Operator Airtel Chad is reportedly planning a XAF50 billion (about US$90 million) investment plan aimed at improving network quality and expanding digital connectivity across the country.
An American financial company, hired to plan a digitisation programme for the Democratic Republic of Congo, has filed a lawsuit in the United States against the country and several senior officials, reportedly alleging corruption.
Indian operator Vodafone Idea’s much heralded Rs18,000 crore (about US$ 2.2 billion at current exchange rates) follow-on public offer (FPO), India’s biggest, was fully subscribed by its third day, according to local news reports.
Thai billionaire Sarath Ratanavadi has reportedly announced plans to merge his power company Gulf Energy Development with its telecoms unit Intouch Holdings, which owns telco Advanced Info Service (AIS), with the resulting combined entity potentially v…