Search results for +tag:Corporate/Financial

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Rogers Communications and Shaw Communications have agreed to begin a mediation process with Canada's Competition Bureau to overcome the agency's opposition to the two telcos' proposed merger on anti-competition grounds.... more
Orange Belgium’s bid for a majority stake in cable operator VOO will be decided by EU antitrust regulators by 28 July, a European Commission filing has revealed. On Wednesday the... more
Press Corporation, a publicly listed company incorporated in Malawi, has announced its intention to sell its majority stake in fixed line operator Malawi Telecommunications Limited (MTL). In a statement summarising... more
German regional telecoms operator NetCologne has reported consolidated group revenue of EUR318 million (USD273 million) for the twelve months ended 31 December 2021, an increase of 4.9% from EUR303 million... more
Malaysia’s Axiata Group and its Indonesian mobile subsidiary XL Axiata have announced the completion of their acquisition of a 66.03% stake in Indonesian ISP Link Net (First Media) for IDR8.72... more
Indian cellco Vodafone Idea (Vi) has confirmed that it will defer the payment of Adjusted Gross Revenue (AGR)-related dues totalling INR88.37 billion (USD1.13 billion) for four years, having been offered... more
Mexico’s Federal Telecommunications Institute (Instituto Federal de Telecomunicaciones, IFT) has approved the proposed financing arrangement between the Mexican Development Bank (Banobras, Nafin and Bancomext) and ALTAN Redes (Red Compartida), which... more
IC Invest, a Russian company founded by Pavel Kuznetsov, the former CEO of Moscow-based telco MGTS (part of Mobile TeleSystems [MTS]), has acquired two mobile operators in the Russian-occupied Crimea... more
A rumoured takeover of Hong Kong fixed broadband provider HKBN has stalled due to concerns over valuation and market volatility, a report from Bloomberg says. There was speculation last month... more
The Indian government will convert debt owed by Vodafone Idea (Vi) into equity in the troubled telco before the commencement of the country’s multi-band 5G spectrum, which is scheduled to... more