Search results for +tag:Corporate/Financial

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Malaysia-based telecoms group Axiata, which owns a majority stake in Indonesian cellco XL Axiata via Axiata Investments (Indonesia), is reportedly holding talks to acquire a smaller rival in a share-swap... more
Bharti Telecom, a holding company of Indian telecoms group Bharti Airtel, is set to sell a 2.75% stake in the operator to raise around USD1 billion today with the intention... more
StarHub CEO Peter Kaliaropoulos has rejected rumours of a possible merger between his company and 5G bid partner M1, The Strait Times reports. Speaking during the firm’s virtual AGM on... more
State-owned Lithuanian Radio and Television Centre (LRTC, also known as Telecentras) has signed an agreement to sell its internet, data transmission and IPTV business to mobile operator Bite. Bite’s offer... more
Israel’s Cellcom has reported a total turnover of ILS892 million (USD250 million) for the first quarter of 2020, down 3.9% against the corresponding period a year earlier. Service revenues were... more
Israel’s Bezeq has reported a net profit of ILS332 million (USD94 million) for the three-month period ended 31 March 2020, up from ILS300 million in the corresponding period a year... more
SoftBank Group Corp has announced plans to sell a 5% stake in its Japanese telecoms division SoftBank Corp which, based on yesterday’s closing share price of JPY1,375 (USD12.8), could generate... more
The two main shareholders of the Polish cellco Play (P4) have sold shares equivalent to almost 10% of the company’s capital. Cyprus-registered Tollerton Investments, itself owned by Greek businessman Panos... more
Netherlands-based multinational telecoms group Altice Europe has reported consolidated revenues of EUR3.632 billion (USD3.98 billion) for the three months ended 31 March 2020, up 3.6% year-on-year from EUR3.507 billion in... more
Telekom Malaysia has reported an 8% year-on-year drop in group revenue for the quarter ended 31 March 2020, to MYR2.56 billion (USD588 million), citing ‘lower revenue contribution from all lines... more