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Verizon completes $6.9 bn TracFone deal

Verizon Communications has completed the $6.9 billion acquisition of TracFone Wireless from America Movil. TracFone has 20 million customers and generated $8.1 billion revenue in...
Martha Suarez, President of the Dynamic Spectrum Alliance

Access to 6 GHz spectrum band is vital to empower a digital society

All around the world, internet usage continues to rise, as more aspects of our lives become connected. As of January 2021, the number of...
Airtel Business CEO Ajay Chitkara

Nxtra by Airtel launches data center park in Chennai

Nxtra by Airtel, the data center subsidiary of Bharti Airtel, has launched its data center park in Chennai. This is Nxtra by Airtel’s third large...
Vi mobile network in India

Vi hikes mobile rates by 20-25% targeting better ARPU

Vi (Vodafone Idea) has increased its mobile tariff by 20-25 percent following the footstep of rival Bharti Airtel.
Verizon Business and 5G

Verizon wins okay from FCC for $6.9 bn deal to buy TracFone

The Federal Communications Commission (FCC) has voted to approve -- with strong consumer protection conditions – the $ billion deal for Verizon to buy TracFone...
Telecom Italia wireless subscriber

Telecom Italia receives $12 bn offer from U.S. fund KKR

Telecom Italia has received a 10.8 billion euro ($12 billion) offer from U.S. fund KKR aimed at taking the telecom operator private, Reuters reported. Telecom...
TriNet

Telenor’s dtac to merge with True in Thailand in $8.6 bn deal

C.P. Group and Telenor have agreed to explore merger of their mobile operators True and dtac in a $8.6 billion deal. The new company has...
Verizon Business and 5G

FCC set to approve Verizon’s $6.9 bn deal to buy TracFone

Federal Communications Commission (FCC) is set to approve Verizon Communications’ $6.9 billion deal to buy TracFone Wireless, Reuters reported. FCC chair Jessica Rosenworcel on Friday circulated an...
Telefonica O2 in Germany

Spanish court rules in favour of Telefonica in $909 mn tax dispute

Spain’s High Court has ruled partially in favour of Telefonica in a long-running tax dispute with the Spanish government, meaning Madrid may have to refund...
Optus, NSN achieve downlink of 1.7 Gbps from a single site

Singtel Optus prices A$300 mn 7-year Sustainability-Linked Bond

Singtel announced that its subsidiary, Optus has priced an A$300 million 7-year fixed-rate Sustainability-Linked Bond (SLB), which will be issued on 24 November 2021. The...
MTN store South Africa

MTN exits from Yemen as part of strategy on Middle East

MTN announced the Group’s exit from its operation in Yemen as part of the strategy to exit the Middle East. MTN has transferred 82.8 percent...
Telenor grows in Asia

Telenor appoints Rita Skjærvik as EVP Group Strategy and External Relations

Telenor has appointed Rita Skjærvik as EVP Group Strategy and External Relations and will become member of Telenor’s Group Executive Management team. Skjærvik has since...
Vodacom Africa investment

Vodacom revenue surges 20.8% to €2.9 bn in first half of fiscal

Vodafone said Vodacom revenue increased by 20.8 percent to €2.9 billion and reported Adjusted EBITDAaL increased by 19.2 percent during the first half of fiscal 2022. Vodacom’s service...
Vodafone 5G Italy

Vodafone reveals financial performance and strategy driven achievements

Vodafone Group has revealed its financial performance for first-half of fiscal 2022 and achievements from its latest strategies guided by CEO Nick Read. Financial performance Vodafone...
Telefonica’s 5G network in Spain

Telefonica issues sustainable hybrid bond for 750 mn euros

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Telefonica has issued a sustainable hybrid bond, amounting to 750 billion euros and announced a tender offer over three hybrid bonds which begins today...
Globe Telecom 5G network

Globe Telecom in talks with ST Telemedia to sell stake in data center business

Globe Telecom has initiated talks with Singapore-headquartered ST Telemedia Global Data Centres to sell stake in data center business in Philippines. Globe data center facilities...

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