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Ethio Telecom in financing talks with AfDB as share sale delayed

Developing Telecoms

State-owned Ethio Telecom revealed on Thursday that it has initiated strategic discussions with the African Development Bank (AfDB) to finance its digital transformation initiatives, amid reports that the telco also pushed back the deadline of its planned 10% share sale to mid-February.

Finance 233
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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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Ethio Telecom launches financial services and device financing with Siinqee Bank

Developing Telecoms

Operator Ethio Telecom, in partnership with Siinqee Bank, an Ethiopian provider of banking and microfinance services, has launched a new range of mobile financial services and smartphone financing solutions.

Finance 158
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Spectrum auction urged to remove Chinese telecoms equipment

Telecoms Tech News

Outgoing FCC Chairwoman Jessica Rosenworcel is calling for a quick spectrum auction to finance the removal and replacement of Chinese telecoms equipment. The issue has been thrust back into the spotlight following the Salt Typhoon revelations that found Beijing-linked threat groups had compromised US telecoms networks.

Telecoms 282
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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 223
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With Unprecedented AI-Driven Demand, New Financing Solutions Needed

Broadband Breakfast

March 24, 2025 — Investors and lenders are developing innovative financing structures to meet the unprecedented capital demands of the data center industry, according to financial experts speaking Feb. Little, explored how capital markets are adapting to finance an industry transformation requiring billions in new investment.

Finance 96
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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