India: NCLT admits Anil Ambani-led RCom’s petition for Aircel merger

By
Posted

The tribunal has also admitted RCom’s petition for a 51% stake sale in its telecom tower arm to Canada-based Brookfield Infrastructure

India: Arvind unit Syntel Telecom buys 2 Enkay Technologies firms

By

The deal will help Syntel offer enterprise communications solutions.


Tencent backs $300m round in Android creator’s startup

By

Access Technology Ventures led the round in Essential Products.


India: Airtel sells 3.65% stake in Bharti Infratel to raise $400m

By

In March, Airtel sold a 10.3% stake in the tower unit to a consortium of investors for $952m.


Bharti Airtel subsidiary selling stake in tower arm for up to $400m

By

Nettle Infrastructure Investments Ltd, a subsidiary of Bharti Airtel, is selling Bharti Infratel shares in a price range of 378 rupees to 397.85 rupees each.


Malaysia: Axiata unit completes buyout of Pakistan tower firm

By

The buyout was transacted at a purchase consideration of $88.9 million (RM381 million).


India: Bharti Airtel looks to offload 3% stake in tower unit for $350m

By

The shares are worth about Rs2,240 crore based on Tuesday’s closing price.


HK: Hutchison sells fixed-line business to I Squared for $1.9b

By

The other shortlisted bidder was a TPG-MBK consortium.


HK-based Hutchison’s Drei buys Tele2 for $111m to rival Telekom Austria

By

Hutchison entered the Austrian market in 2013 in taking over Orange Austria.


Australian telco Speedcast buys US-based UltiSat for $100m

By

The ASX-listed firm will create a new government division post acquisition.