter that intersects finance and
  telecom in emerging markets
- critical insight through the background talk we
  report

Regular Values:
Exclusive information on new advisory mandates, financing opportunities and strategic developments The latest M&A, debt , equity capital markets and private financing news for telcos in the Emerging Markets
Mission critical information and benchmarking details for the latest telecom deals
Background talk regarding the latest trends
People moves in the advisory sector

Regular Features:
Telecom Deal News: The latest developments from the Middle East, Africa and Asia
Telecom Deal Talk: Background talk from advisers, investors and telecom executives
Telecom Loan Update: New mandates, pricing and structuring for telecom debt
Telecom People Moves: New job changes at telcos investment banks, law firms and other advisers
Special Market Reports: Excusive market reports from leading professional advisers

Edited by Dominic Lowndes, who brings more than a decade of experience reporting exclusive telecom financing news - and former editor of Telecom Finance, Technology Finance and Internet Finance

Latest News

Zain due diligence challenges
Bharti has entered into exclusive talks to buy Zain’s Africa assets, but the price of US$10.7bn, and the deal itself, is far from a certainty, according to sources. For instance, the regulators of some of the African assets could obstruct a transfer of assets. Page 2

Banks pitch Bharti for debt mandates
Bankers are busy pitching Bharti, for what is expected to be a US$7-8bn debt package. “A process is in place but the size and structure is not known, as the purchase price is adjustable,” said one banker. The 7 banks mandated for the MTN deal in Q3 2009 are tipped as favourites.
Page 2

M&A in MENA on the rise
Advisers are upbeat about the prospects for deal flow in the Middle East and Africa in 2010. Orascom is tipped as next to put assets on the block worth US$6-7bn. There is also talk of activity in Bahrain, Morocco, Lebanon, Iraq and Syria. Pages2-3

Indosat mandates 5 for bond issue
Indosat , the Qtel subsidiary, has appointed DBS Bank, Deutsche Bank, RBS, Citi and HSBC as bookrunners to raise US$600-750m in bonds. Page 8

Telco leadership changes
STC, Zain and Bharti appointed new executives this month. Page 9

Indian tower sales accelerate
Asset sales in India continue apace as telcos look to raise capital for further consolidation. Pages 7-8

Nitel sale shambles

IN TELECOM DEAL ALERT ISSUE 15

Deal Talk pages 2-4
Legal advisers to Bharti Zain
Bharti investors question price
Econet contests Zain sale
Three left in Meditel resale
Etisalat announces M&A targets
Singtel looks to MEA
Orascom predicts consolidation
C&W confirms break up

Middle East News pages 4-5
STC names Bahrain unit
Fourth licence for Egypt?
Mobinil bond oversubscribed
FT bid hopes dashed
Omantel sale plans
Etisalat shelves bond

Africa News pages 5-7
Etislalat boosts Atlantique Telecom stake
Orascom lenders grant waiver
Equateur wins fourth licence
French win ETC bid
Millicom sells 750 towers in Ghana
Power company shares infrastructure
Fourth licence up for grabs
Nitel sale shambles
IFC extends towers loan
Zain expands GSM network
Essar eyes market entry
IPO plan spooks operators
MTN plans to invest US$25m
Telecel wins 3G licence
MTN and Telkom target Zimbabwe

Asia News pages 7-9
Bharti announces Abu Dhabi Group partnership
TL to buy Aircel towers for US$1.84bn
Batelco sells 11% stake in Stel
Quippo looks to raise US$4bn
Reliance struggles with valuation expectations
STT buys U-Mobile stake
Indosat mandates 5 banks for US$600-750m bond issue
Telkom boosts funds
Abu Dhabi Group to sell Warid Telecom stake

People Moves pages 10
STC appoints International CEO
New CEO For Zain
M&A head leaves Bharti
UBS TMT head moves up

Diary Dates
TMT Finance and Investment Middle East Conference and Awards Ceremony 2010

Review of the TMT Asia conference

TMT FINANCE EVENTS - TMT Finance Asia

Tata Comms CFO
Interview

In the first of our Telecom Leadership interviews, Tata Communications CFO Sanjay Baweja talks to Telecom Deal Alert about Tata’s continued global growth as well as equity and debt financing options.