Articles tagged with: Singapore Technologies Telemedia

Singapore Firm Closes on Buying Ireland's Eircom

Debt-laden Irish telco, Eircom is reported to be sold to Singapore Technologies Telemedia (STT) later this week for around EUR130 million (US$185 million), reports local news media. The former state-owned company has had a series of owners since privatisation and is currently owned by an Australian registered holding company, Eircom Holdings (ERC), formerly known as Babcock & Brown Capital.  more

Related Tags: eircom, meteor, temasek--holdings, Ireland

Telekom Malaysia CEO: Any India Idea Bid Likely Solo One

KUALA LUMPUR -(Dow Jones)- Telekom Malaysia Bhd. (4863.KU) Thursday said it will likely act alone in any bid it makes for a stake in Idea Cellular Ltd., India's fifth-largest cellular operator in subscriber terms.  more

Related Tags: telekom-malaysia, idea-cellular

Cingular fails to sell Indian investment

Cingular Wireless, says that it has allowed the agreement to sell its 32.9% indirect stake in the Indian wireless service provider, IDEA Cellular to expire. Under the terms of the agreement, which was originally signed in December of 2004 and which lapsed on June 11, AT&T Wireless was to have sold its stake in IDEA Cellular, a leading cellular operator in India, to a joint venture between Singapore Technologies Telemedia and TM International in Malaysia for approximately US$200 million. more

Related Tags: at&t-wireless, idea-cellular

Cingular sells Indian investment

Cingular Wireless has signed a definitive agreement to sell its 32.9% stake in India's IDEA Cellular, to a joint venture between Singapore Technologies Telemedia and TM International in Malaysia. The IDEA Cellular stake was an investment of AT&T Wireless which merged with Cingular on October 26, 2004. more

Related Tags: at&t-wireless, idea-cellular