Telefónica is reportedly accelerating its exit from non-core markets by preparing to sell its Mexico unit, just weeks after it was said to be exploring sales in Argentina and Colombia.
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.
Dito Telecommunity celebrated reaching 13 million subscribers as of this month (October), and CEO Eric Alberto claimed the challenger operator will achieve profitability within a few years.