Articles tagged with: Etisalat and Towers

Etisalat Interested in Sri Lanka Investment

etisalat is reported to be considering an investment in Sri Lanka now that the military aspect of its decades long civil war has largely concluded. An official from the UAE-based operator is currently visiting the tropical island meeting stakeholders, including the Telecommunications Regulatory Commission (TRC).  more

Related Tags: millicom-international, tigo, trc, Sri Lanka

Indonesia's XL Cancels Towers Sale

Indonesian operator, PT Excelcomindo Pratama (XL) has cancelled plans to sell its portfolio of 7,000 towers and will use tap its shareholders in a rights issue to raise funds for its network expansion. The company said in a filing with the local stock exchange that the interested bidders were not willing to pay an acceptable price for the towers.  more

Related Tags: capex, pt-excelcomindo-pratama, xl, excelcomindo, Indonesia

UPDATE: Vodafone India Unveils Cost Cuts, IBM Deal

(Adds detail and comment).  more

Related Tags: asia-pacific, qatar-telecom, ibm, zte, outsourcing, bharti, london, bharti-airtel, arun-sarin, hutchison, essar, vodafone-essar, idea-cellular, vodafone-group, indus-towers, emirates, laptop, hutchison-essar, India