Two banks with a strong Latin American focus, development bank IDB Invest and multinational bank Bladex, have joined forces to provide a financing package to Millicom-owned operator Telemovil El Salvador – aka Tigo – of up to US$205 million.
Indian telco Vodafone Idea is reportedly set to raise as much as Rs24.5 billion (US$293.2 million) via a preferential issue of equity shares to the local units of telecoms equipment suppliers Nokia and Ericsson.