Browsing: Vivendi

MultiChoice Group, the owner of DStv and Showmax, surprised investors on Monday when it revealed that France’s Groupe Canal+ has acquired 6.5% of its equity, sending its shares leaping higher.

United Arab Emirates telecommunications firm Etisalat said on Monday that it has raised €3,15bn to fund the acquisition of French media giant Vivendi’s 53% stake in Morocco’s main provider, Maroc Telecom. The funds were raised with a group of 17 international, regional and local banks in the UAE. “Financing consists of

Korea’s KT Corp appears once again to be in discussions with Telkom, this time over the sale of the partially privatised South African telecommunications operator’s Internet service provider assets elsewhere in Africa. According to a report in Korea IT Times