Vodacom to cut staff in South Africa

Given its recent troubles, the Moody’s Ratings downgrade of operator Telefonica del Peru’s Corporate Family Rating (CFR) and senior unsecured rating to Caa1 from B2 is not great news.

Colombian operator WOM has secured approval for a proposed US$800 million reorganisation, staving off a potential bankruptcy. It now plans to continue developing 5G services and strengthening its operations in the country.

Incumbent telco Lao Telecom announced it has expanded its 5G service to Savannakhet province, with coverage now available at ten locations in the provincial capital of the same name.