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.
Qtel purchases Indosat for US$1.8 billion
July 1st, 2008 — Issue 2 July/August 2008
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.
Bangladeshi mobile operators to network share
July 1st, 2008 — Issue 2 July/August 2008
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.
South Africa bans long contracts and SIM locking
July 1st, 2008 — Issue 2 July/August 2008
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.
Zain seeks US$5 billion to fund three African acquisitions
July 1st, 2008 — Issue 2 July/August 2008
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.
