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Axiata, Bharti Airtel to merge Bangladeshi ops

2016-01-28 01:00:00| Total Telecom industry news

Combined entity to boast nearly 40 million mobile subscribers; Malaysia-based Axiata to take controlling share.

STMicroelectronics SoCs deployed by MyBox in Airtel Digital TV STB

2016-01-21 09:30:49| Digital TV News

STMicroelectronics (NYSE: STM) is celebrating the successful field deployment of satellite set-top boxes (STB) from MyBox A Hero Electronix Venture for Indias Airtel Digital TV. MyBoxs Digital HD STBs are powered by STs STiH237 satellite SoC.

Tags: tv digital deployed stb

Orange buys Airtel operations in Burkina Faso, Sierra Leone

2016-01-13 09:09:00| Telecompaper Headlines

(Telecompaper) Orange is continuing its acquisition drive in Africa and has agreed to acquire Bharti Airtel's operations in Burkina Faso and Sierra Leone. Orange will acquire 100 percent of the two companies, which generate annual revenue of around EUR 275 million. The purchase price is equal to around 7.9 times their annual EBITDA. The acquisitions will be implemented in partnership with Orange's subsidiaries in Cote d'Ivoire and Senegal and are still dependent on local regulatory approval. The takeover adds another two countries to Orange's African footprint, taking it to a total 20, as well as almost 5.5 million subscribers.

Tags: operations orange sierra leone

Airtel to invest INR 600 bln in 3-year network expansion

2015-11-30 12:15:00| Telecompaper Headlines

(Telecompaper) Indian mobile operator Bharti Airtel announced plans to invest around INR 600 billion in its network expansion over the next three years. Under its 'Project leap', Airtel will deploy over 70,000 base stations in the current fiscal, and 160,000 base stations in the next three years. It will also invest in improved backhaul and fixed broadband services in order to meet growing demand for internet access from consumers and businesses.

Tags: network expansion invest inr