Thailand’s AIS has earmarked an initial THB10 billion ($318.8 million) budget for deploying 5G across the next year, with the potential for this to increase to THB15 billion.
Israel’s Cellcom has signed a memorandum of understanding (MoU) with Golan Telecom to acquire the latter operator for ILS590 million (US$172 million).
Pakistan’s leading operator Jazz saw its revenue growth decline in Q4 2019 as a result of changes to the country’s tax laws obliging operators to refund customers for service and maintenance charges.
Safaricom is currently in talks with a number of possible backers to help it push into the newly-liberalised Ethiopian market.
Indosat Ooredoo has cut 677 jobs in a bid to deal with fierce competition in the Indonesia mobile market.
Zambia could issue a fifth mobile licence, according to new reports.
Cellcom looks set to face competition to purchase Golan Telecom after fellow Israeli operator Bezeq declared its interest in an acquisition.
Telia has fully divested all of its Eurasian units after finalising the sale of its Moldovan unit Moldcell to CG Cell Technologies for $31.5 million.
Indonesia’s XL Axiata has sold off nearly 2,800 towers with an estimated value of IDR4.05 trillion ($296 million) to alleviate its debt burden.
Are the 2019 results announced recently by Emirati operator du positive, negative or both? It rather depends on how they are interpreted, it seems.
China’s Ministry of Industry and Information Technology’s (MIIT) has granted China Telecom, China Unicom and China Broadcasting Network licences that will enable them to deliver indoor coverage via the 3.3GHz to 3.4GHz band.
Globe Telecom has detailed its 5G deployment plans for the Philippines across the next year.
Israel’s Cellcom has reportedly approached Golan Telecom over the possibility of a merger, posing a threat to the mooted tie-up between Altice Europe’s Hot Mobile and Partner Communications.
The prime minster of Burkina Faso, Christophe Dabire, has labelled Orange’s propose price hike “unacceptable”.
Recent third quarter 2019 results from the Vodafone Group highlighted a good performance in Africa for Vodacom, while efforts are continuing to simplify the group to two differentiated, scaled geographic regions: Europe and sub-Saharan Africa.
STC must make an offer on Telecom Egypt’s 44.94% stake of Vodafone Egypt if its acquisition of Vodafone Group’s 54.93% stake in the unit closes successfully.
Bharti Airtel has stated that it will not bid on 5G spectrum in India’s upcoming auctions if the reserve price remains fixed at US$68.58m/MHz, as per regulator TRAI’s advice.
Not unexpected perhaps has been the news that Indian operator Bharti Airtel has posted a loss in its Q3 results. However, its overall outlook appears to be improving.
Hard on the heels of its recent 5G announcement comes more good news for Vodacom in the form of recently published results for the company that indicate impressive growth, especially in South Africa.
According to regional press reports, Cuba’s number of fixed line connections is growing and fast mobile growth is expected for this year.
Vodacom South Africa is lining up a 5G launch for this year.
Tele2 has been informed by Croatia’s competition authority that its proposed sale of its local unit will receive formal clearance within the next month.
Israel’s Hot Mobile has submitted a bid to take over 100% of rival operator Partner Communications.
Saudi Telecom Company (STC) is acquiring Vodafone’s 55% stake in Vodafone Egypt.
Telecom Egypt has shut down speculation that it could sell its 45% holding in Vodafone Egypt.
Novator Partners is reportedly lining up a bid to acquire a controlling stake in Telefonica Colombia.
Telefonica has received a €10 billion offer on a majority stake in its business across eight Latin American markets.
Telenor has rekindled rumours of a possible merger with Axiata after reaching out to the Malaysian group’s largest shareholder to discuss the acquisition of a minority stake.
After shuttering its Indian operations in 2017, RCom (Reliance Communications)’s attempts to sell off its assets in order to recoup some of its liabilities are proving fruitful.
Vietnam’s Viettel claims to have developed its own 5G radio network base station, which it has used to demonstrate 5G connectivity.
Representatives of Telekom Romania have reportedly met with the country’s Prime Minister Ludovic Orban to discuss the sale of OTE Group’s holding in the operator.
Recent Zimbabwean press reports indicate that state-backed mobile operator Telecel, already a distant third in the rankings of Zimbabwe’s three mobile network operators, may be on the verge of collapse.
According to local press reports, South Africa’s Vodacom Group Ltd is in talks with Cell C Pty Ltd about taking on the smaller operator’s contract-paying customers.
UZI Zambia Mobile has postponed its commercial launch again, with the Zambian government citing financial issues.
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