Ericsson India sells its Vodafone Idea stake for US$49.9m

Posted on June 4, 2025 by Guest authors

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.

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Saudi’s PIF to buy Tawal as tower industry consolidation continues

Guest authors
April 23, 2024
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The Gulf region’s largest telecom tower company could be on the way following an agreement between Saudi Arabia’s sovereign wealth fund PIF (or Public Investment Fund) and Saudi ICT infrastructure service provider Telecommunication Towers Company Ltd (…

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Airtel Chad plans major network upgrade

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September 23, 2025
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Operator Airtel Chad is reportedly planning a XAF50 billion (about US$90 million) investment plan aimed at improving network quality and expanding digital connectivity across the country.

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Fintech’s US$100 million investment will support Ghanaian agriculture

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August 25, 2025
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Japanese agriculture fintech Degas Limited has announced a US$100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural hub, expanding a model that, it says, has already financed more than 86,000 …

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