article thumbnail

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 274
article thumbnail

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

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
article thumbnail

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
article thumbnail

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 81
article thumbnail

AT&T Warns FCC of the Risks with Mandated Handset Unlocking

Broadband Breakfast

  With the latest proposal from the Federal Communications Commission to standardize handset unlocking within 60 days of service activation, AT&T has once again warned of dire consequences – higher prices, increased fraud, and reduced financing options for customers. 

Finance 80
article thumbnail

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.