Promoter confidence in Vodafone Idea (Vi) has climbed this week after billionaire industrialist Kumar Mangalam Birla boosted his stake in the ailing telecom operator by buying several crore of shares on the open market, lifting investor sentiment and helping the company’s stock jump sharply in recent sessions. Birla’s latest acquisitions, […]

India’s telecom sector is facing a challenging phase as Bharti Airtel reports a sharp fall in quarterly profits while the industry continues to grapple with massive government dues. Analysts, however, see potential growth opportunities for tower companies amid network expansion plans. Bharti Airtel’s consolidated net profit for the third quarter […]

Telcos in Nigeria have highlighted the disparity between current price controls and economic realities, urging government intervention to tackle pricing challenges. Despite enduring economic difficulties, these companies have refrained from adjusting prices for over a decade, citing regulatory constraints as the primary obstacle. In a joint statement from the Association […]