Axian Telecom poaches MTN executive as new boss

Axian Telecom was reportedly looking to acquire Kenya-based mobile, internet and TV provider Wananchi Group.

Globe Telecom announced it gained PHP13.5 billion (US$230 million) from the transfer of more towers as it seeks more cash to pay down debts and fund future capex intensive projects.

State-owned telco Kazakhtelecom JSC has reportedly signed separate deals this week – one to finalise the selloff of its mobile unit MTS, and the other to build a subsea cable connecting Kazakhstan and Azerbaijan.