Airtel Africa reported customer base and profit growth, but continued to grapple with currency devaluation on the continent as revenues and EBITDA declined.
The African Development Bank (AfDB) has approved a US$160 million loan to Axian Telecom to support the operator’s plans to upgrade its nine subsidiaries in Africa and explore expansion into new markets.
Vodafone Idea will launch 5G services in Bengaluru tomorrow (11 June), marking the latest step in its phased rollout across India. The operator is aiming to reach 17 cities with commercial 5G services by August.
Vodafone Business and Maroc Telecom, which is majority-owned by e&, have signed a Memorandum of Understanding (MoU) to provide connectivity and digital services to enterprises in Morocco.