Tunisian telcos win 5G licences, eye 2025 launch

Indonesian telco XLSmart on Tuesday released its last quarterly results for XL Axiata before last month’s merger with Smartfren, which showed the telco reporting modest growth in revenues and customers but a dramatic slide in its net profit.

MTN Group reported a plunge in profits and highlighted currency volatility in Nigeria and inflation as key challenges to tackle this year and expects those headwinds to persist this year.