Globe to lay subsea cables in Mindanao

Xavier Niel’s investment vehicle Atlas increased its bid for Latin America-focused Millicom too US$4.1 billion, after the Millicom board rejected its previous offer for “undervaluing” the business.

MTN revealed it accepted an offer from Telecel to sell its units in Guinea-Bissau and Guinea-Conarky, as part of its portfolio optimisation strategy. 

Grameen Telecom founder Muhammad Yunus has been named chief adviser of Bangladesh’s interim government following the resignation and flight of Prime Minister Sheikh Hasina.