article thumbnail

Ooredoo lands US$549m financing deal for AI data centre plan

Developing Telecoms

million ) financing deal to help fund its plan to accelerate its data centre business and establish itself as an AI infrastructure heavyweight in the MENA region. Qatar-based Ooredoo Group announced on Tuesday it has signed a QAR 2 billion (US$549.4

Finance 236
article thumbnail

Airtel Finance Launches Fixed Deposits with Up to 9.1 Percent Interest

Telecom Talk

Bharti Airtel's Airtel Finance has launched a new fixed deposit marketplace offering up to 9.1 percent interest per annum. Integrated with the Airtel Thanks App, this service allows investments starting from Rs 1,000 without the need for a new bank account.

Finance 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ST Telemedia Global Data Centres Enhances Sustainability-Linked Financing Framework

Telecom Talk

Singapore-based ST Telemedia Global Data Centres (STT GDC) has released its enhanced Sustainability-Linked Financing Framework (SLFF) as part of its

Finance 147
article thumbnail

Ooredoo Secures QAR 2 Billion Financing For Data Center and AI Expansion

Telecom Talk

Ooredoo Group announces a record QAR 2 billion financing deal to expand its data center and AI business in the MENA region.

Finance 147
article thumbnail

STT GDC Strengthens Commitment with Enhanced Sustainability Financing

VoIP Review

ST Telemedia Global Data Centres (STT GDC) has unveiled an enhanced Sustainability-Linked Financing Framework (SLFF), reinforcing its commitment to achieving carbon-neutral operations by 2030. This update introduces more rigorous targets aimed at aligning financing strategies with impactful sustainability goals.

Finance 79
article thumbnail

TalkTalk’s £400 Million Refinancing: Stabilizing Telecom Finances

VoIP Review

These steps aim to give TalkTalk more time to organize its finances by extending the repayment deadlines for its Revolving Credit Facilities (RCF) and Senior Secured Notes (SSN), initially due in November 2024 and February 2025, respectively.

Finance 89
article thumbnail

Brightspeed Secures Multi-Million Fiber Network Financing

Broadband Breakfast

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.   Through the financing transaction, Brightspeed receives approximately $3.7

Finance 92