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Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus' trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi's past outstandings, ultimately settled in April.
Following this acquisition, Bharti Airtel's stake in Bharti Telemedia will rise from 80% to 100%.
Opera has stopped its free data campaign in Kenya owing to BCLB's decision.
With controversies surrounding royalty payments for non-telecommunication services by ISPs, the government is refusing to release necessary foreign exchange to them.
The telecommunications companies operating in Nigeria notably Glo, MTN, Airtel and 9Mobile are asking the federal government to facilitate constructiv