Airtel initiates IPO process for its subsidiary Bharti Hexacom
Bharti Airtel has initiated the preliminary stages of the initial public offering (IPO) for its...
Read MoreBharti Airtel has initiated the preliminary stages of the initial public offering (IPO) for its...
Read MoreDuring the quarter ended September 2023, Bharti Airtel and Reliance Jio witnessed robust financial...
Read MoreAirtel and Vi sell stakes in FireFly to Manipura Digital Infrastructure OPCO Pte Limited (India) Bharti Airtel and Vodafone Idea Limited (Vi) have signed a deal to sell their stakes in the Wi-Fi joint venture (JV), FireFly...
Read MoreBharti Airtel is reportedly exploring a fundraise of around $1 billion (approximately Rs 83.3 billion) to prepay a significant portion of its remaining dues relating to the spectrum bought in 2015. This fundraise could also...
Read MoreBharti Airtel’s committee of directors has approved the allotment of 1.42 million fully paid-up...
Read MoreUS-based I Squared Capital is finalising the terms to acquire around 65 per cent stake in American Tower Corporation’s (ATC) India unit, ATC Telecom Infrastructure Private Limited, at an enterprise value of around $1.5...
Read MoreAmerican Tower Corporation (ATC) will reportedly sell stakes in its India operations at an enterprise valuation of up to $2.2 billion by the end of December 2023. According to industry sources, US-based I Squared Capital is set...
Read MoreThe Tata Group has signed a binding share purchase agreement with SMS InfoComm (Singapore) Pte. Limited and Wistron Hong Kong Limited to acquire 100 per cent equity stake in Wistron Infocomm Manufacturing (India). It will enable...
Read MoreAccording to Airtel Uganda, its initial public offering (IPO) has been undersubscribed as it received a 54.45 per cent subscription rate for the $213 million worth of shares offered for sale. The firm launched its share sale on...
Read MoreAccording to sources, Mahanagar Telephone Nigam Limited (MTNL) has set a semi-annual coupon of 7.8 per cent on its government-guaranteed bonds maturing in 10 years. The telecom company has also accepted bids worth Rs 25.7...
Read MoreBharti Airtel and Vodafone Idea Limited (Vi) have signed a deal to sell their respective stakes in...
Read MoreVodafone Idea Limited (Vi) has reportedly secured a loan worth Rs 20 billion from HDFC Bank. The funding will likely help the operator to meet its past overdue licence fee and 5G spectrum payment commitments amid the possibility...
Read MoreMerger and acquisition (M&A) activity globally has declined in recent months. During the first...
Read MoreJio raises Rs 2 billion in offshore loans (India) Reliance Jio has reportedly raised close to $2...
Read MoreReliance Jio has reportedly raised close to $2 billion in one of the country’s biggest offshore loans in the fiscal year 2023-24 (FY24). HSBC was the lead arranger of the initiative that will help fund recent 5G network...
Read MoreEutelsat Communications SA has announced the completion of its all-share combination with OneWeb,...
Read MoreAs per the Telecom Regulatory Authority of India’s (TRAI) data, operators generated gross revenues...
Read MoreAirtel prepays Rs 80.24 billion to clear high-cost deferred liabilities for spectrum acquired in 2015 (India) Bharti Airtel has prepaid Rs 80.24 billion to the Department of Telecommunications (DoT) as part payment of deferred...
Read MoreMahanagar Telephone Nigam Limited (MTNL) has announced that it will seek shareholders’...
Read MoreCisco has announced a definitive agreement with Splunk, under which it will acquire the latter for $157 per share in cash, representing approximately $28 billion in equity value. Upon the close of the acquisition, Gary Steele,...
Read MoreKotak Data Centre Fund, managed by Kotak Alternate Asset Managers Limited (KotakAlt), has...
Read More