Ericsson India reportedly sold off its 0.6% stake in Vodafone Idea (Vi) on Tuesday to undisclosed buyers for INR4.28 billion (US$49.9 million), less than two months after Nokia’s Indian unit did likewise.
Sri Lankan telco Dialog Axiata announced on Monday it will invest another US$100 million in its digital infrastructure, increasing its total cumulative investment in the country to more than US$3.37 billion.
