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Major financing commitment boosts Yondr’s Malaysian data centre campus

Developing Telecoms

The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed over US$900 million in financing to global data centre operator Yondr Groups hyperscale data centre campus in Johor Bahru, a city on the southern tip of the Malay Peninsula.

Finance 276
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Amazon and Shriram Finance target payment services sector in India

Developing Telecoms

Both Shriram Finance, an Indian non-banking finance company (NBFC), and online retail giant Amazon have recently made news with their plans for the sector. Payment services are again making headlines in India.

Finance 232
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Finance firms struggle to modernize as AI and blockchain race ahead

RCR Wireless

Legacy tech is holding finance back; nearly half of financial firms admit outdated infrastructure is stalling AI progress, with data quality and harmonization key to unlocking value.

Finance 108
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MTN Uganda hails massive debt financing deal

Developing Telecoms

Operator MTN Uganda says it has secured UGX370 billion (about US$100 million) in committed debt financing from five local banks.

Finance 243
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U Mobile secures financing from CIMB for second 5G network

Developing Telecoms

Malaysian telco U Mobile announced on Wednesday it has signed a Memorandum of Understanding (MoU) with CIMB Bank to extend financing support for its upcoming 5G network rollout.

Finance 264
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Bajaj Finance to Be a FinAI Company in Its Next Growth Phase

Telecom Talk

Bajaj Finance plans to reshape the financial services industry with BFL 3.0, leveraging AI and GenAI to drive growth, enhance customer experiences, and optimise costs.

Finance 260
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Ooredoo lands US$549m financing deal for AI data centre plan

Developing Telecoms

million ) financing deal to help fund its plan to accelerate its data centre business and establish itself as an AI infrastructure heavyweight in the MENA region. Qatar-based Ooredoo Group announced on Tuesday it has signed a QAR 2 billion (US$549.4

Finance 259