Shares
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Airtel Africa, marked its membership of the FTSE 100 share listing this week with revenue up almost 25% and earnings up 34%. -
Activist investors; shareholding U-turns; and STL's Ankit Agarwal
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Telefónica and the London-based real estate company Pontegadea are to buy out KKR's 40% stake in Telxius Telecom, which has a 94,000km international network of submarine cables.
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BT shares have fallen following news that Patrick Drahi has increased his stake in the company to 18%
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In a move intended to promote the development of efficient and high-value 5G networks, JTower and DOCOMO have formed a capital and business alliance.
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A London start-up company is expected to become the UK’s first in quantum technology to list its shares.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players. -
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Orange has formally submitted its interest to acquire a stake in Ethio Telecom, confirmed Ethiopia’s ambassador to France.
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Reliance Retail Ventures Limited (RRVL) has acquired a 40.95% stake in Just Dial Limited (Just Dial) for $466.1 million (Rs 3,497 crores).
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Helios Towers says it has raised US$160 million in equity and bonds in order to invest in more tower infrastructure in Africa and elsewhere.
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Mavenir, the open RAN company that last year abandoned a US$300 million share flotation plan, has had a $500 million investment from part of the Koch family group.
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Chinese electronics manufacturer Xiaomi is diversifying into electric vehicles and computer chips.
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The majority share in South Carolina broadband provider Hargray Communications has been sold in a $2.2 billion deal.
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Vitruvian Partners has agreed to take a majority shareholding in Expereo, a provider of managed internet, cloud access and SD-WAN solutions.
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Shares in Telefonica were trading 8.7% higher yesterday, following confirmation the multinational telco will sell its Telxius Towers unit.
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Rounding off a tumultuous year TMT deals didn’t stop over the holiday season.
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Saudi Arabia's multi-million investment fund is reportedly building a stake in BT Group.
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Bharti Telecom, parent company of Bharti Airtel (Airtel), has announced plans to sell a $1 billion stake in Airtel.
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SoftBank Group Corp has announced plans to sell a 5% stake in its Japanese wireless telco SoftBank Corp.
