Pakistan Telecommunications Company Limited (PTCL) says it has raised US$400 million in debt financing to cover the cost of its planned acquisition of Telenor Pakistan.
Select customers of Bangladesh state-owned telco Teletalk are reportedly now able to roam onto the network of rival telco Banglalink as part of a beta launch for a national roaming service to help Teletalk cope with availability problems.
The long-rumoured merger of Indonesian telcos XL Axiata and Smartfren moved another step closer to reality on Wednesday as parent companies Axiata Group and Sinar Mas announced they have officially signed an MoU to explore the proposed merger.
Indian telco Vodafone Idea reportedly plans to raise as much as Rs180 billion (just over US$2.1 billion) this week in what is expected to be India’s biggest follow-on public offering (FPO) as it seeks to pay off debts and get back in the 5G game.
