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Konga and Yudala confirm merger

2018-04-16 09:15:00| Telecompaper Headlines

(Telecompaper) Nigeria's largest online mall Konga and African pioneer composite e-commerce company Yudala have officially announced a merger of their operations, reports CommunicationsWeek. This will see them effectively become the biggest organised retail and e-commerce marketplace on the African continent, it added. The merger takes effect from 01 May and will see both companies operate under the Konga brand name.

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Category:Telecommunications

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Telenet CEO confirms interest in Voo

2018-04-16 09:03:00| Telecompaper Headlines

(Telecompaper) Telenet has confirmed it's interest in expanding further in the south of Belgium. CEO John Porter told newspaper L'Echo the company has met with Voo's owner Nethys "recently" and sees the Wallonia cable operator valued at EUR 1.0-1.3 billion. 

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Category: Telecommunications

 

 

Open Fiber approves EUR 3.5 bln funding deal for broadband rollout

2018-04-16 08:41:00| Telecompaper Headlines

(Telecompaper) The Open Fiber wholesale-only venture of Italian utility giant Enel and state lender Cassa Depositi e Prestiti (CDP) announced the signing of a EUR 3.5 billion seven-year agreement with a number of banks to support its broadband rollout, confirming earlier reports. The company signed the project finance deal with BNP Paribas, Societe Generale and UniCredit, describing it as one of the largest agreements of its type at a European level in the telecommunications sector.

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Category: Telecommunications

 

 

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