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MTN launches new R9.9 billion BEE transaction called...

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...

Lava International plans to commission new projects by...

Mobile phone maker Lava International Ltd is hoping to complete its proposed new plant projects by 2018 while commissioning its design centre by the end of 2017 "We are looking at 2018 to commission our new plants. Meanwhile by...

AT&T to Announces Second-Quarter 2016 Earnings

AT&T announced that the company’s second-quarter 2016 results will be released after the New York Stock Exchange closes on Thursday, July 21, 2016. At 4:30 p.m. ET the same day, AT&T will host a conference call to discuss the...

Telia Company Sells Spanish Unit Yoigo To Masmovil...

Telia Company has agreed to sell its 76.6 percent holding in the Spanish operator Yoigo to Masmovil, one of the leading mobile operators in Spain. The transaction price is based on an enterprise value for Yoigo of EUR 625 million,...

Nokia plans to expand its footprint in the...

Nokia announced plans to acquire Gainspeed, a US-based start-up specializing in DAA (Distributed Access Architecture) solutions for the cable industry via its Virtual CCAP (Converged Cable Access Platform) product line. Gainspeed is widely regarded as the industry leader in...

Vodafone New Zealand to merge with Sky Network...

Sky Network Television Limited and Vodafone Group Plc announced that they have reached an agreement to create a leading integrated telecommunications and media group in New Zealand, via a combination of SKY and Vodafone New Zealand Limited  (together the...

CITIC Telecom CPC Acquires Telecommunication Assets of Linx...

CITIC Telecom International CPC Limited , a wholly-owned subsidiary of CITIC Telecom International Holdings Limited announced its acquisition of the telecommunication business of Linx Telecommunications B.V. (Linx Telecommunications), including Linx's 470 kilometer optic fiber network in the Baltic Sea,...

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