Atos and SoftBank announce major deals

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.

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.

The World Bank has pledged US$100 million to fund a new project that promises to speed up development of Zambia’s digital infrastructure and narrow the digital divide.