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.
Malaysia’s second 5G operator U Mobile said on Tuesday it has selected Chinese vendors Huawei and ZTE as key tech partners in rolling out its next-gen 5G network with the ambitious goal of achieving 80% coverage within the first year of deployment.
Latin America-focused operator Millicom is considering a possible acquisition of Telefónica’s Chilean unit, as the Spanish group continues to exit non-core markets, Bloomberg reported.