Search results for +tag:Corporate/Financial

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Altice Europe has announced a three-part transaction to significantly simplify the group capital structure via the removal of Altice Luxembourg HoldCo. This will result in a group capital structure with... more
Total revenue at Canada’s Rogers Communications fell by 0.2% to CAD15.073 billion (USD11.461 billion) in full-year 2019, while revenue in the fourth quarter rose 0.4% year-on-year to CAD3.952 billion. Wireless... more
Washington, DC-based investment firm Grain Management has completed the acquisition of a majority interest in Summit Broadband from Cable Bahamas. The deal, which Bahamian investors indicated was valued at USD332.5... more
Saudi Telecom Company (stc) has published its financial results for the twelve months ended 31 December 2019, reporting a marginal 0.2% decrease in net profit to SAR10.755 billion (USD2.866 billion)... more
Malaysian mobile network operator (MNO) Digi has published its financial results for both the quarter and year ended 31 December 2019, claiming a ‘strong performance in growth areas, namely post-paid,... more
Indian cellco Vodafone Idea has informed the Department of Telecommunications (DoT) that it will wait for a verdict from the Supreme Court on its modification plea before paying its Adjusted... more
The proposed merger between SK Telecom’s SK Broadband unit and the country’s second largest cable TV operator t-broad looks set to go ahead, following confirmation that the deal has now... more
The Department of Telecommunications (DoT) has approved an increase in the foreign direct investment (FDI) limit in Indian telecom group Bharti Airtel to 100%, the Economic Times writes. The approval... more
Reliance Jio Infocomm (Jio), India’s largest mobile provider by subscribers, has booked operating revenue of INR139.7 billion (USD1.97 billion) for the three months ended 31 December 2019 – an increase... more
A consortium of Latin American businessmen representing multiple countries have made a provisional offer to acquire a 51% stake in Telefonica’s Hispanoamerica business, El Mundo reports. The Spanish daily notes... more