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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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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 259
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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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Brightspeed Secures Multi-Billion 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 98
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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 97
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Argentina’s Refefo upgrade finally close to completion

Developing Telecoms

Argentina’s telecoms regulator Enacom has approved extra financing to finish a project undertaken by Argentinian state-owned telecommunications company Arsat to increase the capacity of its fibre optic network.

Finance 261