Latin America-focused operator group Millicom rejected Xavier Niel’s latest buyout offer stating that it is still being significantly undervalued, and maintained shareholders should reject Niel’s bid.
Philippines-based Globe Telecom has closed the sale of 96 more towers raising a total of PHP89.3 billion ($1.5 billion) since kicking off its sale-and-leaseback initiative three years ago.
Mobile broadband service revenue in the Asia-Pacific region is expected to grow at a compound annual growth rate (CAGR) of 5.2%, from US$229.6 billion in 2024 to US$296.2 billion over the next four years, driven by the availability and adoption of 5G s…