Megafon (MFON.MM) (MFONq.L), Russia’s second-biggest mobile phone operator, is to buy next-generation service provider Scartel for $1.2 billion to extend its lead in the race to provide high-speed internet. The deal unites assets belonging to Russia’s richest man Alisher Usmanov, and boosts Megafon’s position against rivals MTS (MBT.N) and Vimpelcom […]
Tag: telecom
UBA, Other Banks Syndicate $3billion Medium Term Facilities for MTN
Press Release United Bank for Africa (UBA Plc), One of Africa’s leading financial institutions, along with a consortium of local and international banks, Tuesday signed a $3 billion (N470b) loan agreement with MTN Nigeria, towards expanding its network infrastructure in Nigeria. Executive Director, Corporate Bank, UBA Plc, Mr. Emeke Iweriebor […]

