United Group sells SBB Serbia to e& PPF Telecom for €825M

A committee representing the board of Latin America-focused operator Millicom unanimously recommended shareholders reject Xavier Niel’s Atlas Investissement buyout offer of more than $4 billion.

Indian billionaire and Bharti Enterprises chairperson Sunil Mittal (pictured) has sold US$976 million worth of Bharti Airtel shares as he looks to secure funds for other ventures.

Indian state-owned operator Mahanagar Telephone Nigam (MTNL) is apparently sinking further into a financial quagmire. It has reportedly informed India’s stock exchanges that it has defaulted on payments of both principal and interest to a group of publ…