MVNO group Lebara to change hands
Investment company Waterland Private Equity inked a deal with the owners of Lebara Group to acquire the multi-market MVNO for an undisclosed sum, as the buyer cited the opportunity for the mobile player’s further expansion.
The post MVNO group Lebara to change hands appeared first on Mobile World Live.
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Indonesia smartphone demand recovers on 5G gains
Indonesia's smartphone market rebounded in Q2 2024, aided by a low base a year earlier as the country experienced an economic downturn, data from Counterpoint Research showed.
The post Indonesia smartphone demand recovers on 5G gains appeared first on Mobile World Live.
Bharti Global to become major shareholder in BT
Bharti Global struck a deal with Altice to acquire its 24.5 per cent stake in BT Group, a move which CEO Allison Kirkby claimed backs her long-term strategy and provides a vote of confidence in the UK telecoms giant.
The post Bharti Global to become major shareholder in BT appeared first on Mobile World Live.
Millicom board unimpressed by upped takeover bid
A committee representing Millicom’s board dismissed a revised buyout offer from one of Xavier Niel’s investment companies for significantly undervaluing the operator group, as it remained unmoved from its position advising shareholders to turn the cash down.
The post Millicom board unimpressed by upped takeover bid appeared first on Mobile World Live.
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Optus under pressure over failure to build new ATN sites
AustralianSuper reportedly is pushing Singtel-owned Optus to move ahead with a plan to build more than 500 new towers for Australia Tower Network (ATN), which is majority owned by the investment fund.
The post Optus under pressure over failure to build new ATN sites appeared first on Mobile World Live.