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"Under the deal, Nokia will modernise the existing 2G, 3G, 4G radio network and expand MTN's 5G radio network across 2,800 sites in the central and eastern part of the country," Nokia said in a statement. Nokia did not give financial details of the deal.

Ghanaian subsidiaries of Tigo, Bharti Airtel cleared for potential merger

It is the first such joint venture proposed in Ghana's highly competitive telecom sector. Put together, the new entity would become Ghana's second largest mobile operator serving around 10 million subscribers with revenues close to $300 million.

Moody's downgrades ICICI's future bond sale via Bahrain branch

"At the same time, we've retained the Baa3 rating on its foreign currency senior unsecured debt raised through this branch," Moody's said.

MTN pays $98 million part of Nigerian fine: Officials

"MTN has paid 30 billion naira (USD 98 million, 92 million euros) as part of the fine," Tony Ojobo, spokesman for Nigeria Communication Commission (NCC) told AFP.

SBI raises $500 mn in 3-year dollar debt

Nation's largest lender State Bank of India today raised USD 500 million in forex debt in three-year dollar money as part of its medium term notes (MTN) programme, making it the second fund raising by it this year.

BlackNGreen eyes Rs 350cr revenue;plans to enter 25 nations

The company, which offers voice morphing services through its flagship 'Magic Voice', is also looking to enter India. For international markets, the Chennai-headquartered firm has tie-ups with major telecom operators including Vodafone, Airtel Africa, MTN, Virgin Mobile and Telenor.

YES Bank gets RBI nod for setting up IBU in GIFT City

Establishing the IBU will propel the bank's growth plans further by providing it access to international financial markets, as well as provide a comprehensive product suite to its corporate clients requiring foreign currency funding, Yes Bank said in a statement on Tuesday

Airtel Africa appoints ex-MTN executive as MD for Chad

Anwar Soussa joins Airtel from MTN Cyprus where he served as the Chief Operating Officer. He holds a Bachelor of Science degree in Marketing from the American College of Greece and a Master of Science degree in Marketing from Concordia University.

Axis Bank raises USD 55 million from overseas market

In November 2014, Axis Bank had raised USD 500 million by raising debt overseas.

Nigeria says fines Airtel, others for poor service

Globacom, which is owned by Nigerian billionaire Mike Adenuga, was fined 277.5 million naira, while South Africa's MTN and Airtel, which is owned by Bharti Airtel, were each fined 185 million naira, the Nigerian Communications Commission (NCC) said in a statement.

Zambia telecoms regulator takes Bharti to court

Ngabo Nankonde said the Zambia Information and Communication Technology Authority instituted criminal proceedings against the local units of India's Bharti Airtel, South Africa's MTN and the state-owned Zamtel.

MTNL's board approves raising of Rs 3K cr through bonds

State-run telecom company MTNL today said its board has approved the proposal for raising Rs 3,000 crore through sovereign guarantee bonds.

Suicide bombers attack Airtel office in Nigeria

Two suicide car bombers attacked the offices of mobile phone operators India's Airtel and South Africa's MTN on Saturday in Nigeria's northern city of Kano, killing themselves but no civilians, the police said.

Investment now coming to fruition: Bharti Airtel

India's largest telecom operator Bharti Airtel‘s second quarter net profit fell short of market expectations, but revenues and operating profit were slightly above analyst estimates.

NTPC raises $500m from overseas bonds issue

State-run NTPC today said it has raised USD 500 million (over Rs 2,600 crore) through issue of bonds in international markets and the proceeds would be utilised for existing as well as new power projects.

SBI plans to raise $5bn via offshore loans

State Bank of India, the country's largest lender, plans to raise USD 5 billion via overseas loans in the current fiscal year, its chairman said on Friday.

Aditya Birla Group denies sale of Idea Cellular

Idea Cellular touched a 52-week high of Rs 80.90. At 09:21 hrs the share was quoting at Rs 71.35, up Rs 3.80, or 5.63% on the NSE. Aditya Birla Group has denied on selling Idea Cellular after reports of group’s talks with MTN and other global companies, reports The Economic Times.

Airtel determined to be no 1 loved brand in Africa: Kohli

Manoj Kohli the CEO, International and the joint managing director of Bharti Airtel, in an interview with CNBC’s Lerato Mbele, spoke about the telecom major’s brand new look and what route they plan on following in their quest to conquer the African continent.