Sri Lankan telco Dialog Axiata said on Thursday it has officially take 100% control of rival telco Bharti Airtel Lanka via a share swap, sealing a deal that has been in the works for over a year.
Chilean operator WOM filed for bankruptcy after it failed to refinance its US$348 million debt pile in November, due to challenging macroeconomic conditions.
Orange Centrafrique says it has become the first mobile operator in the Central African Republic (CAR) to sign a 4G license with the Ministry of Digital Economy, Posts and Telecommunications, paving the way for 4G to finally be launched in the country.
Airtel Zambia has announced plans to invest US$107 million in a nationwide network upgrade programme, following pressure from the country’s telecoms regulator to improve quality of service.