MTN Group saw a ZAR9 billion (US$506 million) loss and blamed the ongoing battle against currency devaluation in Nigeria and grappling with the civil war in Sudan.
Malaysian telco Maxis says it has signed a Memorandum of Understanding (MoU) with China Mobile International (CMI) to collaborate on exploring and developing private 5G applications and solutions for enterprises.
MTN Group and HIS Towers pledged to work constructively to resolve a governance issue as the firms push to bolster their relationship after resolving disagreements last year.
Vodacom pledged to spend ZAR800 million (US$44.4 million) this financial year to upgrade its network and deliver connectivity to deep remote locations in the South African region of KwaZulu-Natal.
Malaysian operators CelcomDigi and U Mobile, alongside ZTE announced recognition in the Malaysia Book of Records for achieving the fastest mobile speeds in in the world.
United Group announced it signed a purchase agreement for financially troubled Slovenian quad-player T-2, a move that could save the company from bankruptcy, while bolstering its local unit’s mobile and broadband offerings.
Latin America-focused operator group Millicom rejected Xavier Niel’s latest buyout offer stating that it is still being significantly undervalued, and maintained shareholders should reject Niel’s bid.
Bharti Enterprises has announced plans to acquire a majority stake in BT, the UK’s largest broadband and mobile provider. Bharti will purchase approximately 24.5% of BT Group from its current top shareholder, Altice. The acquisition will be executed th…
Pan-African operator group Axian Telecom poached MTN Nigeria COO Hassan Jaber (pictured) as its new group CEO, as the challenger operator continues to compete on the continent.