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Actis, a global investor in sustainable infrastructure, has signed an agreement to sell leading South African fibre network operator Octotel to a consortium of investors.
Actis, a global investor in sustainable infrastructure, has signed an agreement to sell leading South African fibre network operator Octotel to a consortium of investors.
Turkcell, the largest mobile operator in Turkey, has said it aims to ramp up investment this year as it plans for a new data centre and infrastructure for 5G services.
Private equity firm KKR & Co will invest US$400 million in telecoms tower operations in the Philippines, according to an announcement made by the US Department of Commerce this week.
TowerCo of Africa Uganda has procured funding of US$40 million to boost coverage in rural areas of the country.
Could the fortunes of Indian operator Vodafone Idea be about to change? That’s probably too optimistic an assessment at this stage, but recently announced plans to raise Rs45,000 crore (about US$5.5 billion) via equity and debt signal that a much-needed funding boost may finally be on the way for Vodafone Idea.
ITU Secretary-General Doreen Bogdan-Martin has announced over US$9 billion in investment commitments from mobile operator groups to extend global connectivity. The announcement was made yesterday at MWC 2024.
Digital infrastructure company Equinix is, according to a number of news outlets, planning to invest US$390 million in building data centres in Africa over the next five years.

Could the long delayed partial sell-off of Ethio Telecom finally be taking place? Ethiopia’s Prime Minister Abiy Ahmed has indicated this week that his government is discussing selling 10% of the state-owned telecoms company.
There’s been a strong statement from GSMA Latin America, a regional division of industry association the GSMA, on the GSMA website, under the heading A Call to Action to Ensure the Development of the Internet and the Digital Future of Latin America and the Caribbean.
Abu Dhabi’s Advanced Technology Research Council (ATRC) has unveiled what it calls a pioneering initiative aimed at facilitating global access to cutting-edge technology solutions: the ATRC Global Tech R&D Platform.
Telecel Group, an Africa-focused provider of digital and communications services, has announced a major investment in its wholly owned subsidiary Telecel Global Services (TGS), a leading telecommunication service provider for operators and enterprise clients globally with a particular focus on Africa.
A consortium led by Actis, a global investor in sustainable infrastructure, says it has acquired the macro tower portfolio of Telekom Srbija a leading operator across Serbia, Bosnia and Herzegovina, and Montenegro.
Taiwan's Foxconn, the world’s largest contract electronics maker, has announced that it will partner with Indian multinational information technology consulting company HCL Group to establish a semiconductor assembly and testing facility in India.

Two new facilities, recently opened by Pixxel and Apple, underline the continuing attraction to technology companies of the Indian market in general and the city of Bengaluru in particular.
As promised in November last year, Kenyan operator Safaricom, mobile payment giant M-Pesa Africa and global trading and business investment company Sumitomo Corporation have now announced calls for tech start-ups looking to join the Spark Accelerator programme.
The Government of Gabon and the World Bank, one of the world’s largest sources of funding and knowledge for developing countries, have signed a US$68.5 million loan for the Digital Gabon Project.
Short video app TikTok plans to take a controlling stake in an e-commerce unit of a major Indonesian technology firm, PT GoTo Gojek Tokopedia.
Blue Label Telecoms, a 49.5% shareholder in South African operator Cell C is, through its subsidiary The Prepaid Company (TPC), moving to acquire control of Cell C.
Malaysia’s five mobile operators have finally signed share subscription agreements (SSAs) to take equity stakes in wholesale 5G operator Digital Nasional Berhad (DNB), which also clears the way for a second 5G operator to be established next year.

AMD, which describes itself as a high-performance and adaptive computing leader, has inaugurated its largest global design centre in Bengaluru. This, the company says, marks a milestone in its commitment to expand research, development and engineering operations in the country.
The African Development Bank and The US Commercial Service, the trade promotion arm of the US Department of Commerce’s International Trade Administration (ITA), have announced what they describe as a new strategic collaboration in a move to drive digital transformation across Africa.
Cambodian operator CamGSM PLC successfully launched its US$20 million sustainability bond on the Cambodia Securities Exchange (CSX), making it the first such bond to be issued in Cambodia.
Kenyan operator Safaricom, mobile financial service M-Pesa Africa, and global trading and business investment company Sumitomo Corporation are to launch the Spark Accelerator, a programme to support early-stage start-ups in Kenya in their efforts to grow and scale their businesses.
Next-generation digital services and consulting group Infosys has announced what it calls a new proximity centre in Sofia, the capital of Bulgaria, as part of its continued growth in Europe.
KKR, a global investment firm and the parent company of OMS Group, a leading telecom infrastructure company and provider of subsea cable services, has announced its latest digital infrastructure investment in Southeast Asia.