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.
Indian billionaire and Bharti Enterprises chairperson Sunil Mittal (pictured) has sold US$976 million worth of Bharti Airtel shares as he looks to secure funds for other ventures.
In a recent feature, I explored how operators are reducing their capex by turning to alternatives for RAN, including Infrastructure as a Service and Virtual RAN.
Vodacom pledged to invest ZAR435 million (US$25 million) into the Northern Gauteng Area of South Africa this financial year to meet growing connectivity demand.