Two of India's largest telecom operators Bharti Airtel and Idea Cellular have an increase revenue market share in 2015. However, Morgan Stanley predicted the companies will face substantial challenge in 2016.
Singapore Telecommunications, Southeast Asia's largest telecommunications operator by revenue, is buying U.S.-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector.
India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.
Bharti Airtel and Airtel Broadband had announced the approval of the merger plan between the two Indian telecommunications firms.
The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.
Bharti discussed the sale of its Direct-to-Home unit to Liberty Media.
A 2% increase of shareholdings was done by Bharti Airtel in the venture established with Qualcomm Inc.
Bharti Airtel increased its current stake in Qualcomm Inc from the previous 49% to 51% announced last Thursday.
Bharti Airtel shareholders approved the sale of 5% equity worth US$1.2 billion to Qatar Foundation Endowment.
Indian group Bharti Airtel's mobile phone tower unit has filed for an initial public offering.
India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.
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