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.
Malaysia-based subsea cable solutions company OMS Group said on Monday it has allocated US$300 million for strategic investments in its global cable systems and terrestrial infrastructure in the ASEAN region.
