Troubled Brazilian operator Oi has been declared bankrupt by a Rio de Janeiro court. Failure to comply with a court-approved restructuring plan, ratified in 2024, and the accumulation of debt not subject to bankruptcy rules were two of the main reasons…
South African operator Telkom has entered the country’s mobile virtual network operator (MVNO) market through a partnership with a mobile virtual network enabler (MVNE) platform provider.
Philippines-based operator Globe Telecom sold off more towers in a deal sealed back in 2022, raising PHP13.5 billion (US$234 million) to support future capex plans and pay down debts.