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.
Turkish technology and communications company Turkcell has secured US$150 million in Murabaha financing from Dubai Islamic Bank, a prominent bank in the Gulf region.
The formal listing of Indian telecommunications giant Reliance Jio Infocomm is still months away but the recent announcement by the chair of parent company Reliance Industries, Mukesh Ambani, of plans to list India’s largest mobile network next year wi…
