Category: investment

In news that is likely to be relevant to developing world markets where coverage of remote areas remains a problem, iPhone maker Apple has announced that it will invest up to US$1.5 billion in Globalstar, a provider of satellite and terrestrial connect…

DigitalBridge Group, a global alternative asset manager dedicated to investing in digital infrastructure, has announced that it has reached an agreement to acquire Yondr Group a global developer and operator of hyperscale data centres, through one of i…

Global Tower Corporation Pty Ltd (GTC), described as an independent player licensed for the construction and provision of telecommunication tower and related infrastructure services in the Kingdom of Cambodia, has secured US$19.97 million in financing …

Brazilian telecommunications company Oi is continuing the slow business of restructuring its operations and settling debts. It has now signed a deal with infrastructure business American Tower Corporation (ATC) that will see it transfer selected towers…

The World Bank, described as one of the world’s largest sources of funding and knowledge for developing countries, says that more than 20 million Filipinos are going to enjoy better internet with the approval of World Bank funding for a Philippines gov…

Operators Brisanet, Ligga/Sercomtel and TIM have been declared the winners of Brazil’s first reverse mobile auction, held by the Ministry of Communications, the regulator Anatel and Seja Digital, the group involved in effecting the transition to digita…