Paratus unites its sub-Saharan networks for Paratus 500 offering

A dispute over a real estate loan that left operator MTN Cameroon unable to get its hands on over US$20 million worth of assets may finally be over.

Latin America-focused operator group Millicom rejected Xavier Niel’s latest buyout offer stating that it is still being significantly undervalued, and maintained shareholders should reject Niel’s bid. 

ST Telemedia said on Thursday that it will sell the majority of its stake in Malaysian telco U Mobile to local firm Mawar Setiam, which is majority-owned by U Mobile chairman Vincent Tan, in a deal that could see the country’s royal family hold a combi…