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Vodafone Idea Brings Competition to Airtel, Jio in Finance

Telecom Talk

Vodafone Idea has also entered the world of finance with the recent launch of Vi Finance. Other telcos including Bharti Airtel and Reliance Jio already have their own finance verticals. Airtel has Airtel Finance integrated on its website while Jio has Jio Finance integrated deeply into its platforms.

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Vodafone and AST SpaceMobile to open research hub in Málaga

Total Telecom

News The Innovation Centre is supported by a grant from the Spanish Space Agency and will allow partners to test solutions combining satellite and mobile connectivity Vodafone has this week announced the creation of a new innovation centre in Mlaga, Spain, aimed at better integrating satellite and terrestrial mobile communications.

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U Mobile sells DNB stake to fellow shareholders for US$23k

Developing Telecoms

Malaysian telco U Mobile sold its entire 16.28% stake in 5G wholesale operator Digital Nasional Bhd (DNB) on Tuesday to DNBs remaining shareholders CelcomDigi, Maxis, YTL Power International and the Minister of Finance (MOF) for MYR100,000 (US$23,176).

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CIMB to spearhead financing for U Mobile's $940M 5G network

Light Reading

Malaysia's U Mobile has officially appointed CIMB as the loan coordinator and mandated lead arranger to secure up to $940 million in financing for its 5G network rollout.

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IFC provides €25 million loan to boost digital infrastructure in Comoros

Developing Telecoms

The International Finance Corporation (IFC) has approved a €25 million loan to Axian Telecom’s Comoros-based operation, Yas Comoros, to support the expansion of connectivity infrastructure and the enhancement of mobile and fixed broadband services across the East African archipelago.

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TerraPay and Wave Mobile Money address Malian remittance market

Developing Telecoms

TerraPay, a global money movement company, has partnered with Wave Mobile Money, a mobile money provider, in what is described as a strategic move to enhance cross-border remittance services in West Africa and specifically Mali.

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Network International and Blu Penguin enabling mobile money transactions in Ghana

Developing Telecoms

Digital commerce firm Network International is collaborating with Ghanaian fintech and mobile money aggregator Blu Penguin to provide mobile money transactions via Network’s N-Genius payment terminals.