Financials

Vodafone Idea will pay $1.4bn towards AGR dues today
Vodafone Idea owes a total of $7.4 billion to India’s Department of Telecoms, in part due to a Supreme Court ruling over the way telcos calculate their adjusted growth revenues
Bharti Airtel posts $145m loss for Q4 2019, despite increasing ARPUs
Airtel saw ARPUs climb by 5.5 per cent but more price hikes are needed in order to safeguard the company’s business going forward
Belgian regulator proposes temporary measures to fast-track 5G licences
Belgium will need to act quickly if it is to meet European Union deadlines for beginning the process of allocating spectrum later this year
MTN Group pledges $1.6 billion investment in Nigeria
Nigeria is MTN Group’s biggest single market in Africa
Global smartphone market set for 3% growth in 2020
A new report predicts that Samsung and Huawei will remain the wold’s most prolific smartphone vendors in 2020, with projected sales of 432.3 million and 376.8 million units, respectively
Nokia and PTCL upgrade Pakistan’s major transport network to 200G
The network will connect Pakistan’s major cities and economic centres, and could easily be upgraded further to 400G
Mexican regulator fines America Movil $63m for failing to disclose network availability
America Movil is Mexico’s biggest mobile network operator and has a huge portfolio of international customers in 25 countries across the world
Telecom Egypt has no plans to sell stake in Vodafone
Speculation had been mounting over a potential divestment but Telecoms Egypt confirmed that it had received no firm offers to take over its 45% stake in Vodafone Egypt