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Belarus has budged on the starting price for its majority stake in MTS Belarus, lowering it to US$863m.
The state property committee confirmed the new price today, a significant drop on the US$1bn figure the government previously asked.
Telekom Austria (TA) has decided not to join peers in appealing against the results of Austria’s recent €2bn (US$2.7bn) LTE spectrum auction.
A spokesperson for the incumbent, which bid €1.03bn (US$1.4bn) for half of the available frequencies, confirmed it will not file an appeal so as not to jeopardise the development of its LTE network.
Caribbean-focused operator Digicel Group is to launch a private placement of US$500m 8.25% senior notes due 2020.
In September last year, Digicel had already issued US$1.5bn of its 8.25% senior notes due 2020.
The CEO of Algerian operator Nedjma, which has recently been rebranded Ooredoo Algeria after its Qatari parent, is considering listing a 10-15% stake in the company next year.
In an interview with a local radio station, Joseph Ged said that the IPO on the country’s stock exchange could help “boost the financial market in Algeria”.
Telecom Italia (TI) has completed a small part of the US$960m disposal of its controlling 22.7% stake in Telecom Argentina to Fintech, the vehicle of Mexican investor David Martinez.
In a statement TI said it has completed the sale of direct and indirect stakes in Telecom Argentina held by its subsidiary Tierra Argentea to Fintech for a total of US$109m.
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