There has been a flurry of announcements from Nigerian operator T2 Mobile in recent weeks. And if that name doesn’t seem familiar that may well be because until August the operator had been known as 9mobile. Here are a few brief updates.
Volatile foreign exchange rates across Africa are currently hamstringing operators, with notable names such as MTN and Airtel revealing how badly their coffers were hit in recent financial results.
The International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunications Company Limited (PTCL), marking a significant step toward its acquisition of Telenor Group’s operations in Pakistan.