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Latest TelecomFinance Articles

  • 21 Nov 14

    South African telecoms giant MTN has confirmed the appointment of Themba Khumalo as CEO of its Guinean unit Areeba.

    Khumalo, who replaces Phumzile Joshua Phike, joined the MTN Group in 1994 and has reportedly served in a number of senior roles including CEO in Swaziland, Rwanda and Uganda.

  • 21 Nov 14

    Swisscom would only look at selling its Italian fixed-line unit Fastweb if a bidder came with a “very, very attractive offer”, according to the incumbent’s CFO Mario Rossi.

    Speaking in this month’s issue of TelecomFinance magazine, Rossi said Swisscom was very satisfied with the recent development of Fastweb, which increased its EBITDA by 10% in the first nine months of 2014 in what the CFO described as “a very tough market”.

  • 21 Nov 14

    Airtel Kenya, the country’s second-largest mobile operator, has appointed Titus Naikuni as its new chairman.

    He most recently served as chief executive of Kenya Airways and, before that, was a permanent secretary to the country’s ministry of information, transport and communications.

  • 21 Nov 14

    Polish telco Mediatel has appointed the CEO of Hawe as its chairman after the local holding company increased its stake in the operator to 99.8% in early November.

    Piotr Kubaszewski is now heading Mediatel’s board and takes the place of Marcin Kubit, who had been chairman since Krzysztof Witon left the position in September.

  • 21 Nov 14

    US telco AT&T has issued €3.8bn (US$4.7bn) notes in three tranches, according to data published by Reuters.

    The first tranche, worth €1.5bn and due June 2019, was priced at par and pays 58bps over Euribor.