Telenor’s planned sale of its 51 percent stake in Myanmar's Wave Money, a digital payment service provider, for $53 million to a subsidiary of Yoma Strategic, mentioned in these pages in early January, is finally going through.
Telefonica Colombia, the largest telecommunications company in Colombia, has closed the sale of its fibre to the home (FTTH) assets in the country to American venture capital giant KKR for a total of around EUR 175 million after receiving the corresponding regulatory clearance.
Investment firm Kismet Capital Group, through its joint venture with telecoms company Megafon, can apparently now boast the largest tower asset portfolio in Russia after a major acquisition involving a Russian infrastructure company.
Multinational operator Airtel Africa has confirmed what is referred to as the first closing of the transaction to sell its telecoms tower assets in Tanzania for some $176.1 million.
It may come as little surprise to most observers that, having tried to offload its Myanmar mobile communications business, Telenor now aims to sell its 51 percent stake in Wave Money, one of Myanmar’s biggest mobile payment services.
