Airtel Zambia has announced plans to invest US$107 million in a nationwide network upgrade programme, following pressure from the country’s telecoms regulator to improve quality of service.
Liberty Global has agreed to sell its Slovakian subsidiary, UPC Slovakia, to e& PPF Telecom Group’s local unit O2 Slovakia for EUR95 million (around US$110 million), as e& continues to diversify its telecoms portfolio.
The Guinean government has acquired 100% of the shares in mobile network operator Areeba Guinee, following a decree signed by President Mamadi Doumbouya to take over MTN Group’s stake.
Telkom Indonesia announced on Friday that independent shareholders have approved its plan to spin off Telkom’s wholesale fibre connectivity business and assets to its FTTH subsidiary Telkom Infrastruktur Indonesia (TIF), a.k.a. InfraNexia.
Telecom services revenue in Indonesia is predicted to grow at a Compound Annual Growth Rate (CAGR) of 3.7% between 2024 and 2029, a trend underpinned by the increasing adoption of mobile data and fibre connectivity.
The Kenyan government has reportedly imposed conditions on the sale of a 15% stake in Safaricom to South Africa-based Vodacom Group aimed to making sure Safaricom retains its local identity.
Vietnamese telco Viettel said on Tuesday it has officially surpassed its commitment to the government to deploy 20,000 new 5G sites in Vietnam before the end of this year.