Liquid Telecom

Liquid Telecom buys Tata's Neotel, aims pan-African fibre access

Tata Communications of India and minority shareholders in Neotel led by Nexus Connexion agreed for Liquid Telecom to acquire Neotel for 6.55 billion rand after initial discussions for a merger with South Africa's largest mobile network Vodacom fell through by because regulatory approval was not granted.

Neotel deal to help cut debt; data biz to be in focus: Tata Comm

While Neotel‘s debt will be reduced, the core debt of group will come down by USD 50 million post the deal, says Pratibha Advani, CFO of Tata Communications.

Tata Comm up 8%, Liquid Telecom & RBH to acquire stake in Neotel

Liquid Telecom and Royal Bafokeng Holdings (RBH) have entered into an agreement to acquire Neotel for ZAR 6.55 billion (Rs 2900 crore).

Liquid Telecom to buy Tata's South African arm for Rs 2900 cr

Liquid Telecom will acquire Neotel for Rs 2,900 crore. RBH, post the acquisition, will hold 30 percent stake in Neotel.

Airtel ties with Liquid Telecom for fibre network in Africa

"The framework agreement enables Airtel operations to leverage Liquid Telecom's existing 20,000km-long fibre network across east, central and southern Africa, as well as enjoy new purpose-built fibre infrastructure, to connect Airtel's mobile base stations and enterprise customers with fibre," Airtel said in a statement.