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AXIATA INVESTMENTS
Airtel Lanka to merge with Dialog Axiata in Sri LankaIn a release issued on Tuesday, the companies said discussions with respect to the proposed merger are ongoing between the two parties and ...- Malaysia's Axiata Group Berhad exits Voda Idea, latest foreign investor to leave IndiaThe Malaysian telco's exit leaves only SingTel and Vodafone Group from among the old-time foreign investors in the debt-laden sector. Inten...
- Airtel subsidiary buys additional 6% stake in Bangladesh's Robi AxiataThe subsidiary already owns 25 per cent stake in the Bangladeshi firm.
- Malaysia's Axiata group renounces shares entitlementA move which will bring down Axiata's stake in India’s largest telecom operator to 2.6% from 8.1%.
- Axiata Group may skip Voda Idea rights issue, lower stakeAxiata has “no intention of exiting the India market at this juncture,” a spokeswoman of Axiata Group told ET.
- Axiata takes a Rs 5,692 crore charge on Idea investmentAfter the merger, Axiata - which owns 16.33% in Idea – will own just over 8% in the combined entity – Vodafone Idea Ltd.
- Analysing impact of the Vodafone-Idea deal: AxiataAxiata has been a strategic shareholder in Idea for nine years. Post the merger, its stake in the company will also get diluted.
- Malaysia's Axiata looks to sell its 20% stake in Idea CellularFormerly Telekom Malaysia, Axiata had originally asked Idea’s parent, the Aditya Birla Group, to buy back the holding but was turned down.
- US PE firm Providence to offload stake in Idea Cellular; mulls to sell 5% indirect holding in Indus TowersUS PE firm Providence is looking to sell its 5% indirect holding in Indus Towers by offloading its stake in Idea Cellular, people familiar ...
- Idea Cellular to raise Rs 750 cr through preferential issueIdea said the securities allotment committee of the board, at its meeting on June 10, has approved issuance of 5.18 crore shares at a price...
- Idea raises Rs 3,750 crore from QIP, preferential issueIdea in separate filings to the BSE said the securities allotment committee of the board of directors has approved issuance of up to 5.18 c...
- FIIs, global pension funds, AMCs rush to take a bite of Idea Cellular's Rs 3,000 cr QIPIn August, Goldman Sachs recommended a buy rating on Idea, which it chose as the top pick among Indian mobile telephony companies.
- 'Notices received for settling cancelled telecom licence issues'The Supreme Court in its February order quashed licences granted to private operators on or after January 10, 2008.
- Malaysia headquartered Axiata Group threatens Indian government with international arbitrationAxiata Group has threatened claim damages and drag the Indian government to international arbitration.
- Axiata may not infuse equity in Idea Cellular if Trai's 2G proposals are approvedAxiata CEO Jamaludin Ibrahim told reporters that Indian telecom sector would not be able to attract foreign investment in the current envir...
- Axiata keen to raise stake in Idea Cellular: ReportMalaysian telecom player Axiata is keen to raise its stake in its Indian partner Idea Cellular once it receives permission from the promote...
- Axiata hikes Idea stake to 5.91%,buys shares worth Rs 306.69crPrivate telecom service provider Idea Cellular today said Axiata Investments 2 (India) Ltd has hiked its stake in the company to 5.91 per c...
- Firstsource to acquire 74 per cent stake in Sri Lanka telco's BPO armBPO service provider Firstsource Solutions on Tuesday said it will acquire a 74 per cent stake in Sri Lanka's telecom service provider Dial...
- Idea 3G: Further upside linked to rollout successIdea, has been grappling with lower profitability due to intense competition despite impressive subscriber additions.
- Idea-Spice merger may ring in gains for Malaysian allyThe principal promoters of Idea Cellular have decided that on conclusion of the Idea-Spice merger, the benefit of Axiata’s expanded holding...
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