Airtel Africa returned to profit in its latest financial year driven by a rise in subscriber base despite a continued hit from currency devaluation across its markets.
Safaricom has reportedly sought permission from the Communications Authority of Kenya to build its own subsea cable, aiming to reduce reliance on third-party providers and enhance network resilience following last year’s major cable cuts.
Vodafone Idea Telecom Infrastructure has scaled back the size of its planned bond issuance, with the company now expected to raise around INR32 billion (US$359 million) instead of the previously targeted INR50 billion, Reuters reported, citing sources …