Orange hails Middle East and Africa unit as key growth driver in Q1

Telefónica has reportedly appointed investment bank Citi to advise on the sale of its Chilean unit, as the group continues to scale back its presence in Latin America.

Indian operator Bharti Airtel paid INR84.65 billion (US$1 billion) towards its debt for spectrum acquired in the 2016 auction, weeks after the supreme court threw out operator pleas to readjust their dues.

Vodafone Group is reportedly seeking to unload part or all of its 21.5% stake in Indian telecoms tower operator Indus Towers this week to raise cash to help repay its debts.