India: RCom readies for fire sale of its assets to pare debt after Aircel merger fails

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RCom says will be able to pare debt by more than half much before December 2018.

India: RCom-Aircel merger collapses, doubts on debt repayment rise

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The development will further impede its efforts to pare its huge debt.


India: Vodafone executive says buyers have shown interest in tower assets in Indus

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Vodafone and Bharti Infratel own 42% each while Idea owns 11.15%. US private equity firm Providence owns the balance 4.85%.


India: Idea, Vodafone mobile tower assets draw interest from ATC, Brookfield, IDFC Alternatives

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The sale of the combined assets, pegged at over $1.5 billion in enterprise value, is being negotiated with potential buyers.


India: Airtel dials up SK Telcom for newer tech

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Airtel’s will use the firm’s expertise in improving network experience, machine learning, big data and provide better customer experience.


Australia’s Telstra axes $4.4b fundraising plan after state partner’s veto

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Telstra said two weeks ago it was considering doing a deal with investors by which it will get upfront a chunk of the A$1 billion per year.


Malaysia: Axiata unit close to acquiring Veon Towers in $1b deal

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The acquisition will make Edotco the biggest independent telecoms tower operator in the South Asian nation.


Philippines: Menlo Capital ventures into telco with PT&T acquisition

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Menlo Capital is the majority shareholder of MRC Allied, a PH listed company.


Fujitsu to sell mobile phone operations, Lenovo among potential buyers

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Fujitsu has also drawn interest from Tokyo-based Polaris Capital Group and Britain’s CVC Capital Partners.


China Unicom confirms raising $11.7b, trading in shares to resume

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It plans to raise 61.73 billion yuan ($9.25 billion) in a private placement.