Confusion reigns over M&A in the Middle East and Africa

Progress on the region’s big M&A deals – the prospective sale of Zain Africa or a stake in Zain; and the cash and share-swap deal between Bharti and MTN – appears to have stalled. There has been such confusion in the past few days over the possible sale of a large stake in Zain to an Indo-Malaysian consortium that it is at risk of descending into a debacle.

Nigeria sets two-month deadline on Nitel privatisation

Nitel's privatisation has been beset with difficulty

Nigeria’s government has set a 60-day deadline for the privatisation of the state-owned incumbent telco Nitel, including mobile operation M-Tel. The announcement came on Monday as the Nigerian vice-president, Dr. Goodluck Jonathan, appointed a new board to the company to oversee its stabilisation.

Emerging markets to drive M&A growth

The ongoing potential for rapid mobile subscription growth means that emerging markets are set to take over as the main driver of M & A activity, according to research released Thursday. Findings from the Global Mobile M&A report, released by industry analyst and telecoms.com parent Informa Telecoms & Media, reveal that although M&A activity appeared [...]