Zegtel, a new Nigerian mobile virtual network operator (MVNO), has announced plans to invest about US$21.8 million over the next five years to expand mobile connectivity across the country.
Turkish technology and communications company Turkcell has secured US$150 million in Murabaha financing from Dubai Islamic Bank, a prominent bank in the Gulf region.
With excellent timing – considering last week’s downbeat headlines about AGR dues – Indian operator Vodafone Idea has announced the conclusion of what it quite reasonably describes as a US$3.6 billon megadeal with three global network partners.