The long-rumoured merger of Indonesian telcos XL Axiata and Smartfren moved another step closer to reality on Wednesday as parent companies Axiata Group and Sinar Mas announced they have officially signed an MoU to explore the proposed merger.
America Movil is reportedly set to inject CLP$710 million (US$710 million) into its Chilean subsidiary, Vía Trans Radio Comunicaciones SpA (VTR), to strengthen the unit and support its operations in the country.
Indian telco Bharti Airtel said on Wednesday it has deployed recently-acquired extra spectrum in Rajasthan, which it says will boost performance of its 4G and 5G services in the state.