je.st
news
Tag: cellcom
Orange signs agreement to buy Cellcom Liberia
2016-01-12 10:09:00| Telecompaper Headlines
(Telecompaper) Orange has entered into a firm agreement to acquire Cellcom Telecommunications through Orange Cote d'Ivoire. The acquisition is part of Orange's international development strategy, seeking to accelerate growth by entering new emerging markets with high potential. Cellcom's founders and employees will remain involved in the business to ensure a smooth integration, support performance and continue long-standing relations with the government. A reinforced presence in Africa is a strategic priority for the group.
Tags: buy
agreement
orange
signs
Orange enters Liberia via Cellcom acquisition
2016-01-12 01:00:00| Total Telecom industry news
French incumbent says deal fits with telco's international development strategy
Tags: orange
acquisition
liberia
enters
Cellcom to acquire Golan Telecom for ILS 1.17 bln
2015-11-05 08:45:00| Telecompaper Headlines
(Telecompaper) Cellcom announced an agreement with Golan Telecom and its shareholders for the purchase of 100 percent of Golan for ILS 1.17 billion. Golan launched mobile services in Israel in 2012, focusing on low-cost, 'all-in' tariff plans. It counts around 900,000 customers as of November, with a comparatively low churn, Cellcom said. Golan is expected to end 2015 with revenues exceeding ILS 500 million. The purchase price represents an enterprise value of ILS 1 billion for Golan, equal to around 5x adjusted EBITDA for this year. Up to ILS 400 million of the purchase price will be paid as a mandatorily convertible 5-year note issued to the sellers by the company. The note will be repaid with the issue of ordinary Cellcom shares.
Cellcom Israel announces $300M deal to buy Golan Telecom
2015-11-05 08:25:26| Telecom - Topix.net
Amid mixed signals from Israel's government over the benefits of telecom consolidation, Cellcom Israel has announced an agreement to buy Golan Telecom for 1.17B shekels . That deal means an enterprise value of about 1B shekels for Golan and an EV/EBITDA multiple of about 5, Cellcom says.
Consolidation in Israel as Cellcom buys Golan Telecom
2015-11-05 01:00:00| Total Telecom industry news
Israel's biggest mobile operator agrees to acquire low-cost player, but regulatory approvals could be difficult to obtain.
Tags: israel
telecom
consolidation
buys