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Veon walks away from potential buy out of Global Telecom Holdings

2018-04-04 02:00:00| Total Telecom industry news

Veon has officially withdrawn its interest in purchasing the remaining 42 per cent stake in network operator, Global Telecoms Holding…read more on TotalTele.com »

Tags: buy global potential telecom

 

Veon withdraws offer for Global Telecom

2018-04-03 13:58:00| Telecompaper Headlines

(Telecompaper) Veon announced that it has withdrawn its offer to buy out its Egypt-based subsidiary Global Telecom. The company said it notified the Egyptian Financial Regulatory Authority that, given the lapse of time and absence of approval, Veon is withdrawing the mandatory tender offer filed in November 2017 and does not intend to proceed with another bid at this time.

Tags: offer global telecom withdraws

 
 

Veon CEO Charlier resigns, chairman to take over

2018-03-27 08:41:00| Telecompaper Headlines

(Telecompaper) She will continue her chairmanship while also assuming direct supervision of the company's executive management team. During the transition period until a new CEO is found, she will be supported by Kjell Morten Johnsen, who will take on the role of interim chief operating officer, assisting her in overseeing Veon's operations in its markets.

Tags: ceo chairman resigns chairman ceo

 

Li Tong Group Announces Global Framework Agreement with VEON

2018-03-21 16:25:33| Waste Age

The partnership will help companies manage unwanted telecom infrastructure assets.

Tags: group global agreement framework

 

Last week in telecoms: stocks diverge, from -14% for Veon to +14% for Intelsat

2018-02-26 07:30:00| Telecompaper Headlines

(Telecompaper) Last week (#8) was a good week for European telecoms stocks. Our index (+1.0%) outperformed the broad Eurostoxx 50 Index (+0.4%). The individual performances diverged widely, ranging from satellite operator Intelsat (+14%) to Veon (-14%), the former VimpelCom.

Tags: to for week stocks

 

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