Southeastern Europe-focused telecoms player United Group reportedly lined up potential buyers for its operations, with aims to gain €8 billion (US$8.57 billion) from potential sales, reported Bloomberg.
Ethio Telecom CEO Frehiwot Tamiru (pictured) revealed ambitions for the state-owned operator to almost double revenue at the end of its financial year in June to ETB236 billion (US$1.6 billion), on the back of increasing users and data usage.
Philippine operator PLDT is upgrading its digital infrastructure using optical technology from US vendor Ciena to improve data transmission from the Asia Direct Cable (ADC) system to local users.