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European Telecom Industry Gets Mixed Signals From Investors — Talking Markets

Some investors are dialing up their bets on European telecom companies, but shares struggle to recover previous highs amid a challenging near-term industry outlook due to muted top-line growth, stiff competition and heavy investments. ....

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Vodacom Raises Mid-Term Targets On Egypt Acquisition; Fiscal Year 2023 Revenue Rose

Vodacom Raises Mid-Term Targets On Egypt Acquisition; Fiscal Year 2023 Revenue Rose
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Bharti Airtel: Airtel Acquires Vodafone's 4.7% Stake In Indus Towers; Shares Up Over 2%

Bharti Airtel: Telecom major Bharti Airtel on Tuesday said that it has acquired a 4.7 per cent stake in Indus Towers from U.K.'s Vodafone Group for around Rs 2,388 crore. ....

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Vodafone Offers Reassurance After Shares Crashed 21% On Bailout News

Vodafone Idea Ltd. said government doesn't want to actively run the unprofitable phone operator after its board approved a rescue plan ....

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China Expands Influence in Africa By Building Government Facilities, West Starting to Counter

China Expands Influence in Africa by Building Government Facilities, West Starting to Counter
In mid-May, China invested $35 million in Kenya to build a new foreign ministry building. It’s the latest in a series of investments and grants given by the Chinese Communist Party (CCP) to African countries, which allows the regime to expand its political and economic influence in the continent.
China’s investment offers, mainly through its Belt and Road Initiatives (BRI), have been widely criticized for setting up debt traps for recipient countries, along with accusations of espionage and infiltration. The West has now started to take counter measures. ....

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