A committee representing the board of Latin America-focused operator Millicom unanimously recommended shareholders reject Xavier Niel’s Atlas Investissement buyout offer of more than $4 billion.
Indian operator Bharti Airtel paid INR84.65 billion (US$1 billion) towards its debt for spectrum acquired in the 2016 auction, weeks after the supreme court threw out operator pleas to readjust their dues.
The Kenyan government has reportedly imposed conditions on the sale of a 15% stake in Safaricom to South Africa-based Vodacom Group aimed to making sure Safaricom retains its local identity.
Vodafone UK and Virgin Media O2 have announced a landmark agreement to extend and enhance their mobile network sharing arrangement for over a decade. The agreement, which builds upon the existing partnership between the two telecom giants, is largely i…