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GTC and EXIM Bank deal will boost tower rollout in Cambodia

Developing Telecoms

Global Tower Corporation Pty Ltd (GTC), described as an independent player licensed for the construction and provision of telecommunication tower and related infrastructure services in the Kingdom of Cambodia, has secured US$19.97

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IFC approves $400 Million loan for Ufone, Telenor Pakistan merger

Developing Telecoms

The International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunications Company Limited (PTCL), marking a significant step toward its acquisition of Telenor Group’s operations in Pakistan.

Finance 272
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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 260
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Like private investor owned providers, revenue bond financed publicly owned fiber networks seek urban and suburban density.

EldoTelecom

Unlike general obligation bonds, which are backed by the taxing power of the issuing government, revenue bonds are supported by the income generated from the project they are financing. As the linked blog post above notes, it’s difficult to meet that underwriting standard in less densely populated exurban areas.

Finance 52
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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 273
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ISPs, Banks Still Want Looser Financing Rules for FCC Subsidy

Broadband Breakfast

  Aside from Weiss, an association of credit unions asked the agency to follow the National Telecommunications and Information Administration, which handles a separate broadband subsidy program, and allow credit unions to issue letters of credit. Current FCC rules limit participants' options to banks.

Finance 90
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PTCL’s Ubank and Mastercard launch Upaisa debit card

Developing Telecoms

Pakistan Telecommunication Company Limited (PTCL) says that Mastercard has partnered with its fintech subsidiary U Microfinance Bank (UBank) to issue a new physical and virtual debit card for its mobile financial services platform UPaisa.