Divestment

Vodafone Prepares to Divest Final Stake in Indus Towers Amid Market Shifts

18 days ago

In a significant shift in its investment strategy, Vodafone has announced plans to sell its remaining stake in Indus Towers, a leading telecommunications infrastructure company in India. This move comes as the telecom giant looks to streamline operations and focus on core business areas amidst a rapidly evolving market landscape.

Singapore Tech Firm Circles Contemplates Divestment of Digital Business Amid Restructuring

1 month ago

In a significant move within the technology sector, Singapore-based company Circles is reportedly considering the sale of its digital operations. This development comes as part of a wider strategy to streamline its business amidst ongoing challenges in the competitive digital landscape. Sources familiar with the situation suggest that Circles is exploring its options, including potentially engaging investment bankers to facilitate a divestiture plan.

Telecom Italia Takes Strategic Step: CEO Authorized to Explore Sale of Sparkle

3 months ago

In a significant development, the board of Telecom Italia has empowered Chief Executive Officer Pietro Labriola to negotiate an offer for its submarine cable business, Sparkle. The decision has assumed significance as it came when Telecom Italia was streamlining its operations and divesting the businesses that were not core to the company.

AT&T Sells DirecTV Holding to TPG for $7.6 Billion in Strategic Divestment

3 months ago

This is a strategic deal: part of its efforts to streamline operations and shore up its balance sheet, AT&T has reached a deal to sell its DirecTV holding to private equity firm TPG Capital. This key shift in a deal valued at $7.6 billion puts AT&T in the right frame as it navigates a fast-changing telecommunications and media landscape.