Bharti Airtel has reached a deal to acquire 400MHz of spectrum in the 26GHz band from Adani Data Networks, a subsidiary of Adani Enterprises, as part of its strategy to enhance 5G services across key regions in India.
Reliance Jio Platforms is reportedly considering a public listing of around 2.5% of shares on the Indian stock exchange, move that could raise roughly US$4 billion and potentially mark India’s largest-ever IPO.
The African Development Bank (AfDB) has approved a US$160 million loan to Axian Telecom to support the operator’s plans to upgrade its nine subsidiaries in Africa and explore expansion into new markets.
The Abu Dhabi Investment Authority (ADIA) is set to sell around half of its stake in Ooredoo Group in a move to raise additional capital on the Qatar Stock Exchange.