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Recent Posts Tagged With 'acquisition'
Bharti Airtel looks at SAARC region for buyouts
Bharti Airtel today said it is looking at acquisitions in the South Asian Association for Regional Cooperation (SAARC) region, especially in Bangladesh. “We have always said that we are interested in the SAARC region… We have been interes...
Essar Tele to buy majority in Dhabi’s African telecom ops
The Ruia family owned Essar Teleholdings has sealed a deal with the Dhabi Group to buy a controlling stake in the UAE firm’s African telecom assets for an undisclosed amount, bolstering its presence in one of the world’s few remaining telecom hot...
Google to Buy AdMob For $750 Million
Google has agreed to acquire mobile ad firm AdMob, a move that will give it a much larger footprint in the mobile ad marketplace. AdMob was founded in 2006 as a mobile ad network focused on selling and serving display ads on mobile browsers. However ...
Rediff.com & Imere Technologies bring location based internet services
A Bangalore based company Imere Technologies has brought in newer geospatial applications as well as latest internet location based services with the help of leading online portal, Rediff.com. Imere works with Cell-ID, IP Addresses, Wi-Fi, GPS along ...
MindTree enters mobile phone biz
In what can be viewed as a big shift in its business, mid-tier information technology (IT) solutions company MindTree Ltd on Monday announced that it has entered the business of developing ready-to-brand (R2B) mobile handset products with the recent ...
Bharti-MTN deal called off (second time)
Telecom giant Bharti Airtel on Wednesday called off discussions with MTN for the $23-billion merger deal saying the South African government has rejected the proposed structure. This is the second time in just over a year when Sunil Mittal-led Bharti...
Russian Government to buy stake in Sistema Shyam TeleServices
Russian Government is said to have budgeted $680-$780 million to acquire a 20% stake in Indian Mobile operator – Sistema Shyam TeleServices. Russia’s Sistema owns 73.71 percent in the company and India’s Shyam Group holds 23.79 percent. Russian...
Bharti and MTN deal has hit a hurdle
The $23-billion deal between Bharti and MTN deal to create a transcontinental mobile behemoth has hit a hurdle as the South African government has sought dual listing for MTN that would allow MTN shares – not depository receipts – to be t...
Spice gets nod for merger with Idea
AXIATA Group Bhd said shareholders of its 49 per cent held Spice Communications Ltd have approved the latter’s merger with Idea Cellular Ltd, which Axiata holds a 14.99 per cent stake. The approval was obtained at the respective court convened meet...
BSNL, MTNL eyeing controlling stake in Zain (Kuwait’s biggest telecom operator)
India’s state-owned phone companies, Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), are considering the purchase of a controlling stake in Kuwait’s biggest telecom operator, Zain, for about $14 billion (Rs67,900 crore)....
