Kyivstar puts up $90m to defend against Russian attacks

A matter of weeks after operator WOM Chile filed for Chapter 11 bankruptcy protection in the US, the Colombian unit seems to be having difficulties of its own.

The Indian government has reportedly expanded its ownership stake in Vodafone Idea from 22.6% to 48.99% by converting around INR369.5 billion (US$4.3 billion) of the telco’s spectrum payment dues into equity shares.

Globe Telecom announced it gained PHP13.5 billion (US$230 million) from the transfer of more towers as it seeks more cash to pay down debts and fund future capex intensive projects.