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NEOTEL
Tata Communications completes sale of Neotel for Rs 3,200 croreOn June 28, 2016, the shareholders of Neotel entered into an agreement with a Special Purpose Vehicle (SPV) which is 70 per cent owned by L...- Tata Communication gets approval from GOI and Competition Commission of South Africa to sell NeotelLiquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel in June.
- Sale of Tata-led Neotel will boost telecom across Africa: LTNeotel was granted a licence a decade ago amid hopes of fixed line costs coming down as it competed with state provider Telkom.
- 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.
- Tata Comm to sell Neotel to Liquid Telecom, RBH for Rs 2,903 croreLiquid Telecom is partnering with Royal Bafokeng Holdings (RBH), a South African investment group, which is to take a 30 per cent equity st...
- Tata Communications' deal to sell Neotel to Vodacom lapsesThe company on December 10 last year had said that Neotel and Vodafone's South Africa subsidiary, Vodacom have concluded a modified transac...
- Tata Comm concludes deal to sell Neotel fixed line to VodacomTata Communications today said it will sell majority of its subsidiary Neotel's fixed line assets to Vodacom South Africa but will retain c...
- Tata-led Neotel's acquisition gets nod from South Africa anti-trust bodySouth Africa's Competitions Commission has approved over $575 million acquisition of the Tata-led Neotel by the country's biggest telco Vod...
- Tata-led Neotel takeover in South Africa under regulator scrutinyNeotel was established by a Tata-led consortium in 2006 as South Africa's second fixed-line operator to rival government-owned Telkom's mon...
- Tata Communications shares zoom almost 10% on stake sale in NeotelShares of Tata Communications surged almost 10% after Vodafone's South African subsidiary Vodacom reached an agreement to buy Neotel, contr...
- Tata Communications sell Neotel stake to Vodacom for $680mn cashTata Communications confirmed the broad agreement, saying that Vodacom SA has agreed to buy 100 per cent in Neotel for ZAR 7 billion.
- Tata Communications may sell Neotel to Vodacom, stock gains 4%The crux of the transaction lies in regulatory clearances in South Africa as there are challenges with Unions and ownership for people of b...
- Tata Communications rallies on talks to sell stake in NeotelTata Communications owns 67.32 per cent in Neotel and the rest is held by CommuniTel and Nexus Connection.
- Vodacom in talks to buy Tata Comm-controlled NeotelVodacom today said it has entered into exclusive discussions regarding a potential acquisition of Neotel, controlled by Tata Communications.
- Tata-led Neotel expanding operations in South AfricaThe Tata-led telecom company Neotel is looking to expand its operations in South Africa as it introduces innovative offerings in a highly c...
- Tata Communications eyes African markets with Neotel expansionTata Communications plans to turn its South African arm Neotel into a $1-billion enterprise by expanding its footprint.
- Tata-led Neotel faces opposition from S African unionsThe Tatas-led Neotel telecom consortium in South Africa is facing opposition from unions for its retrenchment plans as the company battles ...
- Tata-led Neotel to retrench staff in South AfricaCompany proposes to pay retrenched staff one week's pay for every year of service. There was no detail on the number of staff that might be...
- Tata increases stake in Neotel to 56%The Indian corporate major Tata has bought another 30 per cent stake in the second South African network operator, Neotel, to increase its ...
- Tatas hike stake in SA's Neotel to 56%The Tata group has increased stake in its South African telecom venture, Neotel, by 30%, thereby taking the total equity in the communicati...
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