The Angolan government plans to sell its shares in the troubled state-owned operator Unitel as part of broader efforts to privatise the country’s economy.
Axiata Group announced on Monday that its shareholders approved the proposed merger between Indonesian telecoms operators XL Axiata and Smartfren Telecom during its Extraordinary General Meeting (EGM).
Veon welcomed a letter from shareholder Shah Capital, which criticised the operator’s board for poor stock price performance, and agreed there is potential for improvement.
Thai operator Advanced Info Service (AIS) has denied reports that it is in the running to acquire the broadband subscriber base of state-owned National Telecom (NT).
