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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 246
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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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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
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Ukraine’s newest telco to receive $435m investment from EBRD, IFC

Total Telecom

News The move is the largest direct foreign investment in Ukraine since the war began This week, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have confirmed they will jointly invest $435 million into Ukraine’s newest converged telco.

Finance 278
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TIM receives €700m bid for Sparkle 

Total Telecom

Earlier this year TIM finalised the sale of its domestic fixed line network (NetCo) to US fund KKR after a lengthy back and forth process. If accepted, the deal could significantly reduce TIM’s debt burden and provide the company with the financial flexibility to invest in its core operations and future growth.

Finance 242
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Vodafone Idea Expands 5G Network with Ericsson Partnership

VoIP Review

Vodafone Idea has recently expanded its collaborative efforts with Ericsson , enhancing plans to upgrade their 4G network and ushering in 5G services in significant Indian regions such as Delhi, Kerala, Chhattisgarh, and Rajasthan. billion network equipment contract involving Samsung and Nokia , alongside Ericsson signed just a month earlier.

Network 98
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Vodafone Idea expands Ericsson 5G partnership 

Total Telecom

billion network equipment deal signed with Samsung, Nokia, and Ericsson just last month This week, Vodafone Idea (Vi) has expanded its partnership with Ericsson by signing new contracts to upgrade its 4G network and introduce 5G services in in key regions, including Delhi, Kerala, Chhattisgarh, and Rajasthan. billion to 1.2

Finance 212