Malaysia’s communications minister has indicated that an announcement will be made by next week regarding the sale of a 70% equity stake in Digital Nasional Berhad.

Cash-strapped Zambian state-run telecoms firm Zamtel, which provides a range of services including landline, mobile, FttH and ADSL, is reportedly for sale, though this has been denied by at least one senior government figure.

Telenor subsidiary Digi and Axiata received approval from the Malaysian Communications and Multimedia Commission (MCMC) to merge their operations, after making concessions to address competition concerns.

Mexican conglomerate Alfa has proposed the spin-off of its entire stake in operator Axtel, a move it claimed will unlock the underlying value of the group.