The mixed fortunes of WOM Colombia, the country’s fourth largest operator, have been at least slightly boosted by news of an acquisition that will allow it to continue to operate.
Pan-African infrastructure investor and asset manager Africa50 has announced a US$15 million investment in Raya Data Centre (RDC), a leading system integrator in MEA.
Indian operator Vodafone Idea’s much heralded Rs18,000 crore (about US$ 2.2 billion at current exchange rates) follow-on public offer (FPO), India’s biggest, was fully subscribed by its third day, according to local news reports.