Airtel has set an enterprise value of Zain Africa at $10.7 billion, with $10 billion to be paid on closing, and $700 million to be paid one year after the ... Continue_Reading

Update: An ownership dispute between Econet Wireless and Zain has come in the way of Airtel’s plans to acquire the latter’s African operations, with Business World reporting Econet Chief Executive ... Continue_Reading

Nokia To Launch Financial Services Nokia will soon launch ‘Nokia Money’ its financial and banking services in India. They are in talks with six banks for the same and plan to utilize its ... Continue_Reading

Update: Curiouser and curiouser: Rediff has an interview with Farid Arifuddin of Vavasi Technolgies, particularly questioning him about his political affiliations, connections and proximity to the Congress (I). Business Standard too ... Continue_Reading

The two Indian PSUs BSNL and MTNL may be joining a consortium that is buying a 46% stake in the Kuwait-based Mobile Telecommunications Company K.S.C., also known as Zain Telecom. However, the telcos have ... Continue_Reading

Reliance Communications (RCOM) has joined the clutch of Indian telcos seeking to establish their presence in Africa. RCOM is in talks with Mobile Telecommunications Company K.S.C. (known as Zain) for ... Continue_Reading

Rajiv Sawhney, the President Director at Hutchison Telecom, has been roped in to head Loop Telecom, reports the Economic Times. Loop is a subsidiary of BPL mobile, and has the ... Continue_Reading