Tata Communications shares surge 2% on selling arm Neotel for $428 mnOn the volume front, 4.51 lakh shares of the company were traded at BSE and more than 35.47 lakh shares changed hands at NSE during the day.
29 Jun, 2016, 06.52 PM IST
Tata Communications to sell African subsidiary Neotel for $428 millionLiquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel, the company said in a statement.
29 Jun, 2016, 04.05 AM IST
Bharti Airtel loses Nigeria court case, may face $3 billion payoutNo comments were received from Econet. Airtel Nigeria is part of the African telecom business that Bharti acquired from Zain for about $10....
21 Feb, 2014, 04.50 AM IST
Bharti faces $3 bn hit; experts say valuations good, but upside may be cappedShares of Bharti Airtel slipped as much as 2.2% in intraday trade, after reports said its Nigeria unit has lost a legal battle against Econ...
20 Feb, 2014, 05.17 PM IST
Bharti Airtel loses $3 billion case in Nigeria; stock dipsThe Indian company will now have to pay the amount to Econet Wireless, even as it has the option to move to the country's Supreme Court.
20 Feb, 2014, 01.06 PM IST
- Econet Wireless claims Nigeria High Court has dismissed Bharti Airtel plea
Econet Wireless today claimed that High Court in Lagos has dismissed an application by Bharti Airtel against an award given by an internati...
04 Oct, 2012, 11.18 PM IST
- No suit by Econet Wireless seeking $3.1 bn damages, says Bharti Airtel
Bharti Airtel said no suit has been filed against it by South Africa-based Econet Wireless Ltd (EWL) to seek $3.1 billion as damages.
23 Feb, 2012, 07.10 PM IST
- Bharti Airtel shares fall over 2 pc on bourses
Shares of Bharti Airtel fell by over 2 per cent today, amid Africa's Econet Wireless seeking over USD 3.1 billion in damages.
23 Feb, 2012, 04.56 PM IST
- Bharti Airtel appeals against Nigerian court order on Econet holding
Bharti Airtel said that its Nigerian subsidiary has filed an appeal against a court judgement in Nigeria to reinstate 5% holding of the UK-...
30 Jan, 2012, 10.45 PM IST
- Stay calm, we will clear Nigerian line: Zain CEO
Minority shareholders in its Nigerian unit raised the pitch in a dispute over ownership and confounded Bharti's potential acquisition. Bhar...
20 Feb, 2010, 05.05 AM IST
- Ownership tussle may put a spoke in Bharti-Zain deal
A dispute over the ownership of Zain’s crucial Nigerian unit as well as a legal offensive by a minority shareholder could complicate Bharti...
16 Feb, 2010, 01.26 AM IST
- Subex signs a contract with Econet Wireless, Kenya
Subex Ltd has signed a contract with Econet Wireless Kenya to provide its market leading revenue operations centre.
17 Nov, 2008, 01.04 PM IST
- Essar appoints Michael Foley as CEO,East Africa
Essar Communications Holdings said that it has appointed Michael P Foley as CEO-East Africa.
01 Jul, 2008, 05.04 PM IST
- Essar arm buys 49% in Kenya-based Econet Wireless
Essar Communications acquires the stake by subscribing to fresh capital of Econet Wireless International for an undisclosed sum. Advance gi...
12 Jan, 2008, 08.25 AM IST
- Essar Communications acquires stake in Kenyan telecom firm
Ruias-led Essar Communications Holdings Ltd has acquired a 49 per cent stake in Kenya's Econet Wireless International Ltd for an undisclose...
11 Jan, 2008, 05.16 PM IST
- Subex bags order from Zimbabwe-based Econet Wireless
Solutions provider for telecom operators, Subex Azure, on Monday said it has bagged an order from Zimbabwe-based Econet Wireless for supply...
15 Oct, 2007, 03.45 PM IST
- MTNL, Reliance lead race for Kenya telecom licence
With just few days to go before financial bids for the second national operator’s (SNO) licence in Kenya opens, chances of an Indian compan...
25 Oct, 2006, 03.32 AM IST