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Evergrande: Struggling firm to raise $1.5bn as debt payment looms

2021-09-29 05:48:44| BBC News | Business | UK Edition

The deal comes as the cash-strapped firm faces another interest payment deadline on Wednesday.

MTN Nigeria to pump $1.5bn into broadband

2021-08-03 02:00:00| Total Telecom industry news

On an analyst call yesterday, MTN Nigeria’s CEO Karl Toriola said that the company is planning to invest $1.5 billion over the next three years to enhance broadband access in Nigeria. Currently, MTN's 4G network covers 65.1% of the Nigerian population, up from 60.1% in December 2020. The Nigerian government wants to see 90% population coverage by 2025…read more on TotalTele.com »

Tags: nigeria pump broadband mtn

MTN sets aside $1.5bn for Nigerian broadband

2021-06-22 02:00:00| Total Telecom industry news

A three-day visit to Abuja and Lagos from MTN Group’s president and chief executive officer, Ralph Mupita, have shed light on the Group’s broadband investment approach in Nigeria. In discussions with stakeholders, Mupita said that MTN Nigeria would be investing around $1.5 billion over the next three years to increase broadband access throughout the country. Exactly how this fund will be spent over this period is unclear…read more on TotalTele.com »

Tags: sets broadband mtn nigerian

Axiata and Telenor sign $15bn Malaysian merger

2021-06-21 02:00:00| Total Telecom industry news

Earlier this year it was announced that Axiata and Telenor were in discussions to combine their Malaysian mobile units, a move which would see the creation of a new mobile market leader. Today, the two companies have confirmed that they have conducted their due diligence and signed the transaction agreements to merge Axiata’s Celcom and Telenor&rsquo…read more on TotalTele.com »

Tags: sign merger malaysian telenor