Xavier Niel’s investment vehicle Atlas increased its bid for Latin America-focused Millicom too US$4.1 billion, after the Millicom board rejected its previous offer for “undervaluing” the business.
Malaysian 5G wholesale operator Digital Nasional Bhd (DNB) said on Thursday that four of five telco investors have met the deadline to complete their Share Subscription Agreements (SSAs), paving the way for the launch of a second 5G operator.
Airtel Africa and Vodacom Group announced they would share infrastructure in key African markets to cut deployment costs and accelerate 4G and 5G rollouts.