TPG-backed consortium said to bid $1b for Tata Group’s fiber arm

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The consortium is led by Mukund Rajan, the head of international operations for Tata Group’s holding company.

Myanmar: Campana raising $60m debt & equity for sub-sea cable network to Singapore

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The additional investment of $60 million will be raised through both equity and debt.


Vietnam: MobiFone to divest SeABank and TPBank shares in Feb auction

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If successful, MobiFone expects to pocket at least VND400 billion ($17.6 million) from the auctions based on the starting price. 


Myanmar’s MTG DC to invest $24m in telecom tower business

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Its top customer will be the new telecom operator, Myanmar National Tele & Communications Ltd (MNTC), backed by Vietnam’s Viettel


India: Ahead of its merger with Vodafone, Idea Cellular plans $1.1b fund raise

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The deal will increase Aditya Birla Group’s stake in Idea to 47.2% from 42.4% currently.


Bourse with strong retail capacity a key element in IPO: Lavinia Koh, MyRepublic

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Lavinia Koh, Group CFO of MyRepublic, discusses the telco’s growth strategy and IPO prospects.


India: Reliance Jio signs pact to buy most of RCom’s wireless assets, 100% proceeds to reduce debt

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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 »


IPO hopeful Xiaomi set to surpass 2017 revenue target, to fetch $1b profit

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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”. 


Tanzania claims ownership to Bharti Airtel’s local unit fuelling rights dispute

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International phone operators have become a target for African govts & regulators as a potential source of state revenue or to boost local economies.


Indian telecom major Bharti Airtel to acquire Millicom’s operations in Rwanda

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In March, Bharti Airtel had announced the merger of Millicom’s Ghana operations with Airtel Ghana Ltd.