Augere, which owns 4G broadband airwaves in one of India’s 22 telecoms zones, has stopped operational activities and is set to sell its airwaves due to regulatory uncertainties plaguing the sector, the Economic Times newspaper reported on Monday, writes Reuters. Augere, which also owns airwaves in Pakistan, Bangladesh, Uganda, Rwanda and Tanzania, named Harbinger Capital, [...]
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Hong Kong’s Hutchison 3G will buy Orange Austria from France Telecom and a private equity fund in a deal valued at 1.3 billion euros ($1.7 billion) including debt, writes Reuters. The deal by the unit of Hutchison Whampoa follows a cluster of outbound M&A transactions from Asia in early 2012 as firms with large cash [...]
France Telecom and media group Publicis are planning a venture-capital fund targeting the digital economy with a targeted size of 300 million euros ($412.8 million), Reuters reports. (Reuters) – France Telecom and media group Publicis announced a venture-capital fund targeting the digital economy on Monday, with a targeted size of 300 million euros ($412.8 million). [...]
(Reuters) – Danish telecom group TDC’s (TDC.CO) private equity owners still aim to sell it at some time, even though the company has had to abandon plans to sell Swiss unit Sunrise to France Telecom (FTE.PA), its chief executive told newspaper Berlingske. France Telecom and TDC said late on Thursday they had abandoned plans for [...]