By Chalida Ekvitthayavechnukul
If successful, MobiFone expects to pocket at least VND400 billion ($17.6 million) from the auctions based on the starting price.
Its top customer will be the new telecom operator, Myanmar National Tele & Communications Ltd (MNTC), backed by Vietnam’s Viettel
The deal will increase Aditya Birla Group’s stake in Idea to 47.2% from 42.4% currently.
Lavinia Koh, Group CFO of MyRepublic, discusses the telco’s growth strategy and IPO prospects.
Reliance Jio Infocomm Ltd will buy a majority of the wireless assets of Reliance Communications Ltd (RCom) in a deal that will give the Mukesh Ambani-controlled telecom operator access to valuable 4G spectrum and help his younger brother Anil repay lenders. Both the companies, in separate statements, said that Jio… Read more »
Bankers and analysts expect Xiaomi’s profits to continue growing sharply into 2019, which one source said would make a $100 billion valuation at IPO look “reasonable”.
International phone operators have become a target for African govts & regulators as a potential source of state revenue or to boost local economies.
In March, Bharti Airtel had announced the merger of Millicom’s Ghana operations with Airtel Ghana Ltd.
The proposed acquisition will enhance StarHub’s solutions capabilities in cryptographic and digital security, ICT and IoT.
Japan’s mobile carrier market is currently dominated by NTT Docomo Inc, KDDI Corp and SoftBank Group.