Bharti Airtel paid INR59.85 billion ($697.5 million) to India’s Department of Telecom to fully repay a high-interest loan used for spectrum at auction last year.
Safaricom CEO Peter Ndegwa is unfazed by media reports surrounding a potential breakup of the company in Kenya, which briefly surpassed the KES1 trillion market capitalisation milestone only two months ago.
South African telco Vodacom said on Thursday it will invest around ZAR100 million (US$5.5 million) to build 106 new base station sites in deep rural areas of KwaZulu Natal, which will bring connectivity to hundreds of thousands of people in those areas.
Airtel Africa and Vodacom Group announced they would share infrastructure in key African markets to cut deployment costs and accelerate 4G and 5G rollouts.