The Ethiopian government opened up for international investors to acquire a 40% stake in state-owned operator Ethio telecom, a move seemingly to keep the provider competitive against new player Safaricom, while also touting a third telecoms licence.
Digicel Group Holdings has warned that its business is being impacted by current unrest in Haiti.
South African operator Vodacom has registered an H1 drop in both operating profit and net profit which it has attributed to losses from its start-up business in Ethiopia and higher finance costs.
Telenor is pursuing the sale of its Pakistani operations, with invitations the first round of bids likely to be issued this month.
MTN Group has named Lebanon’s M1 New Ventures as the buyer of its Afghan unit as it prepares to finalise its exit from the market.
Several Latin American operators are set to shut down networks based on older technology standards.
Veon has indicated that is planning to leave the Russian market in which it operates under the name Beeline, although it has made it clear that it does not have a buyer yet.
Dolphin Telecoms has been issued an MVNO licence by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ).
Malaysia’s Maxis has confirmed that its board is evaluating the governance requirements for signing an access deal with the country’s 5G wholesale vehicle Digital Nasional Berhad (DNB).
Angolan President President Joao Lourenco has issued a decision finalising the transfer of ownership stakes in mobile market leader Unitel from private companies Vidatel and Geni to the state – effectively nationalising the operator.
Malaysian operators Celcom Axiata, DiGi Telecommunications, Telekom Malaysia and U Mobile have now signed agreements to access – for ten years – the much-delayed wholesale 5G network rolled out and run by state agency Digital Nasional Berhad (DNB).
Benin’s state-owned infrastructure firm SBIN (Societe Beninoise d’Infrastructures Numeriques) has entered the country’s mobile market as its third player.
Thai operators AIS and True hailed their efforts and government initiatives to create an ecosystem that supports 5G, which has accelerated the companies to prep for the next stages of the technology such as network slicing and healthcare solutions.
Telia saw its complaint thrown out by Lithuania’s Supreme Administrative Court, ruling rival Bite was not gaining an unfair advantage from acquiring state-owned broadband provider MEZON’s spectrum, CommsUpdate reported.
Thailand’s telecoms regulator has given approval for the merger of True Corp and Total Access Communication (Dtac), a year after the announcement but the regulator has set conditions, reported Bangkok Post.
Amidst rising costs of coverage expansion to fulfil the rapidly increasing appetite for connectivity, operators globally are under more pressure to balance the books - a trend that is not limited to developed markets.
The board of Vodafone Idea (aka VIL) has announced plans for its board of directors to look at a new fundraising proposal at the end of this week.
Thai operator AIS paused its acquisition of broadband units from Jasmine International as shareholders of one of the units did not approve conditions to enable AIS to change leasing optical fibre cables and payments.
The MTN Group announcement was fairly undemonstrative. Its headline referred to a “Withdrawal of cautionary announcement”. However, the headline on the MyBroadband site was more typical of the media response to the end of talks between the two South African operators MTN and Telkom. It said: “Telkom share price tanks 25% as MTN bails on takeover talks.”
Hot on the heels of rival Globe Telecom, Philippines-based operator PLDT is reportedly considering a sale of 2,000 towers for US$300m according to sources speaking to Bloomberg.
Reliance Jio signed up Nordic vendors Ericsson and Nokia to build its standalone 5G network in the wake of India completing its long-awaited 5G auction.
Globe Telecom transferred 701 towers to Miescor Infrastructure Development Corporation, as part of plans to sell over 7000 towers to raise PHP71 billion to pay for coverage expansion and debts.
Guinea’s telecom minister Ousmane Gaoual Diallo has affirmed the government’s commitment to re-launching state-owned Societe des Telecoms de Guinee (Sotelgui) in the first half of 2023.
Airtel Africa, a provider of telecommunications and mobile money services in 14 countries across Africa, is again making its presence felt in the African market with a spectrum acquisition that will boost its network in Tanzania.
MTC Namibia revealed it has to date deployed 475km of fibre to date across the country to meet the high demand of subscribers and reduce network congestion.
Telenor Group bolstered its Telenor Asia arm to explore regional growth opportunities for units in Bangladesh, Malaysia, Pakistan and Thailand.
Safaricom is set to launch M-Pesa to rival Ethio Telecom’s Telebirr, boosting the Ethiopian economy up to two mobile money platforms.
Telefonica Brasil (Vivo), Claro and TIM have signalled intentions to launch court proceedings against bankrupt rival Oi, for allegedly breaching contractual terms of the deal for Oi’s mobile assets, reported CommsUpdate.
The government of Timor Leste is reportedly planning to acquire the majority stake in Timor Telecom (TT) that has long been held by Brazil’s Oi.
Reliance Industries has signed a joint venture agreement with manufacturing solutions company Sanmina, a move to create a manufacturing hub in India and progress with long-term plans to domestically manufacture network gear.
Amid the fanfare about 5G in India, state-run operator Bharat Sanchar Nigam Limited (BSNL) has confirmed plans to start rolling out a 4G network from November and gradually upgrade it to 5G by August next year.
The Kenyan government regained full control over Telkom Kenya after forking out KES6.09 billion (US$50.3m) for the 60% majority stake held by British investment firm Helios Investment Partners, reported Ecofin Agency.
Bangladeshi operator Robi Axiata hired former Ooredoo Myanmar head Rajeev Sethi as its new chief executive officer, an appointment to advance market share.
South African operator Rain submitted a request for rival Telkom to acquire it, a move that could potentially disrupt MTN’s intentions to buy Telkom.
Company registered in England, number 5724661
All content copyright © 2005-2026 Developing Telecoms Ltd. All rights reserved.
// Turnstile not appearing issue