Indian operator Bharti Airtel paid INR84.65 billion (US$1 billion) towards its debt for spectrum acquired in the 2016 auction, weeks after the supreme court threw out operator pleas to readjust their dues.
Safaricom Telecommunications Ethiopia announced on Monday that it has launched commercial operations in the war-torn Tigray region, and is in the process of building a 4G network that will be upgradeable to 5G.
The Indian government has reportedly expanded its ownership stake in Vodafone Idea from 22.6% to 48.99% by converting around INR369.5 billion (US$4.3 billion) of the telco’s spectrum payment dues into equity shares.