The saga of Brazilian telecommunications company Oi and its ongoing attempts at restructuring its operations and settling its debts continues this week with news that it is seeking court approval to amend its existing debt recovery plan.
Indian state-owned operator Mahanagar Telephone Nigam (MTNL) is apparently sinking further into a financial quagmire. It has reportedly informed India’s stock exchanges that it has defaulted on payments of both principal and interest to a group of publ…
Vodafone Romania has selected Ericsson as a key partner to upgrade its radio access network (RAN) infrastructure and roll out 5G technology across the country. The six-year agreement will see Ericsson provide 5G RAN products and solutions to boost netw…
Indonesian telcos XL Axiata and Smartfren Telecom announced on Wednesday they have finally agreed to merge their operations in a deal valued at IDR104 trillion (US$6.5 billion) after years of rumours and negotiations.