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Europe stocks resume record run as Middle East tensions ease
By Medha Singh (Reuters) – European stocks picked up their record rally on Thursday as the United States and Iran signalled a desire to avoid further conflict, while rising expectations that a Phase 1 U.S.-China trade deal will be signed next week also provided a lift. A 1.3% gain for Germany’s trade-sensitive DAX <.GDAXI> stood […]
Vodacom to launch 5G services in South Africa in 2020
JOHANNESBURG (Reuters) – Vodacom Group <VODJ.J> expects to offer 5G mobile services to its South African customers this year by using a network being built by another African operator Liquid Telecom, Vodacom Chief Executive Shameel Joosub said on Tuesday. Liquid Telecom announced last month it was building a wholesale 5G network that would be available […]
Brazil’s Oi says mobile unit to issue up to $609.4 million in debenture bonds
By Gabriela Mello SAO PAULO (Reuters) – Brazilian telecoms company Oi SA <OIBR4.SA> said on Monday its mobile unit has signed an agreement to issue up to 2.5 billion reais ($609.40 million) in debenture bonds with a 24-month term to meet its cash needs. The move comes as Brazil’s largest fixed-line carrier struggles to turn […]