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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 274
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Antenna system boosts 5G in Malaysian mixed-use development

Developing Telecoms

EdgePoint Towers, part of EdgePoint Infrastructure, the ASEAN-based independent telecommunications infrastructure company, has announced the completed deployment of its Outdoor Common Antenna System (CAS) at The Exchange TRX, a 70-acre development by Ministry of Finance Malaysia in the heart of Kuala Lumpur for international finance and business.

Finance 249
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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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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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Ucom selects Cerillion for digital BSS/OSS transformation

Total Telecom

London, 21 st January 2025 Cerillion (AIM: CER), a leading provider of BSS/OSS-as-a-Service solutions to the telecoms industry, today announced a major new contract with Ucom, one of the leading telecommunications providers in Armenia. It operates large 4G+ and 5G mobile networks, extended fixed fibre network and up-to-date IPTV service.

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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 272
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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.