China Telecom Global has officially kicked off operations in Saudi Arabia with the launch of new subsidiary China Telecom Gulf, which has already secured its first cooperation agreements with local telcos STC and state-owned BTC Networks.
Nokia’s Indian unit, Nokia Solutions and Networks India Pvt Ltd, has reportedly sold its 0.95% stake in Vodafone Idea (Vi) to a group of global investment banks in a bulk deal worth INR7.85 billion (US$92 million).