State-owned Indian operator Mahanagar Telephone Nigam Limited (MTNL) has reportedly defaulted on loan repayments of over INR83 billion about (US$971.5 million) to multiple banks.
Atlas Luxco the investment vehicle of billionaire Xavier Niel raised its offer to acquire Latin America-focused operator group Millicom to US$4.4 billion.
Orange has continued its senior leadership overhaul with the appointment of Brelotte Ba (pictured), Deputy CEO of Orange Middle East and Africa (MEA), as the new Director General of its Senegalese subsidiary, Sonatel.
Malaysian operator U Mobile delivered average 5G download speeds of 597Mb/s in a trial on the 13.5km-long Penang Bridge using Huawei equipment, as the operator prepares to launch the country’s second 5G network.