Media groups join Delta Partners in Karoui & Karoui

Dubai-based technology, media and telecoms advisory firm, Delta Partners, has announced a major investment in its portfolio company Karoui & Karoui World by media groups Mediaset and La Quinta Communications.

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Qtel purchases Indosat for US$1.8 billion

Qtel has completed the purchase of a 40.8 per cent stake in PT Indosat from Asia Mobile Holdings (AMH) for US$1.8 billion and has said it is examining a full takeover.

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Bangladeshi mobile operators to network share

Bangladeshi operators, Warid Telecom and Pacific Bangladesh Telecom (Citycell) have signed an agreement to share the passive elements of around 350 of their respective base stations – covering towers, poles, transmitter equipment, transmission bandwidth and power supplies.

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South Africa bans long contracts and SIM locking

Operators in South Africa will no longer be allowed to offer contracts exceeding 24 months, extend a contract in exchange for subsidised phones, or SIMlock handsets.

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Zain seeks US$5 billion to fund three African acquisitions

Celtel’s CEO Chris Gabriel has indicated the Zain Group will seek US$5 billion through an IPO listing in an unspecified European stock exchange, thought to be the London bourse, in order to fund the acquisition of three more African operators within a year.

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