How two of India’s biggest operators are managing their debts

U Mobile defended its qualifications to run the country’s second 5G network on Sunday after enduring a week of criticism from rivals, industry analysts and politicians who expressed bafflement at the government’s decision to give U Mobile the nod.

Millicom has completed its US$380 million acquisition of Telefonica’s operations in Ecuador, marking another major milestone in the group’s strategy to strengthen its presence across Latin America.