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Veon is likely to complete sale of its Russian division to the management by 1 June, the company said this morning.
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Syntagma Capital has entered into exclusive negotiations with Nexans to acquire its LAN/data centre (LAN/DC) and telecom /fibre (FTTx) division.
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Etisalat Egypt has signed a 4 billion Egyptian pound (US$132.4 million) funding agreement with Commercial International Bank of Egypt so that it can offer new services.
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TIM confirms that it has received a non-binding offer for a stake in its fixed-line network from US investment firm KKR.
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The Telecel group does not plan to fire staff at Vodafone Ghana, which it acquired last month for a reported US$900 million.
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Last year’s M&A deals in the data centre industry were US$1 billion down on 2021, but private equity’s share rose dramatically.
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