Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology has agreed to sell its Middle East and North Africa submarine cable unit MENA-SCS to Bharti Airtel’s Network i2i. The agreement comes days after Sawiris and Oi‘s bondholders proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of the struggling Brazilian telco. Egyptian billionaire Naguib Sawiris’ Orascom Telecom Media and Technology (LSE:OTMT) has agreed to […]