The African Development Bank (AfDB) has approved a US$160 million loan to Axian Telecom to support the operator’s plans to upgrade its nine subsidiaries in Africa and explore expansion into new markets.
South African telco Vodacom said on Sunday it plans to invest over ZAR660 million (US$38.2 million) in network infrastructure in Southern Gauteng this financial year to accelerate rollout of 4G and 5G.
Mobile services revenue in the Philippines is projected to grow from US$4 billion in 2024 to over US$5 billion by 2029, according to new research from analyst firm GlobalData.
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