Malaysia’s edotco acquires over 300 telecom towers in Cambodia

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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

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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

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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

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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

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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

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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

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


Airtel Africa raises $1.25b from SoftBank, Temasek, others to pare debt

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The investment would help Airtel Africa pare its debt of approximately $5 billion and help it grow its African operations.


CK Hutchison said to review $1b Italy telecom tower portfolio

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CK Hutchison is replenishing its funds after spending 2.45 billion euros ($2.8 billion) earlier this year to buy out partner Veon Ltd.’s stake in their Italian wireless venture.


Singapore’s GIC buys stake in Cellnex Telecom from Italy’s Benettons

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The deal follows a similar stake purchase in Cellnex by Abu Dhabi sovereign wealth fund ADIA last week.