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Helios Towers closed the acquisition of 2,519 passive infrastructure sites from Omantel for US$495 million, its first in the Middle East as part of wider plans to expand in the region.
Philippines-based operator PLDT revealed there are several interested parties in buying 2,000 telecom towers from its portfolio.
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Amidst rising costs of coverage expansion to fulfil the rapidly increasing appetite for connectivity, operators globally are under more pressure to balance the books - a trend that is not limited to developed markets.
Reliance Jio signed up Nordic vendors Ericsson and Nokia to build its standalone 5G network in the wake of India completing its long-awaited 5G auction.