India’s Airtel in talks to buy Telkom Kenya to take on larger rival Safaricom

By
Posted

Helios Investment, which owns a 60 % stake in Telkom, was looking to partly cash out of the investment which it entered in 2015.

Bharti Airtel

Bharti Airtel to give Tanzania bigger stake in Airtel Tanzania

By

Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation’s holding in the mobile phone operator to 49% from 40%.


Vietnam’s Viettel in talks to buy stakes in Malaysian, Indonesian telcos

By

Myanmar, where Viettel and its local partners launched a $1.5-billion 4G network last year, has emerged as one of the most promising markets for the company.


Malaysia’s edotco acquires over 300 telecom towers in Cambodia

By

By adding new facilities through this acquisition, edotco Cambodia has expanded its reach to over 3,600 towers in the country.


Kazakhtelecom to buy 75% stake in Kcell from Telia, Turkcell

By

In a separate deal, Telia has agreed to buy Turkcell’s share in Fintur, which enables Telia to repatriate cash from Fintur.


Bharti Airtel appoints eight bankers for Africa operations planned IPO

By

The proposed IPO of the African unit follows a $1.25-billion fundraise by Airtel Africa, led by Warburg Pincus, Temasek, Singtel etc.


Xiaomi doubles down on smartphone business with Meitu deal

By

Not only does Xiaomi remove a competitor (albeit a not very threatening one) for next to nothing, it gets to roll out a multibrand smartphone strategy just as it’s seeking broader international appeal.


China Telecom, local tycoon join hands to bid for Philippine telco licence

By

The third license, which could be awarded by year-end, comes at the behest of Philippine President Rodrigo Duterte and aims to boost the country’s notoriously patchy services and end a domestic duopoly long accused of being uncompetitive.


Airtel names board of directors for Africa unit ahead of share sale

By

The announcement came after the company’s African arm completed raising a fresh equity issue worth $1.25 billion from six leading global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International.


ATC to buy Tata Teleservices, IDFC PE stake in mobile tower arm for $397m

By

Post acquisition, ATC will hold an ownership interest of approximately 79 per cent in its India operations.