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.
Telefonica has taken another step in its strategic withdrawal from Latin America, agreeing to sell its entire stake in its Uruguay operations to Millicom for US$440 million.
China Mobile Pakistan (CMPak), which operates under the Zong 4G brand, says it has expanded its network in the first half of 2024, as well as completed an extensive network modernisation project to address capacity challenges.
State-controlled telco Telecom Egypt said it has signed several service agreements with Orange Egypt worth around EGP15 billion (US$296.2 million) to provide transmission and infrastructure services.