Deal of the week
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| Japanese mobile operator NTT DoCoMo has announced plans to acquire Austria’s fine trade, an e-commerce trading solution provider. [read more] |
Midweek Mergers
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| Bharti Airtel may sell its Sri Lankan operations, Bharti Airtel Lanka, to Etisalat. [read more] |
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| Telefónica has raised the value of its offer for KPN’s German unit, E-Plus, and secured approval for its bid from KPN shareholder and owner of América Móvil, Carlos Slim. [read more] |
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| India’s Reliance Communications has confirmed it is in talks regarding the sale of a stake in its undersea cable assets. [read more] |
International Investments
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| Malaysian company Axiata Group is planning an IPO of its tower assets, estimated to be worth up to $500 million. [read more] |
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| The Myanmar government has voted to approve the country’s telecoms bill. [read more] |
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| The South Korean government has announced it will ease regulations on foreign investment in the telecoms sector, in a bid to open up the market to investors. [read more] |
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| A court In Frankfurt has cleared Deutsche Telekom of overcharging Kabel Deutschland for the use of the German operator’s cable ducts. [read more] |