investment

Mubadala to invest $1.2bn in India’s Reliance Jio
Reliance Jio has attracted close to $10 billion in external investment over the past six weeks
Amazon considers $2bn stake in Bharti Airtel
Amazon is the latest US based investor to express an interest in acquiring a stake in one of India’s big three telcos
Moro Hub and Avaya partner to launch UC Cloud Service Solutions in the UAE
The collaboration will enable businesses in the UAE to deliver services to their customers faster at significantly reduced total cost of ownership and with better return on investments
Raxio Data Centre unveils 9 local fibre carriers ahead of launch
Uganda’s digital economy is set for a major boost with the latest move by Raxio Data Centre which has opened the market for customers to have more options for redundancy and diversity in a competitive environment
Virgin Media and O2 announce £31bn mega merger in the UK
The deal will see the pair invest around £10 billion in UK connectivity over the next 5 years
Telecom Italia and Vodafone each raise €400 million by reducing their stakes in INWIT
The telecoms towers company holds the network tower assets of both companies
Safaricom and Vodacom complete acquisition of M-PESA
M-PESA is the continent’s largest payments platform, with 40 million users and over a billion transactions every month