The Indian government has reportedly expanded its ownership stake in Vodafone Idea from 22.6% to 48.99% by converting around INR369.5 billion (US$4.3 billion) of the telco’s spectrum payment dues into equity shares.
Vodafone Idea will launch 5G services in Bengaluru tomorrow (11 June), marking the latest step in its phased rollout across India. The operator is aiming to reach 17 cities with commercial 5G services by August.
AT&T has asserted its dominance in US mobile network performance, according to RootMetrics awards for the second half of 2024. The telecom giant swept six of eight awards, continuing its run as a favourite for overall reliability and speed. However…
Indian billionaire and Bharti Enterprises chairperson Sunil Mittal (pictured) has sold US$976 million worth of Bharti Airtel shares as he looks to secure funds for other ventures.