Globe Telecom announced it has secured a PHP5 billion (US$87.5 million) loan from the Bank of Commerce to support its capital expenditure programme, according to ABS-CBN.
Safaricom CEO Peter Ndegwa is unfazed by media reports surrounding a potential breakup of the company in Kenya, which briefly surpassed the KES1 trillion market capitalisation milestone only two months ago.
Bharti Airtel has reached a deal to acquire 400MHz of spectrum in the 26GHz band from Adani Data Networks, a subsidiary of Adani Enterprises, as part of its strategy to enhance 5G services across key regions in India.
Vietnamese telco Viettel said on Tuesday it has officially surpassed its commitment to the government to deploy 20,000 new 5G sites in Vietnam before the end of this year.