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Liquid Telecom buys Neotel for ZAR 6.55 bln

2016-06-28 08:33:00| Telecompaper Headlines

(Telecompaper) Tata Communications and minority shareholders led by Nexus Connexion have agreed to sell South African operator Neotel to Liquid Telecom for ZAR 6.55 billion. Liquid Telecom is partnering with Royal Bafokeng Holdings (RBH), a South African empowerment investment group, which has committed to take a 30 percent equity stake in Neotel.

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Liquid Telecom to buy Neotel for 390m

2016-06-28 02:00:00| Total Telecom industry news

India's Tata brokers new deal to exit its South African operation.

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Maroc Telecom launches FTTH across Morocco

2016-06-24 08:34:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom has announced that its Fibre to the Home (FTTH) service is now available in every major city in Morocco after positive results from trials in selected districts in Casablanca and Rabat. The company provides two packages: 50 and 100 Mbps. Customers can also choose between Fiber Optic only or as part of the MTBox package. MTBox Fiber Optic allows unlimited calls to domestic fixed-line numbers and, depending on the package chosen, 5 to 10 hours of free calls to domestic mobile numbers, as well as access to the Prestige or Evasion package, it said in a statement.

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Tunisie Telecom tables offer for Maltese quad player

2016-06-15 02:00:00| Total Telecom industry news

Telco makes 2.87 per share cash offer; acceptance period opens on 24 June.

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Tunisie Telecom makes EUR 2.87 per share bid for Malta's Go

2016-06-14 14:08:00| Telecompaper Headlines

(Telecompaper) Tunisie Telecom has made an offer for Go worth EUR 2.87 per share in cash. Shareholders at the Malta operator will have an acceptance period running from 24 June to 22 July. The news follows the announcement in May that Go was selected as the preferred bidder to take over the company. Batelco was the other known company that offered to buy Go.

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