There’s been good news on the tax front for India’s telecommunications industry. However, one of the beneficiaries, operator Vodafone Idea, has received less positive news from banks relating to letters of credit.
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) has reportedly revoked the telecoms licence of mobile virtual network operator (MVNO) K4 Communication Company after its directors were arrested for alleged fraud.
Mozambique’s government has made 5G coverage compulsory in all provincial capitals, while scrapping its earlier plan to auction spectrum licences to mobile operators.
Nigerian banks have reportedly started paying a debt they owed operators, following the payment plan that was agreed upon in the last quarter of 2023. As of November 2023, Nigerian banks owed telecom firms ₦200 billion (about US$132 million) for using …