Multilateral development bank IDB Invest says it has led a US$140 million financing package for Torrecom Partners, a US-based leading independent telecom tower operator in Latin America, to support the expansion of digital infrastructure, connectivity and competitiveness across the region.
Equatorial Guinea’s state-owned telecommunications operator Getesa has signed a collaboration agreement with Huawei to optimise the country’s national telecommunications network.
African data centre platform Raxio Group says it has passed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year.
Jio Platforms has reportedly appointed long-time executive Pankaj Pawar as its new CEO, replacing Kiran Thomas ahead of the company’s expected initial public offering.
Schneider Electric says it has landed a deal with technology and connectivity investment group T964 to provide power and cooling infrastructure for T964’s planned Tier III data centre in Iraq.
Bankrupt Brazilian operator Oi announced on Saturday it has signed a contract to sell its fixed line services unit to Método Telecomunicações for BRL60.1 million (US$11.6 million) in cash as part of a judicial auction held in April.
African payments technology company Flutterwave has announced a collaboration with Xoom, PayPal’s international digital money transfer service, to enable fast transfers into Nigeria.
The Gambian government has begun the privatisation of its state-owned mobile operator, Gamcel, whose parent company, Gamtel, last week signed an agreement with private operator YCELL.
Advanced technologies company Thales and operators Singtel (Singapore), Optus (Australia), AIS (Thailand) and Globe Telecom (Philippines) have announced the successful deployment of the world’s first multi-operator enterprise eSIM connectivity network for the Internet of Things (IoT).
India's fast-changing data centre landscape continues to make headlines. This time home-grown company Webyne has announced that it has achieved 10 MW Tier III data centre capacity across Delhi-NCR (National Capital Region) and is targeting 100 MW expansion.