Axian Telecom Fibre acquires majority stake in Wananchi Group

Demand for fixed-line telephone services has reportedly spiked in North Korea’s North Pyongan Province due to the easing of border restrictions with China, which has also led to a spike in installation prices.

Data Infrastructure Trust (DIT) sealed the acquisition of American Tower-owned ATC India for INR210 billion (US$2.5 billion), making it the largest towerco in the nation, surpassing rival Indus Towers.