Browsing: Tata Communications

News
Neotel appoints new CEO

Econet Wireless Global unit Liquid Telecom has appointed former Vodafone Group executive Kyle Whitehill to head up South African telecommunications operator Neotel and oversee the company’s expansion plans

News
Liquid Telecom talks up possible listing

Liquid Telecom, a unit of Econet Wireless Global, is considering a sale of shares on a stock market after completing the R6,5bn purchase of Neotel to create the largest broadband network in Africa. “A possible listing would be very likely,” CEO Nic Rudnick

News
Liquid consummates Neotel acquisition

Liquid Telecom’s R6,5bn acquisition of South African telecommunications operator Neotel is done. The parties finalised the deal on Friday morning. India’s Tata Communications, which controlled Neotel, along

News
Liquid Telecom to buy Neotel for R6,5bn

Fast-growing and privately held pan-African telecommunications group Liquid Telecom majority owned by Econet Global has agreed to acquire a controlling stake in Neotel for R6,55bn. The deal comes just months after Vodacom was forced

News
What Liquid Telecom gets from Neotel

Econet Wireless Global affiliate Liquid Telecom agreed to pay R6,55bn for South African telecommunications operator Neotel, creating the continent’s largest broadband network and business-to-business phone

News
Neotel sale expected to pass regulatory muster

Telecommunications company Neotel expects regulators to approve the sale of its business to Econet-owned Liquid Telecom before the end of March 2017. India’s Tata Communications, which owns a controlling stake in Neotel, announced on Tuesday

In-depth
Econet, Seacom said to be courting Neotel

Econet and subsea cable operator Seacom are courting Neotel with the view to a potential acquisition, it was reported on Tuesday. The news comes after Vodacom was forced to walk away from its R7bn plan to buy Neotel

News
India’s Tata ‘committed to Neotel’

India’s Tata Communications is putting on a brave face after Vodacom announced on Tuesday that it was walking away from a R7bn deal to acquire Tata’s South African subsidiary Neotel. In a letter to shareholders, Tata Communications

News
Top Neotel executive resigns

Neotel chief corporate services officer Tracy Cohen has resigned. News of her resignation comes on the same day that Vodacom announced that it was in talks with Neotel and its shareholders – led by India’s Tata Communications – about a “revised transaction

In-depth
Neotel to give Vodacom the edge

A competitor with a sharp edge. That appears to be the conclusion if the R7bn tie-up between Vodacom and Neotel goes ahead. While this will be good for investors in Vodacom, it might also be positive for the man

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