Shareholders in South African service provider Telkom will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
Telefónica has requested that Colombia’s Superintendency of Industry and Commerce evaluate its unit, Coltel, ahead of a potential sale to Millicom as part of its ongoing divestment plan in Latin America.
State-owned Indian operator Mahanagar Telephone Nigam Limited (MTNL) has reportedly defaulted on loan repayments of over INR83 billion about (US$971.5 million) to multiple banks.
The saga of Brazilian telecommunications company Oi and its ongoing attempts at restructuring its operations and settling its debts continues this week with news that it is seeking court approval to amend its existing debt recovery plan.
