In our previous report, we highlighted the huge opportunity in Africa's telecommunications tower industry. Subsequently, it expanded its presence across the continent. Helios Towers is very bullish on telecoms infrastructure in Africa and is increasi...

The company announced that it has entered into an agreement with Cable & Wireless Panama, an affiliate of Liberty Latin America, to sell its Claro Panama subsidiary for $200 million, adjusted for net debt at the closing date of the transaction. The o...

OIH's BoD has discussed the sale and the transfer of the company’s stake in “Trans World Associates” (Submarine Cables in Pakistan) to Orastar Limited. The enterprise value of the company amounted to USD96 million, which translates to EGP1,508 millio...

Televisa announced today that it has reached an agreement with Live Nation Entertainment to sell its 40% stake in Ocesa Entretenimiento. Positive implication: As will be recalled, Ocesa’s sale was originally announced as of July 24, 2019; however, Li...

OIH reported 2Q21 revenues of EGP220.7 million, compared to EGP206.6 million in 1Q21 and EGP177.3 million in 2Q20, implying a 7% y/y and 24% q/q growth in top line. Despite the 4.1pps y/y decline in its contribution in 2Q21, the cables business (Paki...