Vodafone raises $1.8B from Indus Towers shares

Vodacom pledged to spend ZAR800 million (US$44.4 million) this financial year to upgrade its network and deliver connectivity to deep remote locations in the South African region of KwaZulu-Natal.

Nepalese telco Ncell has denied market rumors that it has struck a deal to take over fixed-broadband ISP Classic Tech, although it confirmed that is seeking some sort of deal with an ISP.