A consortium led by Xavier Niel-owned investment company NJJ Holding completed the acquisition of Ukrainian operator Lifecell from Turkcell for US$524.3 million, with aims to merge it with fixed telecom and pay TV provider Datagroup-Voila.
Pan-African telecoms and network services provider Paratus Group announced on Wednesday it has expanded its operations into Uganda via a joint venture with Kampala-based ISP and managed solutions provider Roke Telkom.
Airtel Africa reported customer base and profit growth, but continued to grapple with currency devaluation on the continent as revenues and EBITDA declined.