mobileVAS

February 25, 2010

Axiata triples net thanks to forex, subs growth

The chief executive of Malaysia-based Axiata Group has deemed 2009 a “spectacular year” after the company tripled full-year earnings.
 
The carrier, which has operations in ten southeast Asian countries, reported RM1.65 billion ($484.8) net profit in 2009, up from jus

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February 9, 2010

Axiata Bangladesh finalizes IPO plans

As share market confidence continues to return, two leading mobile operators in developing Asia – Axiata Bangladesh and Vietnam’s MobiFone – prepare for local IPOs.
 
Axiata Bangladesh’s chairman, Ghazzali Sheikh Abdul Khalid, is due to arrive in Dhaka today to di

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January 19, 2010

Bharti Airtel eyes African telecom PSUs

Filed under: ASIA, Bangladesh, Bharti Airtel, MTN, Mobile, South Africa, Warid Telecom, operator — Editor @ 6:00 pm

www.WirelessFederation.com/news: After acquiring a majority stake in the Bangladeshi mobile operator Warid Telecom, Bharti Airtel has expressed its desire to acquire government-owned telcos in developing countries like Africa which are up fJoin Now Feee

January 18, 2010

Warid reveals bigger plans with Indian partners

Filed under: ASIA, Africa, Bangladesh, Bharti Airtel, India, Mobile, Warid Telecom — Editor @ 6:14 pm

www.WirelessFederation.com/news: After disinvesting majority of its shares in its Africa and Bangladesh operations to Ruias promoted Essar group and Bharti Airtel, the Dhabi Group-owned Warid Telecom has planned to jointly bid for telecom l[Content protected for Silver members only]

Chris Tobit appointed Warid’s CEO by Airtel

Filed under: ASIA, Bangladesh, Bharti Airtel, India, Mobile, Warid Telecom — Editor @ 6:11 pm

www.WirelessFederation.com/news: Chris Tobit has been appointed as director of sales and operations, enterprise business to head Bharti’s Airtel newly acquired Warid Telecom. Airtel has bought 70% stake in Bangladesh’s Warid telecom.
Ch[Content protected for Silver members only]

January 16, 2010

Teletalk receives USD211 million loan from China

Filed under: 3G, ASIA, Bangladesh, China, Mobile, Teletalk, Vietnam, Viettel, operator — Editor @ 4:29 pm

www.WirelessFederation.com/news: USD211 million in loans will be provided to Bangladeshi state-run mobile operator Teletalk , by the China’s government to develop its future 3G network.

January 15, 2010

Bangladeshi mobile market grows despite slow ‘09

www.WirelessFederation.com/news: With an annual rise of 17 percent, 7.79 million subscribers were added by six mobile phone companies in Bangladesh. However, this has been the lowest growth rate since 2005. The lower growth rate has been at[Content protected for Silver members only]

January 14, 2010

Bharti launches new offshore arm to target South Asia

www.WirelessFederation.com/news: With the aim to spearhead its expansion into the south Asia region, Bharti Airtel has planned to launch a dedicated offshore arm on April 1. According to Sunil Bharti Mittal, chairman & managing director of Bharti, the company will develop comprehensive plans for its journey to cover emerging markets beyond India and South Asia.
This [...]

January 13, 2010

Bangladesh’s Warid purchase confirmed by Bharti Airtel

www.WirelessFederation.com/news: With the total investment of USD300 million, Bharti Airtel, an Indian telecom operator confirmed the acquisition of 70% stake in Bangladeshi cellco Warid Telecom besides, taking over management and board control from the current sole owner, the UAE’s Dhabi Group.
Warid’s share acquisition will be partly done via the purchase of existing shares held in [...]

Bharti to buy 70% of Warid for $300m

India’s largest cellco Bharti Airtel has agreed to pay $300 million for a 70% stake in Bangladesh operator Warid Telecom.
 
Bharti said Tuesday it will purchase the 70% stake in Warid from the Dhabi Group, whose 100% interest in Warid will fall to 30% after the transaction is finalized.
 
Bharti will also subscribe to fresh equity in War

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