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.
In July, we reported that Thai billionaire Sarath Ratanavadi was planning to merge two companies that he controls – Intouch Holdings, which holds a majority 40.4% stake in AIS, and power firm Gulf Energy Development. Now, shareholders in the firms have…
For the longest time, Africa has been the continent chronically playing catch-up, unable to compete with larger economic powerhouses in more developed markets.
Vietnamese telco Viettel reportedly plans to give away 4G feature phones to 700,000 of its 2G-only subscribers to migrate them to 4G as the government’s delayed shutdown of 2G draws near.