MTN Uganda is considering selling an undisclosed amount of shares to the country’s National Social Security Fund (NSSF) as part of a drive to increase local ownership.
Liberty Latin America has walked away from its discussions with Millicom over a possible acquisition.
Vodafone Idea is looking to procure a two-year moratorium to pay off its spectrum fees as it faces mounting debt and falling profits.
PLDT has stated that it would support a government plan to open the Philippines’ telecoms sector up to independent companies in order to increase the spread of base stations.
Zimbabwe’s High Court has ruled that the country’s mobile operators must restore internet services following a week-long nationwide shutdown ordered by the government.
Indian tower firms Bharti Infratel and Indus Towers claim that Vodafone Idea owes them INR45 billion ($632 million) for vacating slots on their towers before its lease had expired.
Hot on the heels of reaching a deal to sell its Albanian operations, OTE Group is reportedly now discussing a sale of its majority stake in Telekom Romania to a consortium of investors.
Telefonica is seeking to bring in as much as €530 million by selling off majority stakes in two of its Movistar units in Central America.
Thailand’s True Move has stated that it does not intend to bid in this year’s upcoming 700MHz spectrum auction.
Liberty Latin America is currently in discussions over a possible acquisition of Millicom, which has extensive operations in the region.
The Nigerian Communications Commission (NCC) has begun implementing measures to prevent service disruption of 9mobile amid reports that Teleology Holdings could abandon its acquisition deal of the beleaguered operator.
Bharti Airtel will sell some of its shares in its Tanzanian business to the country’s government to settle an ownership dispute and pave the way for a potential merger with Telkom Kenya.
Thai operator dtac will pay state-owned CAT Telecom THB9.51 billion ($296 million) in a settlement that resolves most of the legal disputes that arose during their 27-year concession arrangement.
Brazil’s Oi has resolved its legal clash with shareholder Bratel and will now look to restructure, having initially requested bankruptcy protection in June 2016.
Telekom Srbija is unlikely to be privatised in 2019 despite investors registering their interest, according to Serbia’s minister of Trade, Tourism and Telecommunications.
Teleology Holdings could yet abandon its hard-won acquisition of Nigeria’s 9mobile following reports that the operator’s management has shot down the buyer’s turnaround plan.
Reliance Communications (RCom) has paid Ericsson INR1.31 billion ($18.6 million) in what will doubtless be seen as an attempt to placate the Swedish vendor in the face of renewed legal action against RCom chairman Anil Ambani.
Russia’s MTS has begun the deconstruction of its network infrastructure in Turkmenistan after failing to reach a settlement with the country’s authorities.
Indonesian operator Smartfren will continue the operations of mobile internet provider Bolt following the cancellation of its spectrum licence by the country’s government.
Reliance Communications and Reliance Jio have agreed to finalise their proposed asset sale deal by June even though the Indian government has refused to approve their anticipated spectrum trading agreement.
MTN Nigeria will pay the country’s Central Bank a total of $53 million in penalties related to allegations that the operator illegally repatriated revenue between 2007 and 2015.
India’s Department of Telecommunication has withheld its approval of a spectrum trading agreement between Reliance Communications (RCom) and Reliance Jio.
Telia and Turkcell have sold their combined 75% stake in Kazakhstan’s KCell to the country’s state-owned operator Kazakhtelecom.
China’s three major state-owned operators have been apportioned 5G spectrum in the mid-band range of frequencies.
CK Hutchison has closed its purchase of Etisalat’s Sri Lankan unit, which will see the UAE-based group exit the market, in line with its goal of streamlining its portfolio.
Zain Saudi Arabia (Zain KSA) has signed a SAR2.43 billion ($648 million) agreement with investment firm IHS Holding to sell and lease back its 8,100 towers.
Several Russian telecom operators are holding talks over creating a 5G consortium to deploy networks more cost-effectively using locally manufactured equipment and infrastructure.
Three parties have reportedly lodged bids for the Serbian and Montenegrin units of Telenor that were recently acquired by investment group PPF.
In an effort to lower its costs by INR140 billion ($1.97 billion), Vodafone Idea has brought forward its target date for integrating its component firms by two years.
Ooredoo Myanmar and Cisco have entered an alliance to address the digital needs of companies in Myanmar.
The Mislatel consortium, which is made up of China Telecom, Chelsea Holdings and Udenna Corporation, has been chosen to found the Philippines’ third mobile operator.
New Indian market leader Vodafone Idea registered a huge loss for its first quarter of operation following the merger of Vodafone India and Idea Cellular.
MTN Group’s CEO Rob Shuter is optimistic about settling its ongoing dispute with Nigeria’s telecom authorities, which claim that the operator owes the country $10.1 billion.
In the field of telephony as in many others, Africa has jumped a technological step by moving directly to mobile.
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