The judicial process involving the recovery plan of Brazilian service provider Oi seems to be over – after more than six years of negotiations with creditors.
Vodafone Hungary tapped Netcracker for a cloud solution that supports fixed-mobile convergence for the operator’s consumer and SME enterprise customers.
Hot on the heels of rival Globe’s recent sale, PLDT announced it has sold 650 more towers raising PHP9.2 billion (US$165 million), reported CNN Philippines.
Syria’s newest operator Wafa Telecom has been linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) by an investigation conducted by the NGOs OCCRP (Organised Crime and Corruption and Reporting Project) and OPENSyr (Observatory of Political and Economic Networks).
Vodacom acquired a 55% stake in Vodafone Egypt from the wider company after clearing regulatory and procedural hurdles, putting an end to the much-delayed sale which saw STC ending its interest two years prior.
Zambia’s fourth mobile player Beeline Telecom is planning to launch commercial LTE within the first month of 2023, according to regulator ZICTA (Zambia Information and Communication Technology Authority).
Globe Telecom transferred 750 towers to Frontier Towers Associates Philippines for PHP9.5 billion (US$170m), which will provide room to cover debts in 2023 in the face of rising interest rates.
Indian telecoms minister Ashwini Vaishnaw has confirmed that state operator BSNL (Bharat Sanchar Nigam Limited) plans to upgrade its 4G technology stack to 5G within five to seven months.
In a statement to shareholders, Brazil’s Oi has confirmed that it has agreed to sell some of its tower infrastructure to NK 108 Empreendimentos e Participacoes (NK 108) for BRL1.697 billion (USD324.6 million).
Airtel Africa was the only operator to bid in the second round of Nigeria’s 3.5GHz spectrum auction, with its rivals refraining from registering interest or paying an intention to bid deposit.
Kyrgyzstan’s state-owned MegaCom has rebranded as MEGA.
Airtel Africa signed a new US$194 million facility with World Bank sister organisation the International Finance Corporation (IFC), a move to upgrade operations across its footprint in Africa.
New market entrant Africell Angola says it is launching mobile services in Benguela Province in the west of Angola, thus accomplishing the second phase of what it describes as its ambitious national roll-out strategy.
Malaysia’s newly elected prime minister Anwar Ibrahim revealed plans to review the previous administration’s 5G plan, which could hinder the deployment of 5G in the country after operators finally agreed on deals with state-owned agency Digital Nasional Berhad (DNB).
Kuwaiti operator group Zain pledged to invest US$800 million into its Sudanese unit over the next five years, with plans to deploy new and upgrade infrastructure to remain competitive in Sudan.
Allegations of impropriety by Turkish operator Turkcell and its subsidiary East Asian Consortium (EAC) against South African operator MTN over the award of the first private mobile telecommunications licence in Iran have been dismissed by the High Court of South Africa.
Global police agency Interpol has issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the country's former president and previously a board member of the now state-owned operator Unitel.
Axiata and Telenor completed the merger of their units in Malaysia with both companies taking a 33.10% stake in the newly formed Celcom Digi.
The Somali National Communications Authority (NCA) issued Hormuud Telecom with the country’s first spectrum licence closing its vetting processing which began earlier this year, a move to promote open markets, competition, and investment in the telecoms sector.
Now Telecom partnered with the US government to develop 5G technologies for its eventual deployment in the Philippines.
Pan-African operator MTN has followed 5G launches in South Africa and Nigeria with the news that MTN Zambia has become the first mobile operator in the country to offer 5G services commercially.
Amsterdam-headquartered Veon has agreed to sell its Russian business Vimpelcom for 130 billion roubles (US$2.2 billion).
Indian operator Vodafone Idea (aka VIL) may have finally found a way to solve at least one of its debt issues after announcing plans to issue debentures worth 16 billion rupees (about US$195.6 million) to American Tower Corporation (ATC).
Philippines-based operator PLDT revealed there are several interested parties in buying 2,000 telecom towers from its portfolio.
Telenor Group announced the merger between its unit DTAC and True will not meet its end-of-year deadline target as conditions for the tie-up were not met in time.
India’s National Company Law Tribunal (NCLT) has cleared the proposed acquisition of Reliance Infratel (RITL) by Jio’s infrastructure subsidiary Reliance Property and Projects Management Services.
Brazilian ISP Brisanet has delayed the launch of its planned 5G offering into next year.
Papua New Guinea operator Telikom expanded its partnership with Kacific Broadband Satellites Group to bolster its network reach in the island nation.
Axiata and Digi’s boards have both approved the proposed merger of their respective Malaysian mobile units, Celcom Axiata and Digi Telecommunications.
Ukrainian operator Kyivstar restored connectivity services in the south and eastern parts of Ukraine, as Russian troops retreat from key locations such as the region of Kherson.
The merger of True and DTAC has hit yet another hurdle, with AIS petitioning Thailand’s Central Administrative Court to revoke the regulatory approval granted to the deal last month.
Safaricom Ethiopia has hit what it describes as “a key milestone in operations” as it establishes its network across Ethiopia. It now claims it has registered one million active customers on its network.
AIS announced its acquisitions of Jasmine International broadband units is going ahead despite certain conditions set for the buy being rejected when the deal was announced.
African nations, operators and private companies were all in agreement that Africa continues to hold so much potential, with much progress being made, but how much longer are we going to hear this instead of seeing it being fully realised?
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