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Articles tagged with: Essar and Mtn
India's Aircel Reported to be in Talks to Buy Loop Mobile
India's Aircel Cellular is reported to be in talks to buy Mumbai based Loop Mobile (formerly BPL Mobile), which is owned by the Ruias of the essar group. Both companies have been holding discussions for around seven months now, two people familiar with the discussions told the Economic Times. more
Related Tags: , ict, vodafone, tim, cdma, loop-telecom, bpl-mobile, essar-group, bharti, bharti-airtel, mtnl, mumbai, seven, maxis, vodafone-essar, aircel, loop-mobile, India
Econet Denies MTN Interest in Kenyan Network
Econet Wireless Kenya, which trades under the Yu brandname, has refuted local media reports that South Africa's MTN has offered US$450 for a stake in the company. The reports are "rumors," Chief Executive Officer Srinivasa Iyengar told reporters in Nairobi. The story emerged in Kenya's Standard newspaper. more
Related Tags: orange, lte, mobile-number-portability, iden, vas, number-portability, safaricom, telkom, celtel, econet-wireless, partner, econet-wireless-kenya, essar-telecom-kenya, yu, Kenya
Eyes turn to Africa and Mid-East for telecoms M&A deals as private equity stalls
Africa and the Middle East are poised for increased M&A activity and consolidation in the telecoms industry following a global decline in deal value and volumes in 2007 - says a report from PricewaterhouseCoopers. The report reveals that the total disclosed deal value globally fell from €332 billion in 2006 to €185 billion in 2007, while deal volumes declined from 1,260 in 2006 to 1,190 in 2007. more
Related Tags: google, asia-pacific, qtel, at&t, zain, telefonica, france-telecom, america-movil, bell-canada, navteq, hutchison, bell, hutchison-essar
Vodafone Considers Raising Stakes in Telecom Joint Ventures
LONDON -(Dow Jones)- Vodafone Group, Tuesday said that it remained interested in increasing its stake in several European and African joint ventures. more
Related Tags: telkom, arun-sarin, hutchison, hutchison-essar, Vietnam
Hunted and Hunter Swap Roles As Telecom M&A Heats Up
LONDON (Dow Jones) -- The hunted are fast becoming the hunters in the consolidation race playing out now among telecom operators in emerging markets. more
Related Tags: reliance-communications, essar-group, kpn, tim, orascom-telecom, reliance, hutchison-telecom, bric, bouygues-telecom, oger-telecom, chief-financial-officer, hutchison-essar