Elsewhere it's results season, with the latest financials best described as a "mixed bag."
The other shortlisted bidders are: a partnership of Orascom Telecom and Telecel Globe Ltd. of Egypt; Portugal Telecom SGPS SA (NYSE: PT); Russia's Altimo Holdings and its carrier VimpelCom Ltd. (NYSE: VIP); South Africa's Telkom SA Ltd. (NYSE/Johannesburg: TKG); Unitel of Angola; and Libyan LAP Greencom Ltd. with LAP Green Networks.
BSNL and MTNL aren't limiting their African interest to Zambia, though. They're about to start due diligence proceedings on Zain Group , which owns operators in Africa and the Middle East, reports Reuters. (See Zain's $13.7B Mystery Investors.)
In addition, India's Business Standard newspaper reports that BSNL and MTNL are also looking at spectrum investments in Russia and Western Europe. (See Russia on the Rebound?.)
Other news from Asia/Pacific includes:
- AT4 Wireless Expands Into India
- Qtel Closes Q3
- Subex Reports Q2
- Hitron Unleashes Video Cable Gateways
- ZTE Wins Unitech Deal
- Tech Mahindra Reports Q2
- Huawei Shaking Off Cheap Tag
- AlcaLu, SK Telecom Team Up
- China: 1 Billion Lines Served
- AsiaWatch: Reliance Hits Back