Malaysia-based subsea cable solutions company OMS Group said on Monday it has allocated US$300 million for strategic investments in its global cable systems and terrestrial infrastructure in the ASEAN region.
Wholesale fibre optic connectivity services and infrastructure carrier InterNexa has announced a five-year US$100 million investment to strengthen connectivity in Colombia.
The 10% sell-off of Ethio Telecom is finally going ahead. In fact Reuters reports that Ethio Telecom will become the first company to list on Ethiopia’s new stock market next week when the government sells a 10% stake in the company.