Airtel Africa reported customer base and profit growth, but continued to grapple with currency devaluation on the continent as revenues and EBITDA declined.
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.
Mauritius Telecom is in talks with operators including Reliance Jio and Orange to build a new subsea cable connecting Africa, Indian Ocean islands and Asia, a move to avoid network downtime experienced last month.