Somalian operator Hormuud Telecom has announced that its founder and CEO, Ahmed Yusuf, will step down on 1 June, with deputy chairman Mohamed Farah (pictured) set to take the reins.
Globe Telecom announced it has secured a PHP5 billion (US$87.5 million) loan from the Bank of Commerce to support its capital expenditure programme, according to ABS-CBN.
Liberty Networks has expanded its footprint in Latin America by deploying new points of presence (PoPs) in Mexico and Peru, part of its ongoing strategy to enhance cross-border connectivity and meet rising enterprise demand in the region.
The long-rumoured merger of Indonesian telcos XL Axiata and Smartfren moved another step closer to reality on Wednesday as parent companies Axiata Group and Sinar Mas announced they have officially signed an MoU to explore the proposed merger.
