Global digital operator Veon announced on Monday it is will invest an additional US$1 billion between 2023 and 2027 to help its Ukrainian subsidiary Kyivstar rebuild the country’s digital infrastructure as the Russian invasion continues.
Kazakhtelecom completed the US$1.1 billion sale of its subsidiary, Mobile Telecom Service LLP, to Qatari Power International Holding (PIH) in a move to align with the Kazakh president’s orders to demonopolise the Kazakh mobile market.
Telefónica is reportedly accelerating its exit from non-core markets by preparing to sell its Mexico unit, just weeks after it was said to be exploring sales in Argentina and Colombia.
Malaysian telco Maxis said on Monday it has fully restored services to customers following a fire at a telecoms tower that also knocked out services for customers of CelcomDigi and Telekom Malaysia’s Unifi Mobile.