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U Mobile secures financing from CIMB for second 5G network

Developing Telecoms

Malaysian telco U Mobile announced on Wednesday it has signed a Memorandum of Understanding (MoU) with CIMB Bank to extend financing support for its upcoming 5G network rollout.

Finance 264
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Vodafone and AST SpaceMobile to open research hub in Málaga

Total Telecom

News The Innovation Centre is supported by a grant from the Spanish Space Agency and will allow partners to test solutions combining satellite and mobile connectivity Vodafone has this week announced the creation of a new innovation centre in Mlaga, Spain, aimed at better integrating satellite and terrestrial mobile communications.

Finance 233
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All Intelligent Operations Enables New Growth 

Total Telecom

In Africa, Huawei Mobile Money helped an operator expand its business scope from mobile payment to mobile finance. In 2024, the operator’s revenue from mobile finance exceeded US$900 million. Huawei has helped an operator build the best driver experience network tailored for delivery drivers.

Finance 233
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Huawei ICT Services & Software Enable Digital Intelligence Acceleration 

Total Telecom

These solutions include fast equipment Centre Offices (COs) modernisation solution, intelligent operations solution for MBB cross-domain service keepalive, mobile network NPS improvement solution, differentiated service experience monetisation and assurance solution, and enhanced Mobile Money solution.

Finance 175
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North Korea moves to stabilise its e-payments network

Developing Telecoms

North Korea’s Pyongyang Information Technology Bureau is reportedly conducting inspections of the country’s electronic payments network to update equipment and stabilize operations in a drive to boost confidence in the country's transition to digital finance.

Finance 250
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U Mobile gets financing for Malaysia’s second 5G network

RCR Wireless

U Mobile received approval from the Malaysian Communications and Multimedia Commission last November to operate as the countrys second 5G provider Malaysian operator U Mobile has signed a Memorandum of Understanding (MoU) with local bank CIMB Bank Berhad (CIMB) with the aim of extending financing support for its upcoming 5G network rollout.

Finance 105
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Digital banking firm Nubank plans MVNO mobile service in Brazil

Developing Telecoms

Brazil-based digital bank platform Nubank announced plans on Tuesday to join Brazil's increasingly crowded mobile virtual network operator (MVNO) space in a bid to expand its portfolio beyond financial services.

Mobile 260