Philippine telco PLDT announced on Wednesday it has a secured a PHP2 billion (US$34.4 million) social loan facility from HSBC Philippines to finance its fibre infrastructure rollouts to underserved and unserved communities.
Axian Telecom’s fibre subsidiary, Axian Telecom Fibre, has completed the acquisition of 99.63% stake in Wananchi Group, a fixed broadband provider, as it looks to strengthen its position in high-demand fibre markets across East Africa.
Guinea’s Ministry of Posts, Telecommunications and the Digital Economy (MPTEN) reportedly plans to interconnect the country’s national fibre optic network with the network of Côte d’Ivoire in yet another move to boost its international capacity.
China Mobile International (CMI) announced on Tuesday that the PEACE subsea cable running from Singapore to France is now fully activated end to end, adding more open and flexible connectivity between Southeast Asia and Europe.