OneWeb rescued by UK, Bharti Enterprises
A consortium led by the UK government and a division of Indian conglomerate Bharti Enterprises won a move to acquire satellite communications provider OneWeb, committing $1 billion to relaunching operations halted by a bankruptcy move.
GSMA chairman calls for industry recognition
LIVE FROM GSMA MOBILE WORLD CONGRESS AMERICAS 2018: GSMA chairman Sunil Bharti Mittal argued for greater appreciation of the mobile industry’s contribution to the global economy, claiming the sector has become a target for government entities seeking to raise revenue.
Blog: Airtel Africa – A race to profit
Whether or not Airtel’s decision to sell four of its African operations (Burkino Faso, Chad, Congo Brazzaville and Sierra Leone) to Orange leads to more divestment, and even an eventual exit from the continent, remains to be seen.
India approves spectrum sharing, but delays decision on trading
India’s government yesterday approved the sharing of spectrum between mobile operators but has not yet made a decision on the trading of spectrum, a long-awaited reform that many say could kick off a wave of mergers and acquisitions in the…
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