Cellnex sells stake in units in Sweden, Denmark for $772 mln to Stonepeak

[ad_1] Cellnex’s logo is displayed, during the GSMA’s 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/file photo Acquire Licensing Rights MADRID, Sept 29 (Reuters) –…

Spain scrutinising Saudi stake in ‘strategic’ Telefonica

[ad_1] The logo of Spanish Telecom company Telefonica is seen during GSMA’s 2022 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2022. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights MADRID,…

South Africa’s MTN to sell mobile money stake to Mastercard

[ad_1] An MTN logo is seen outside the company’s headquarters in Johannesburg, South Africa, March 13, 2023. REUTERS/Siphiwe Sibeko Stake sale values MTN’s fintech arm at $5.2 bln Deal to…

Japan’s SoftBank Corp posts 2.1% increase in Q1 profit

[ad_1] The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO, Aug 4 (Reuters) – Japan’s SoftBank…

Germany’s 1&1 switches to Vodafone for 5G network deal

[ad_1] The headquarters of Vodafone Germany are pictured in Duesseldorf September 12, 2013. REUTERS/Ina Fassbender/File Photo LONDON, Aug 2 (Reuters) – German mobile and broadband provider 1&1 (1U1.DE) said it…

Safaricom appoints new CEO for its Ethiopia business

[ad_1] NAIROBI, June 27 (Reuters) – Safaricom (SCOM.NR) has appointed Wim Vanhelleputte as chief executive officer of its Ethiopia business from September, an internal memo seen by Reuters on Tuesday…

Analysis: New blank-check firms arm up for Asian unicorn hunt

[ad_1] SINGAPORE/HONG KONG, Dec 22 (Reuters) – A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special…

Malaysia says will move to dual network model for 5G after 80% coverage

[ad_1] KUALA LUMPUR, May 3 (Reuters) – Malaysia on Wednesday said it will move to a dual network model for its 5G rollout after coverage reaches 80%. For now, the…

South Africa fights to keep phone networks up as lights go out

[ad_1] Mobile operators spending millions on fuel, backup systems Added costs forcing diversion of capital from 5G, rural networks Rampant theft of batteries, generators driving up expenses Industry seeking relief…

Exclusive: China plans $500 million subsea internet cable to rival US-backed project

[ad_1] SINGAPORE, April 6 (Reuters) – Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to…