Search results for +tag:Corporate/Financial

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Israeli telco Partner Communications has confirmed that it has received a bid of USD300 million for the 27% stake currently held by S.B. Israel Telecom. The bid was lodged by... more
Swiss full-service provider Salt has reported total revenues of CHF266.3 million (USD285 million) for the three months to end-September 2021, an increase of 6.4% year-on-year. EBITDA for the period was... more
Team Telecom Armenia, which still trades under the Beeline brand of former owner VEON, is considering reorganising as an open joint-stock company (OJSC) and holding an initial public offering (IPO).... more
State-controlled telco Telekomunikasi Indonesia (Telkom) said net profit for January-September 2021 totalled IDR18.872 trillion (USD1.32 billion), up 13.1% from IDR16.679 trillion in the same period a year ago, attributed in... more
Russia mobile operator MegaFon reported its key results for Q3 2021, showing that total revenue grew by 6.2% year-on-year to RUB91.8 billion (USD1.2 billion) while operating income before depreciation and... more
A formal application relating to the proposed merger of Malaysian mobile network operators (MNOs) Celcom Axiata and Digi has been received by the local regulator, the latter has confirmed. In... more
The Italian government says it will discuss investment firm KKR’s takeover bid for Telecom Italia (TIM) only if it proceeds to make a binding offer. The US company tabled a... more
Verizon Communications has completed its previously announced acquisition of TracFone Wireless, and TracFone’s family of brands, from America Movil (AM). TracFone is the largest MVNO in the US, serving approximately... more
Telenor Sweden has sold off its wholesale fibre operation Open Universe as well as its single dwelling unit (SDU) fibre assets to GlobalConnect Sweden. The acquisition includes approximately 200,000 connected... more
MTN Group has announced that Nigeria’s Securities and Exchange Commission (SEC) has approved an offer for the sale of up to 575 million ordinary shares in MTN Nigeria, by way... more