The Cameroon business of pan-African telecom giant MTN Group has received some encouraging news from its parent company in the form of a promised major injection of cash.
ITU Secretary-General Doreen Bogdan-Martin has announced over $US9 billion in investment commitments from mobile operator groups to extend global connectivity. The announcement was made yesterday at MWC 2024.
Malaysia’s second 5G wholesale operator U Mobile announced on Friday it has signed a ten-year syndicated financing deal with four Malaysian banks worth MYR4.3 billion (just over US$1 billion) to fund the capex for its 5G network rollout.