Vietnam-based telecoms operator Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania, the office of the east African country's president said on Tuesday.
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European shares slipped for a third straight session on Tuesday, weighed down by companies which trade dollar-denominated commodities such as oil, as investors shortened the odds on an early hike in U.S. interest rates.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
Analysts said that Google could disrupt the growth of telecommunications companies' internet service provider business model with its massive amount of cash.
Softbank Inc's bid for Sprint won the approval of the FCC.
News and developments in Asia private equity from Reuters News for the week ending August 31.
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