Telecom Egypt appoints Tamer El Mahdi as chief

Indian billionaire and Bharti Enterprises chairperson Sunil Mittal (pictured) has sold US$976 million worth of Bharti Airtel shares as he looks to secure funds for other ventures.

Colombian operator WOM has secured approval for a proposed US$800 million reorganisation, staving off a potential bankruptcy. It now plans to continue developing 5G services and strengthening its operations in the country.