Indian telco Vodafone Idea is reportedly set to raise as much as Rs24.5 billion (US$293.2 million) via a preferential issue of equity shares to the local units of telecoms equipment suppliers Nokia and Ericsson.
The International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, and tech giant Microsoft have signed a strategic agreement to identify and enhance investment opportunities in di…
Zegtel, a new Nigerian mobile virtual network operator (MVNO), has announced plans to invest about US$21.8 million over the next five years to expand mobile connectivity across the country.