Vodafone Group has announced the sale of its remaining 3% stake in the Indian tower company Indus Towers for US$300 million to help reduce its significant debt pile.
Somalia-based operator Hormuud Telecom signed up to the GSMA’s Humanitarian Connectivity Charter pledging to provide connectivity in times of urgency and enhancing collaboration with humanitarian organisations.
MTN revealed its strategy to “restore profitability” in its Nigerian unit which includes raising tariff prices, after being hit by a sharp devaluation in the local currency.