Deal of the week
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| KPN has agreed to pay €610 million to acquire the remaining 40% of Reggefiber that it does not already own. [read more] |
Midweek Mergers
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| British incumbent BT is planning to abandon its wholesale unit and incorporate the division into its Openreach subsidiary, the Telegraph reports. [read more] | |
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| PT Telekomunikasi Indonesia (Telkom) has announced plans to monetise 4,000 of its 17,000 telecoms towers. [read more] | |
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| Thai telecoms group Jasmine International has announced plans to raise up to $1.98 billion through an infrastructure fund IPO. [read more] |
International Investments
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| Cisco is to invest $1.7 billion in its India operations according to local reports. [read more] | |
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| India’s Reliance Jio Infocomm is looking to raise $1.5 billion to refinance several loans it acquired in 2010, according to local reports. [read more] | |
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| South African operator Telkom SA has reportedly laid off over 400 managers, after its first-half profits fell by 62% year-on-year. [read more] |
