Globe Telecom secures to support capex and refinancing

Troubled Chilean operator WOM has emerged from Chapter 11 bankruptcy, with CEO Chris Bannister pledging to steer the company forward.

A London High Court has rejected an appeal by former Unitel director Isabel dos Santos to unfreeze assets worth around US$778 million.

Telecom Egypt and Hungary-based 4iG Group struck a partnership to build fibre access infrastructure, to commercialise Fibre-To-The-Home (FTTH) and Fibre-To-The-Site (FTTS) fibre access infrastructure on a wholesale basis in Egypt.