Vodafone signs agreement to sell Vodafone Malta for €250 million
LONDON: Vodafone Group Plc has entered into an agreement to sell 100% of Vodafone Malta (VFML) to Monaco Telecom SAM for an enterprise value of €250 million, a notice issued…
Boku partners with global mobile telecom group to provide mobile identity verification
LONDON: Boku Inc., the world’s leading independent direct carrier commerce company, has entered into a partnership with a global mobile telecommunications group (The Partner) to provide mobile identity verification capabilities.…
S&P places Bharti Airtel on CreditWatch Negative
SINGAPORE: S&P Global Ratings placed the ratings of Bharti Airtel on CreditWatch with negative implications to reflect a potential deterioration in Bharti Airtel’s credit metrics following an adverse court ruling.…
Emirates Telecom (Etisalat) posts 3.14% growth in profits to AED 2.623 billion in Q1 2019
ABU DHABI: Emirates Telecom Group Company (Etisalat) has announced a net profit of AED 2.623 billion for the quarter ended March 31, 2019, up 3.14 percent compared with the profit…
Singtel to subscribe to Bharti Airtel’s rights issue
SINGAPORE: Singtel has announced that it will subscribe to 170 million new shares in the INR 250 billion ($3.5 billion) rights issue by regional associate Bharti Airtel (Airtel) at an…
Moody’s revises outlook for Singtel Optus and Optus Finance to negative
SYDNEY: Moody’s Investors Service (Moody’s) has revised the ratings outlook on Singtel Optus Pty Limited (Optus) and Optus Finance Pty Limited (Optus Finance) to negative from stable. At the same…
PTCL returns to full year revenue growth for the first time since 2014
KARACHI: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the year ended December 31, 2018, at its Board of…
Customs Intelligence seizes telecommunication equipment worth Rs91 million for mis-declaration
KARACHI: Directorate of Customs Intelligence Karachi on an information seized telecommunication equipment and accessories including energy storage units and accessories etc. imported by cellular companies including Telenor, Zong and PTCL.…