Vodafone Group has announced the sale of its remaining 3% stake in the Indian tower company Indus Towers for US$300 million to help reduce its significant debt pile.
Globe Telecom announced it has secured a PHP5 billion (US$87.5 million) loan from the Bank of Commerce to support its capital expenditure programme, according to ABS-CBN.
State-owned operator Ethio Telecom has officially expanded its commercial 5G network in southern Ethiopia, as the operator continues to deploy fifth-generation technology.