Airtel sees little value in acquiring Nigeria’s 9mobile

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Airtel had expressed an interest to acquire the Nigerian firm but it declined to submit a financial bid before a Jan. 16 deadline.

Telkom Indonesia acquires stake in European mobile wallet provider Cellum

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Under the agreement, Telkom will invest in Cellum in two tranches for a 30.4 percent stake. The Southeast Asian telecommunications giant will also facilitate the penetration of Cellum’s services in Indonesia, the region’s largest economy. Financial details of the deal have not been disclosed.


Reliance Jio to raise up to $2.2b debt to fund RCom’s wireless assets deal

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Jio agreed to buy RCom’s wireless spectrum, media convergence node assets, 43,000 towers, and around 178,000km of fibre network for an undisclosed sum.


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 »