Atlas Luxco the investment vehicle of billionaire Xavier Niel raised its offer to acquire Latin America-focused operator group Millicom to US$4.4 billion.
Veon subsidiary Jazz secured a PKR75 billion (US$270 million) loan to finance plans to expand infrastructure across Pakistan, and aid plans to transition from a telco to a technology services company.
Indian billionaire and Bharti Enterprises chairperson Sunil Mittal (pictured) has sold US$976 million worth of Bharti Airtel shares as he looks to secure funds for other ventures.
To meet the high security requirements for user data in foundation model training, China Mobile Research Institute recently proposed a new remote storage and computing architecture based on Hitless Intelligent Computing-OTN (HIC-OTN).