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Contango Closes Previously Announced Private Equity Capital Raise
2019-12-24 01:51:23| OGI
Contango Oil & Gas Co. said Dec. 23 it has closed its previously announced private placement of 19,000,000 shares of common stock and 2,340,000 shares of Series C preferred stock.
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Vodafone Idea considers fibre network and data centre sell off to raise some quick cash
2019-12-11 01:00:00| Total Telecom industry news
Cash strapped Indian telco, Vodafone Idea, is reportedly in talks to sell off its fibre optic network business and data centre operations, as it attempts to raise $2.5 billion to pay off its outstanding government debt. Brookfield Asset Management is potentially interested in acquiring the fibre optic business…read more on TotalTele.com »
Bharti Airtel to raise $3bn ahead of AGR payment
2019-12-04 01:00:00| Total Telecom industry news
India's third largest mobile network operator, Bharti Airtel, has announced plans to raise over $3 billion, as it looks to begin making payment of outstanding dues which it owes to the Indian government…read more on TotalTele.com »
Indian telcos raise tariffs and declare an end to the country's bitter price wars
2019-12-02 01:00:00| Total Telecom industry news
Bharti Airtel, Vodafone Idea and Reliance Jio have all announced new, costlier monthly tariffs, bringing to an end a protracted price war between India's big three telcos. The move is intended to help telcos boost their Average Revenue Per User (ARPU), which is currently hovering around the $1.50. Earlier this year…read more on TotalTele.com »
Farm troubles raise risk for Trump in trade talks
2019-11-24 01:37:28| BBC News | Business | UK Edition
The US-China trade war has taken its toll on farmers and bankruptcies are on the rise.
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