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Bharti Airtel Converts USD 49.87 Million Worth of Foreign Debt Bonds into Equity

Bharti Airtel has announced that it has transformed foreign debt bonds valued at USD 49.87 million, issued in January 2020,…

Globe Telecom Secures $263 Million Loan

Globe Telecom Secures $263 Million Loan

Globe Telecom has obtained a PHP15 billion ($263 million) loan from Metropolitan Bank & Trust Company to fund its network…

Shocking AGR debts could spell doom for Vodafone Idea

Following a Supreme Court ruling made last week, India’s Vodafone Idea could be facing potential bankruptcy for failing to pay…

Indian operator looking to raise $1bn to expand its 4G network

Indian telecommunications incumbent Bharti Airtel is actively exploring ways it can refinance its existing debt and raise capital for expanding…

SKT issues $500m worth of loans to pay off debt

South Korean telecom company SK Telecom (SKT) has issued US$500 million worth of five-year private loans at a coupon rate…

Indian telecommunication firm sells stake in tower unit Infratel for $952m

Indian telecommunications colossus Bharti Airtel has sold off its stake in tower unit Infratel in an effort to reduce the…