Search results for +tag:Corporate/Financial

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United Arab Emirates (UAE) telcos Etisalat and Du have raised the foreign ownership limit on their shares from 20% to 49%. A report from Gulf News cites financial analysts as... more
Cellcom has confirmed that the Israeli Competition Commissioner has given its approval to a proposed investment transaction between it, the Israel Infrastructure Fund (IIF) and Hot Telecommunication Systems, in fellow... more
US fixed line operator TDS has announced that it rebranded its North Carolina-based Continuum unit on 19 January. The latter company – which was acquired for USD80 million in January... more
Brazilian regional operator MHNET Telecom has reportedly acquired C-Connect, an ISP operational in Criciuma, Icara and Balneario Rincao, in the state of Santa Catarina. The value of the transaction has... more
German giant Deutsche Telekom (DT) and multinational towerco Cellnex Telecom have agreed to combine their respective tower infrastructure businesses in the Netherlands and also become anchor investors in a newly... more
Canadian telco Distributel Communications has acquired fellow independent operator Primus Telecommunications (Canada), which it announced will create a stronger brand offering residential, business and wholesale telecommunications services nationwide. Primus, founded... more
The Indian government has sought bids from banks for the sale of its full shareholding of 26.12% in telco Tata Communications – previously known as Videsh Sanchar Nigam Limited (VSNL)... more
Parana-based state power company Companhia Paranaense de Energia (Copel) has announced that a Share Purchase and Sale Agreement relating to its subsidiary Copel Telecom was signed with Bordeaux Participacoes, part... more
Frontier Communications has announced that it has secured approval from the Federal Communications Commission (FCC) for its Chapter 11 restructuring. Frontier now has regulatory approvals, or favourable determinations, for its... more
Belgian cable operator VOO achieved a significant improvement in profits in full-year 2020, according to a preliminary report from its parent company Nethys. Annual EBITDA increased to EUR143 million (USD172.7... more