Millicom is acquiring Telefonica’s units in Panama, Costa Rica and Nicaragua for $1.7 billion.
Millicom is acquiring Telefonica’s units in Panama, Costa Rica and Nicaragua for $1.7 billion.
Huawei is focusing on emerging markets at MWC19, unveiling a host of innovations including the new 5G Skysite. Other highlights include Ruralstar Lite and Simplified AI Powered 5G.
Sky and Space Global has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort.
Reliance Communications (RCom) chairman Anil Ambani has been found guilty of contempt of court by India’s Supreme Court, leaving him facing a potential jail sentence.
MTN Group has reaffirmed its innocence as its long-running legal spat with Turkcell reignited after a South African ambassador was arrested on corruption charges.
The CEO of Russian bank VTB has confirmed that it intends to sell its interest in Tele2 Russia to state-run operator Rostelecom.
Police in South Africa have detained the country’s former ambassador to Iran over allegations that he helped MTN Group acquire a 49% stake in Irancell in 2005.
Three former employees of Telia have been cleared of alleged corruption relating to the group’s now-defunct operations in Uzbekistan.
MTN Uganda CEO Wim Vanhelleputte has been deported from the country in a further blow to relations between the South African operator group and the Ugandan authorities.
Huawei has pledged to work with authorities in Poland to alleviate security concerns over its equipment as it faces being frozen out of the market.
India’s competition watchdog is investigating complaints that Google has been abusing the dominance of its Android ecosystem.
MTN is reportedly lining up an IPO for Nigerian online retailer Jumia, with a view to raising as much as $600 million.
Axiata Group has confirmed that it has received no official orders to pay capital gains tax on its 2016 acquisition of Nepal’s Ncell.
Veon has put in a mandatory tender offer for a full takeover of Global Telecom Holding (GTH).
Bharti Airtel and Telkom Kenya have agreed to merge their Kenyan operations, enabling them to compete more effectively with the dominant Safaricom.
Brookfield Asset Management is in talks with Reliance Industries that could see it acquire a controlling stake in Reliance Jio’s telecom assets.
In its first full quarterly results since its merger, Vodafone Idea has announced that it is integrating its networks more quickly than anticipated.
Turkcell’s CEO Kaan Terzioglu has stated that the operator will continue to use products from Huawei, noting that the concerns surrounding the Chinese vendor are largely unsubstantiated.
Ericsson has brought a new contempt case against RCom chairman Anil Ambani, and has also issued a legal challenge against the State Bank of India (SBI).
Veon is again seeking to obtain full control over Global Telecom Holding after its first attempt was derailed by its failure to clear various regulatory hurdles.
Major stakeholders in Brazil’s Oi are considering selling the operator’s mobile business and shifting its strategy towards fibre.
Reliance Communications (RCom) has stated that it will file for fast-track insolvency resolution with the Indian National Company Law Tribunal.
SoftBank is reportedly planning to launch an investment fund focused on the Latin American market.
Fierce competition in India meant that Bharti Airtel saw its net income fall in its fiscal Q3 despite improved fortunes in Africa and a boost in 4G uptake in its home market.
Russian operators Beeline, Megafon and MTS have all expressed opposition to the creation of a 5G consortium even though it would in theory save them money.
Guatemala is outperforming its regional peers in terms of mobile penetration, according to data and analytics firm GlobalData.
Bangladeshi market leader Grameenphone saw a strong final quarter of 2018, with boosted profits and a sharp increase in subscriber numbers and data revenue.
Thai regulator NBTC (National Broadcasting and Telecommunications Commission) is planning to auction 5G spectrum in three bands later on in the year.
The Cyberspace Administration of China (CAC) has turned its attention towards apps, pulling nearly 8,000 from digital stores for ‘malicious’ activity.
Dtac registered heavy losses in the fourth quarter of 2018, with falling revenue and subscriber numbers exacerbated by a THB9.51 billion ($301 million) settlement paid to CAT Telecom.
The Mislatel Consortium is looking to launch commercial services in the Philippines by late 2020 and plans to cover 17 major cities within two years of this.
The US Department of Justice has issued several criminal charges against Huawei, claiming that the vendor has defrauded banks, violated trade sanctions, and stolen trade secrets.
Before the end of this month, the US is expected to request the formal extradition of Huawei CFO Meng Wanzhou from Canada.
America Movil is acquiring Telefonica’s Movistar units in El Salvador and Guatemala for $648 million.
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