The Nepalese National Telecommunications Authority (NTA) could block Axiata’s exit from Nepal for not notifying the regulator of the sale of its unit Ncell, as the Malaysian operator opted to exit the market due to a tax dispute with the government.
Mexico-based It and telecoms firm Axtel secured a US$60 million loan form the International Finance Corporation (IFC), a member of the World Bank Group, as part of plans to expand its fibre network, tower footprint and data centres.
American Tower Corporation (ATC) demanded a down payment of KES500 million (US$3.26 million) and KES150 million per month from Telkom Kenya, in order to switch on the 246 cell sites it shut down seven months ago due to debt owed by the operator.
Telekom Malaysia says it has swapped out 90% of its copper cables in Sabah with fibre and will ditch the remaining copper lines by 2025 as it copes with rising incidents of cable theft.
Despite a slow start in the MENA region, 5G is projected to account for half of all mobile subscribers by 2030, by which time it also be a significant driver of GDP for the region, says a new GSMA Intelligence report.