Dialog Axiata and its parent company Axiata Group announced on Thursday that they have signed a definitive agreement to effectively take over Bharti Airtel’s Sri Lankan operations, reducing the number of mobile operators in the country to three.
Philippines-based operator Globe Telecom sold off more towers in a deal sealed back in 2022, raising PHP13.5 billion (US$234 million) to support future capex plans and pay down debts.
The Competition Commission of Pakistan (CCP) has finally cleared Pakistan Telecommunication Company Limited’s (PTCL) acquisition of rival Telenor Pakistan and Orion Towers, subject to a series of stringent conditions.
Telefónica is reportedly accelerating its exit from non-core markets by preparing to sell its Mexico unit, just weeks after it was said to be exploring sales in Argentina and Colombia.