Swedish operator Tele2 has announced plans to spin off its infrastructure assets into a dedicated tower company serving all three Baltic nations, under a 50/50 joint venture with tower specialist Global Communications Infrastructure (GCI).
Xavier Niel’s investment vehicle Atlas increased its bid for Latin America-focused Millicom too US$4.1 billion, after the Millicom board rejected its previous offer for “undervaluing” the business.
State-owned operator Cameroon Telecommunications (Camtel) has signed a mobile network sharing agreement with French operator group Orange to boost service quality and narrow the gap with its larger mobile rivals.