Globe raises more cash in latest tower sale

Posted on July 30, 2024 by Guest authors

Globe Telecom announced it gained PHP13.5 billion (US$230 million) from the transfer of more towers as it seeks more cash to pay down debts and fund future capex intensive projects.

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Operators

Safaricom reports 52% jump in half-year profits

Guest authors
November 8, 2025
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Safaricom reported a 52.1% increase in group net income to KES 42.8 billion for the half year ended September 2025, driven by solid performance in Kenya and reduced losses in its Ethiopia operation.

Operators

Asian operators look to AI for growth

Guest authors
June 19, 2024
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The chief executives of Axiata Group, Jio Platforms and Indosat Ooredoo Hutchison expressed great confidence in AI and digitalisation for delivrery of growth for emerging market operators and economies.

Operators

Vodafone Idea appeals for $3.5bn waiver, warns of shutdown risk

Guest authors
May 16, 2025
0

Vodafone Idea has reportedly filed a fresh appeal seeking a reduction in its massive adjusted gross revenue (AGR) liabilities, warning that it may be unable to continue operations beyond the current financial year without securing additional loans.

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Safaricom reports 52% jump in half-year profits

Asian operators look to AI for growth

Vodafone Idea appeals for $3.5bn waiver, warns of shutdown risk

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