Pakistan Telecommunications Company Limited (PTCL) says it has raised US$400 million in debt financing to cover the cost of its planned acquisition of Telenor Pakistan.
Veon subsidiary Jazz secured a PKR75 billion (US$270 million) loan to finance plans to expand infrastructure across Pakistan, and aid plans to transition from a telco to a technology services company.
Orange has continued its senior leadership overhaul with the appointment of Brelotte Ba (pictured), Deputy CEO of Orange Middle East and Africa (MEA), as the new Director General of its Senegalese subsidiary, Sonatel.