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...
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...
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 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 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 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...
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...
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...
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...
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 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 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 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 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 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 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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