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Financial

Millicom to buy Zanzibar player from Etisalat

Emerging markets operator Millicom is to buy an 85 per cent stake in Zanzibar Telecom …

German auction sails past €1.5B reserve in two days; 900MHz more valued than 700MHz

Two days into Germany’s multi-band spectrum auction, total bids reached nearly €1.9 billion – so …

Avago in “advanced talks” to buy Broadcom – report

Chipmaker Avago Technologies is in advanced talks to buy rival Broadcom in a deal said to …

Nokia Networks boosts SON portfolio with Eden Rock buy

Nokia Networks, the infrastructure arm of Nokia, reached an agreement to buy US-based Eden Rock …

Mexico trims value of mobile network tender – report

Mexico reportedly cut the cost of a proposed tender for a wholesale national mobile broadband …

Altice chairman “seriously considered” KPN takeover bid – report

Patrick Drahi, chairman and founder of Altice – an increasingly acquisitive European cable and mobile …

Idea Cellular looks to offload tower business for $1.2B – report

Idea Cellular, India’s third-largest mobile operator, is reportedly working on a INR78.5 billion ($1.2 billion) …

French economy minister says “time not right” for consolidation

Emmanuel Macron, France’s economy minister, said the country’s operators should think less about consolidation and …

Lenovo Q4 profit hurt by acquisition costs; mobile market share climbs

Chinese player Lenovo saw Q4 net income fall 37 per cent to $100 million, year-on-year, as it …

Samsung wins some ground in US patent dispute with Apple

A US appeals court in Washington DC ruled that around 40 per cent of the …