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
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...
Ofcom fines Guaranteed Telecom and Met Technologies £35,000 for slamming
Ofcom has fined Guaranteed Telecom and Met Technologies a combined total of £35,000 after they took over the home phone services of more than a hundred...
Deutsche Telekom network Capex dips 3% to 4.36 bn euros
Deutsche Telekom reported network related Capex of 4.362 billion euros (--2.9 percent) in Q3 2021 vs 4.490 billion euros in Q3 2020.
Deutsche Telekom’s Capex...
Globe Telecom Capex touches ₱65.4 bn during Jan-Sept
Globe Telecom said capital expenditure reached ₱65.4 billion during January-September 2021, focusing on building of data networks.
Full-year Capex of Globe Telecom had touched ₱60.3...
Telefonica may slash 4,000 jobs in H1 2022 by voluntary redundancy
Spanish mobile and broadband operator Telefonica is planning to cut at least 2,000 jobs and up to 4,000 through voluntary redundancy in the first half...
Vodafone to transfer 55% stake in Vodafone Egypt to Vodacom
Vodafone Group has agreed to transfer its 55 percent stake in Vodafone Egypt to Vodacom Group, its sub-Saharan African subsidiary.
This transfer simplifies the management...
Telenor sale of Myanmar biz stalls as junta seeks local buyer participation
The decision of Telenor to sell its telecom business in Myanmar to Lebanese firm M1 has stalled after the junta indicated it favoured at...
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