Leveraged loan default rates are rising and the default volume is three times higher than last year. getty The default rate this year has been rising both in high yield loans and leveraged loans. It i...
Tag: Telecoms
Telecoms Data Breach Prompts Privacy Overhaul in Australia
Australia has announced its intentions to bolster privacy regulation following a data breach at the country’s second-largest telecoms firm. The personal data of up to 10 million customers, some 40% of...
Energy Billionaire Sarath Ratanavadi’s Wealth Rockets As His Telecoms Bet Pays Off
Sarath Ratanavadi FORBES THAILAND This story is part of Forbes’ coverage of Thailand’s Richest 2022. See the full list here. Thai energy billionaire Sarath Ratanavadi has hit a sweet spot. His d...
Roman Abramovich-owned UK telecoms group to be sold for £1 to tech entrepreneurs
British telecoms group Truphone, owned by Russian oligarch Roman Abramovich and his associates, is being bought for £1 by two European tech entrepreneurs. Truphone appointed restructuring specialist F...