MTN warns of 90% profit plunge

ST Telemedia said on Thursday that it will sell the majority of its stake in Malaysian telco U Mobile to local firm Mawar Setiam, which is majority-owned by U Mobile chairman Vincent Tan, in a deal that could see the country’s royal family hold a combi…

Reliance Industries, the parent company of Jio Platforms, is reportedly considering listing a 5% stake in its mobile unit in India, which could raise an estimated US$6 billion.

Equitel, Finserve’s mobile virtual network operator (MVNO), has announced the debut of its 5G network in Kenya. It is the first Kenyan MVNO to roll out 5G.