Axian Telecom is reportedly in talks to strengthen its fintech division through the acquisition of African e-commerce giant Jumia Technologies, according to Bloomberg sources.
State-owned telco Kazakhtelecom JSC has reportedly signed separate deals this week – one to finalise the selloff of its mobile unit MTS, and the other to build a subsea cable connecting Kazakhstan and Azerbaijan.
Indian telco Vodafone Idea reportedly plans to raise as much as Rs180 billion (just over US$2.1 billion) this week in what is expected to be India’s biggest follow-on public offering (FPO) as it seeks to pay off debts and get back in the 5G game.
