Vodafone Romania CEO Achilleas Kanaris stated the company’s parent has no plans to exit the market as a repositioning of the unit is commencing.
Axiata Group and its Indonesian arm XL bought a 66.03% stake in broadband and TV provider Link Net for IDR8.7 trillion (US$114 million), a move to leverage the company’s expertise to penetrate the underserved areas.
As the late July date for India’s 5G auctions approaches, operators will have to think carefully about where the money is coming from for the additional spectrum. However, it looks like Vodafone Idea (Vi) is already positioning itself financially, both to bid and to invest in its network, through a planned equity deal and a delay to AGR dues, among other plans.
Ukrtelecom deleted software to prevent Russia from taking control of Ukraine’s internet and phone services, its chief executive officer Yuriy Kurmaz told Bloomberg.
Infrastructure manufacturer Ericsson predicted 5G will account for 40% of all connections in India by 2027 despite operators not launching commercial services yet in the South Asian country.