Telkom South Africa’s planned US$355 million selloff of its Swiftnet tower business to infrastructure-focused private equity firm Actis cleared another hurdle on Friday after its shareholders unanimously voted in favor of the deal.
Two of the commercial satellite industry’s biggest players are joining forces to fortify their position against the onslaught of emerging low-Earth orbit broadband constellations led by SpaceX’s Starlink network. In a $3.1 billion deal anno…
Latin America-focused operator group Millicom rejected Xavier Niel’s latest buyout offer stating that it is still being significantly undervalued, and maintained shareholders should reject Niel’s bid.
Vodacom Group reported an 11.4% year-on-year revenue increase in Q1, driven by strong performance in its Egypt unit and growing adoption of financial services.