Burkina Faso to expand connectivity to more underserved areas by 2027

Kenya’s National Treasury is widely reported to be preparing to sell part of its 35% stake in leading operator Safaricom.

Indian operator Vodafone Idea’s much heralded Rs18,000 crore (about US$ 2.2 billion at current exchange rates) follow-on public offer (FPO), India’s biggest, was fully subscribed by its third day, according to local news reports.

Indian telco Vodafone Idea is reportedly set to raise as much as Rs24.5 billion (US$293.2 million) via a preferential issue of equity shares to the local units of telecoms equipment suppliers Nokia and Ericsson.