Vodafone Idea unit seeks $570m debt raise to fund 5G rollout

Malaysian telco U Mobile announced on Friday it has appointed CIMB Bank to facilitate and arrange financing of up to MYR4 billion (almost US$940 million) to support the nationwide deployment of its 5G network infrastructure.

Director General of the GSMA Mats Granryd will step down from his role after MWC Barcelona 2025, bringing an end to almost a decade in the role.