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VimpelCom and Global Telecom enter agreement to sell their operations in Zimbabwe

2015-11-18 10:54:01| Telecom - Topix.net

Telecel International owns 60% of Telecel Zimbabwe Ltd. Transfer of ownership to ZARNet will occur after customary conditions are satisfied. This release contains forward-looking statements.

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French Telecom Giant Set To Sell Armenian Wireless Network

2015-07-22 19:31:51| Wireless - Topix.net

The French mobile phone giant Orange on Wednesday confirmed Armenian media reports that it is close to selling its subsidiary in Armenia to another, locally owned telecommunication company. Francis Gelibter, the chief executive of Orange Armenia, said the company is now negotiating with the Ucom operator that runs the country's largest fiber-optic cable network providing broadband Internet and fixed-line telephone connections.

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Telecom Italia reveals plan to sell towers

2015-05-22 02:00:00| Total Telecom industry news

Italian telco announces that it will offload 40% stake in INWIT via IPO.

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Hutchison to Sell U.K. Telecom Stake for $4.3 Billion

2015-05-08 07:00:14| Telecom - Topix.net

Investors will be buying stakes in Hutchison 3G UK Holdings Ltd., which will be the combined 3 UK and O2 UK businesses, Hutchison Whampoa said. Photographer: Aidan Crawley/Bloomberg Li Ka-shing's Hutchison Whampoa Ltd. said investors have agreed to pay an initial 2.8 billion pounds for stakes in its U.K. telecommunication business after the billionaire's company agreed to buy Telefonica SA's O2 unit.

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UPDATE 1-Egypt's Global Telecom to sell Djezzy majority stake for $2.6 bln

2015-02-01 16:50:33| Telecom - Topix.net

Egypt's Global Telecom will sell a 51 percent stake in Djezzy for $2.6 billion while keeping operational control of the Algerian mobile operator, Global said in a statement on Sunday. The sale to the Algerian National Investment Fund is the result of a deal reached last April between GTH's Russian parent firm Vimpelcom and Algeria to end a dispute over the country's moves to nationalise Djezzy.

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