Thailand’s National Broadcasting and Telecommunications Commission (NBTC) has reportedly revoked the telecoms licence of mobile virtual network operator (MVNO) K4 Communication Company after its directors were arrested for alleged fraud.
The Indian government has reportedly expanded its ownership stake in Vodafone Idea from 22.6% to 48.99% by converting around INR369.5 billion (US$4.3 billion) of the telco’s spectrum payment dues into equity shares.