DNB gives four telco investors bigger stakes – at least for now

Southeastern Europe-focused telecoms player United Group reportedly lined up potential buyers for its operations, with aims to gain €8 billion (US$8.57 billion) from potential sales, reported Bloomberg.

Malaysian operator U Mobile joined rival Maxis in signing a 5G cooperation agreement with China Mobile International (CMI) to explore how to advance 5G connectivity.

The International Finance Corporation (IFC) announced it is in discussion to loan Airtel Africa US$200 million, to fill the operator’s coffers to fund network expansion in the Democratic Republic of Congo (DRC), Rwanda and Kenya.