Financials
Financials
Merger of Vodafone India and Idea: creating the largest telecoms operator in India.
Vodafone to combine its subsidiary Vodafone India (excluding its 42% stake in Indus Towers) with Idea, which is listed on the Indian Stock Exchanges.Highly complementary combination will create India’s largest telecoms operator1 with the country’s widest mobile network and...
Financials
AT&T to Release Third-Quarter 2016 Earnings
AT&T announced that the company’s third-quarter 2016 results will be released after the New York Stock Exchange closes on Tuesday, October 25, 2016. At 4:30 p.m. ET the same day.
AT&T will host a conference call to discuss the results....
Financials
T-Mobile Continues to see Strong Momentum in Q3 2016
T-Mobile US, Inc provided a preliminary view of several key customer results for the third quarter of 2016 that continue to show consumers are flocking to the Un-carrier in a quarter that saw the Company introduce T-Mobile ONE, announce...
Financials
MTS Acquires a Regional Asset of SMARTS to Enhance Services in Republic of Mari El
Moscow, Russian Federation the leading telecommunications operator in Russia, announces that its wholly owned subsidiary, Telecom Povolzhye LLC, has acquired 100% of shares of SMARTS-Yoshkar-Ola CJSC, a regional asset of SMARTS OJSC, a mobile operator active in the Republic...
Financials
Spitfire Capital buys $28m stake in GTT Communications
Spitfire Capital now holds a total of 1,364,832 shares of GTT, valued at $28m, which makes 11.91% of Spitfire’s portfolio.
At the same time the Teacher Retirement System of Texas also boosted its stake in GTT in the latest quarter...
Financials
Telekom Malaysia to spend $390m on mobile unit
Telekom Malaysia is planning to spend the equivalent of $390 million on its 4G mobile operation, which it launched in August under the name Webe.
The company first invested in a 55% stake in the operator, then a fixed wireless...
Financials
MTN launches new R9.9 billion BEE transaction called MTN Zakhele Futhi, as MTN Zakhele unwinds
MTN is committed to the fundamentals of transformation and empowerment in South Africa, to enable historically disadvantaged individuals and groups to participate in the economic mainstream, and more specifically to give them equity ownership in the company.
Accordingly, the...
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