Grain Management acquires US tech business
Telecoms investor Grain Management has acquired LightRiver’s technologies and software business from CVF Capital Partners and Plexus Capital for an undisclosed sum
Axian closes deal on Tanzanian telecom acquisition
An Axian Telecom-led consortium has closed on the acquisition of Luxembourg-based Milicom’s portfolio of telecom assets in Tanzania
Pantheon invests in US digital infra business
Global infrastructure fund Pantheon Infrastructure is to invest $30 million in US wireless communication infrastructure operator Vertical Bridge
Ethiopia freezes Ethio Telecom sell-off
The government of Ethiopia has postponed the partial privatisation of Ethio Telecom, citing “recent developments and fast-moving macroeconomic changes"
Citi Oz/NZ promotes bankers
The Australian arm of Citigroup has promoted 2 senior bankers in a global restructure which will see the bank focus on its institutional business
DigitalBridge appoints new president
Ben Jenkins has been promoted to president and chief investment officer of Florida-based DigitalBridge Group, after serving as the chief investment officer at DigitalBridge Investment Management since 2019
New Mexico village receives bids for broadband P3
The Village of Ruidoso in New Mexico has received responses to its RFP for a private partner to DBFOM a broadband network
Vodafone NZ tower sale launches
Vodafone NZ is the latest telco to offload its towers business to raise capital, having formally launched the long awaited 2-part sale process
Financing details emerge on Axicom sale
The winning bidder for Australian wireless infrastructure operator Axicom – a JV of AustralianSuper and SingTel – has partially financed its acquisition with a A$2.6 billion debt package arranged by 16 commercial banks