Indonesian telco XLSmart on Tuesday released its last quarterly results for XL Axiata before last month’s merger with Smartfren, which showed the telco reporting modest growth in revenues and customers but a dramatic slide in its net profit.
Hungarian telecom and technology firm 4iG Group has announced a HUF96 billion (US$282 million) investment into its B2B subsidiary, 4iG Space and Defence (4iG SD), to address a growing backlog of demand in the space and defence sectors.
WOM Colombia has announced plans to roll out its 5G networks this year, following a bailout from new investors that rescued the operator from bankruptcy last week.