Indian telecommunications incumbent Bharti Airtel is actively exploring ways it can refinance its existing debt  and raise capital for expanding its 4G network by opening negotiations with international investment banks. Reports circulating in India claim that the telecommunication behemoth is seeking to raise $1bn.

Read more: Indian operator looking to raise $1bn to expand its 4G network

During Mobile World Congress Shanghai, Nokia and Tencent, one of China's leading providers of Internet services, have signed an agreement to carry out joint research and development work to explore the potential of 5G for the provision of new applications, including those for a variety of vertical markets.

Read more: Chinese conglomerate signs 5G research deal with European vendor

Embattled Chinese telecommunications colossus ZTE is expected to announce the appointment of Xu Ziyang as its new CEO as part of the continuing overhaul of the company’s management structures. The company has endured a hellish number of months as a result of crippling trade sanctions that were imposed by the US Department of Commerce.

Read more: Chinese vendor expected to appoint new CEO

The US Commerce Department recommended against approval of China Mobile's seven year old application to enter the domestic market, citing national security concerns. The move marked the latest blast from the US under President Donald Trump in its growing trade dispute with China. US tariffs against billions of dollars worth of Chinese goods are set to kick in on Friday and China has vowed to retaliate.

Read more: New telco targeted by the US-China trade war

The world’s biggest telecom tower infrastructure company China Tower has confirmed that it has been given the seal of approval to proceed with the launch of its IPO.

The company has been given the go-ahead for a $10bn listing on the Hong Kong stock exchange which would dwarf the IPO of global smartphone manufacturer Xiaomi.

Read more: China Tower gets approval for IPO

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