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Here's an intersection of two big trends: emerging economies producing globally competitive companies, and the burgeoning market for telecom services in the developing world. Russia's Vimpel Communications is spending $267 million for a 40% stake in a mobile-communications joint venture with Global Telecommunications Corp., a Vietnamese state-owned firm, and its...
Posted on July 8, 2008 9:51 AM
Mobile phone company Vodafone Group plc is buying a 70% stake in fixed-line and mobile operator Ghana Telecommunications Co. from the government for $900 million. Vodafone's revenue from emerging markets surged 45% to 9.35 billion pounds while sales in Europe increased 6.1% to...
Posted on July 3, 2008 1:58 PM
Telecom deal news keeps breaking, from China and India to Sweden, France, the Americas, and now Norway and Africa. Telenor ASA, at its Capital Markets Day gathering on Thursday, said the total number of subscriptions in its mobile operations has passed 150 million. Bloomberg.com reported that Telenor is actively...
Posted on June 20, 2008 8:23 AM
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