Telecom operators in India, the second largest wireless market, would like internet companies to compensate for using their networks, a recommendation they’ve made to the local regulatory body,
Airtel is engaging with Paytm to explore sale of the Airtel Payments Bank business in exchange for shares in the younger financial services firm, according to two people familiar with the matter, in a
Jio Platforms said on Wednesday it has rolled out 5G to 101 cities in just as many days as the Indian telecom giant looks to court customers aggressively with faster data speeds. The firm said on Wedn
Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout of its 5G services that it plans to debut in key cities this Diwali in October,
Telecom operators in India agreed to spend $19 billion in the government auction for the 5G airwaves, New Delhi said Monday, the highest from them in any spectrum sale, as the world’s second largest
India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for faster data in the world’s secon
The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growt
Airtel said on Monday it is launching a credit card, the latest attempt from the Google-backed Indian telecom operator to make inroads with financial services as it looks to expand its offerings in th
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Vodafone Idea said on Tuesday it is giving the Indian government a 35.8% stake in the company after its board approved conversion of dues and spectrum auction installments into equity to save the thir
Several users from Zambia have taken to Twitter informing the general public that WhatsApp has been restricted in the country amidst ongoing general elections today. The president and parliamentary el
China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nat
The Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New De
Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and
Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought-after unicorn status. In less
In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found
Reliance’s Jio Platforms, the largest telecom operator in India, plans to roll out a 5G network in the country in the second half of 2021, top executive Mukesh Ambani announced on Tuesday. “India
Singapore-based Nektar.ai, a productivity platform for sales teams, has raised $2.15 million in seed funding. Founded earlier this year, Nektar has been working in stealth mode with five companies, an
Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million i
Vodafone Idea, one of the largest telecom operators in India, has rebranded as ‘Vi’ as it looks for a “fresh start” three years after the British telecom giant Vodafone Group&
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