News Broadcasting
Is China Mobile buying out Millicom International?
MUMBAI: Millicom, the Luxembourg-headquartered mobile phone network operator controlled by Sweden’s Kinnevik Investment AB, has said that it is in advanced discussions for finding a purchaser.
“We are in advanced discussions and due diligence with a potential purchaser of the entire share capital of the company,” the company said in a statement, adding that no agreement has been reached.
However, media reports name the Hong Kong-based China Mobile Communications Corp. as the company which is about to clinch the deal. According to Wall Street Journal , the company may pay $5.3 billion, or $48 a share, in cash to buy Millicom. Reportedly, China Mobile became the lead bidder for Millicom after Dubai-based Investcom agreed to a takeover by South Africa’s MTN.
Millicom’s competitors include Vodafone Group Plc and Norway’s Telenor ASA. At the end of March 2006, Millicom registered 9.9 million subscribers in 16 countries across Asia, Africa and the Americas, recording an increase of 52 per cent from a year earlier.
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
