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Telenor Group has entered into agreements to acquire 54% of the shares in the Finnish telecom operator DNA Plc for EUR 20.90 per share in cash, in total EUR 1.5 billion.

Posted By : TelecomGuru 13 days 2 hours 21 minutes ago
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Leading pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, announced completion and receipt of an investment of USD 180 million investments from CDC Group plc, the UK’s development finance...

Posted By : TelecomGuru 13 days 21 hours 42 minutes ago
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ET reported that Ericsson filed an application in the Supreme Court on Monday, requesting to end insolvency proceedings it started against Reliance Communications.

Posted By : TelecomGuru 27 days 2 hours 18 minutes ago
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Bharti Airtel has transferred additional 16.76% stake, worth INR 10,000 crore, it holds in telecom tower arm Bharti Infratel to Nettle Infrastructure Investments Ltd in two tranches.

Posted By : TelecomGuru 1 month 34 days 2 hours 14 minutes ago
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Reliance Communications has moved the National Company Law Appellate Tribunal, asking it to direct the telecom department not to cancel its mobile permits for missing a spectrum payment.

Posted By : TelecomGuru 1 month 34 days 2 hours 15 minutes ago
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TIM SpA announced that it has been admitted to the Cooperative Compliance scheme (set out by Legislative Decree 128/2015), according to the guidelines developed on the subject by the OECD.

Posted By : TelecomGuru 1 month 34 days 2 hours 16 minutes ago
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Reliance Communications has completed paying Swedish telecom gear maker Ericsson nearly INR 580 crore. With Monday’s payment of INR 462 crore, the debt-laden telco ends its 18-month long battle with Ericsson which had...

Posted By : TelecomGuru 1 month 34 days 23 hours 36 minutes ago
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French media giant Vivendi has again urged the auditors of Telecom Italia and Italian market regulator Consob to further investigate a series of governance issues at the operator.

Posted By : TelecomGuru 1 month 34 days 23 hours 37 minutes ago
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Reliance Communications has terminated its asset sale plan with Reliance Jio Infocomm, blaming lack of consent from its lenders and permissions from telecom department for the deal fall out among other reasons.

Posted By : TelecomGuru 1 month 34 days 23 hours 38 minutes ago
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America Movil SAB de CV announced that it has entered into an agreement to acquire from Nil Holdings Inc and certain of its affiliates and Al Brazil Holdings BV 100% of Nextel TelecomunicagOes Ltda.

Posted By : TelecomGuru 1 month 34 days 23 hours 39 minutes ago
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The Monitor reported that the MTN Group CEO Mr Rob Shuter has said MTN Uganda is ready to give 20% of its stake to Ugandans. Mr Shuter said MTN Group would be broadening ownership in three key markets including Uganda,...

Posted By : TelecomGuru 1 month 36 days 28 minutes ago
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O&O Networks Limited, Special purpose vehicle owned by the Ecobank Group says contrary to certain media reports, there is no forfeiture order of the Federal High Court of Nigeria in its proceedings that is directed...

Posted By : TelecomGuru 1 month 36 days 29 minutes ago
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Maroc Telecom has signed an agreement with Millicom to acquire 100% of the shares of its subsidiary Tigo Chad, the leading mobile operator in Chad.

Posted By : TelecomGuru 1 month 36 days 30 minutes ago
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PTI reported that National Company Law Appellate Tribunal has refused to direct State Bank of India and other lenders to Reliance Communications to release INR 260 crore of tax refunds;

Posted By : TelecomGuru 1 month 36 days 31 minutes ago
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Reliance Communications sold 12 crore pledged shares, which accounted for 4.34% stake of promoters in the telecom firm. The sale was a result of lenders invoking shares pledged with them.

Posted By : TelecomGuru 1 month 40 days 53 minutes ago
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The National Company Law Appellate Tribunal has reserved its order on a petition by Reliance Communications which has approached the tribunal seeking the release of income tax refunds to clear dues of Ericsson.

Posted By : TelecomGuru 1 month 40 days 55 minutes ago
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Manx Telecom Plc, primary provider of broadband and telecommunications on the Isle of Man, announced that it has received and has recommended to shareholders an offer from Basalt Infrastructure Partners II GP Limited to...

Posted By : TelecomGuru 1 month 40 days 56 minutes ago
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PTI reported lenders of Reliance Communications have contended before the NCLAT that they have the first right over INR 260 crore, which the debt-ridden company has received as the income tax refund.

Posted By : TelecomGuru 1 month 41 days 2 hours 37 minutes ago
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ET reported that an arbitral tribunal has dismissed Bharti Infratel’s exit charges claim of over INR 195 crore, including multiple interest levies, from Sistema Shyam Teleservices.

Posted By : TelecomGuru 1 month 41 days 2 hours 38 minutes ago
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US’s Federal Communications Commission has again paused its review into T-Mobile US’ proposed tie-up with Sprint, after receiving a stack of extra information on the plan.

Posted By : TelecomGuru 1 month 42 days 22 hours 58 minutes ago
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