Friday, May 16, 2025
No menu items!

india

India’s Reliance considers MTN merger

Reliance Communications Ltd. is considering a merger with South Africa’s MTN Group Ltd. or an infusion of fresh equity from a strategic foreign investor. Unconfirmed reports from Moneycontrol.com revealed that Anil Ambani from Reliance will be visiting Johannesburg to meet...

Bharti seeks to outsource Zain’s African operations

After purchasing the African assets of Kuwait’s Zain in a $9bn deal, Bharti Airtel has called on IT companies and network operators to bid for the IT-related services resulting from the deal. Various IT companies and network operators, including IBM...

India takes over chairmanship of ITU Council for 2010

The International Telecommunication Union’s (ITU) governing body has handed today , in its annual session, the rotating chairmanship to India and its Deputy Director-General, Department of Telecommunications, Government of India, R.N. Jha. The ITU Council, comprising of 46 member states,...

Facebook opens first support center in India

Facebook, the world’s largest social networking site, today announced the opening of a center in Hyderabad, India, in support of its global multilingual operations. “Having multiple support centers in a variety of time zones provides Facebook users and advertisers...

Zain accepts Bharti Airtel’s $10,7 billion offer

After failing in its merging plans with South Africa’s MTN, India’s largest mobile operator, Barthi Airtel, might just walk away with a signed $10.7 billion deal for the African assets of Kuwaiti telecom group Zain, who agreed to proceed...

France Telecom to win Ethiopian contract?

France Telecom has reportedly been selected to manage Ethiopia’s telecom operator ETC, overcoming rival offers posted by South Africa’s MTN Group and India’s BSNL, this according to a report from online news service Afrik.com. Although not officially confirmed, a formal...

Essar acquires Warid Uganda, Congo

As part of its strategic plans to grow its businesses in Africa, Essar group has acquired 51% equity for about $160 million, in Dhabi Group's Warid Telecom operations in Uganda and Congo, reports Times of India. The combined value of...

Telkom, seven others, shortlisted for Zamtel bid

Eight companies and consortia have been shortlisted to bid for a stake of between 51 and 75 per cent in Zamtel. South Africa's Telkom and two of india’s largest telecoms firms are on the list of shortlisted firms, this...

Bharti-MTN deal hits another snag

The proposed $23-billion Bharti-MTN merger has received yet another knock after the Indian government announced today that dual listing is not possible unless there is a radical shift in policy, according to media reports. The South African government is seeking...

Bharti sweetens MTN offer

In an attempt to seal the MTN deal Bharti Airtel is offering to retain the top management of MTN for at least three years, giving the option of an all-cash offer to minority holders of MTN, and more shares...
- Advertisement -spot_img

Latest News

South Africa’s Premier Gaming Showdown Returns for 2025

The 2025 MTN SHIFT Gaming Experience in South Africa returns on 18 May, featuring the EAFC 25™ National Football...
- Advertisement -spot_img