U Mobile hits top speed on Penang Bridge

Singtel subsidiary and technology services company NCS is expanding its footprint in the Asia-Pacific region by acquiring a 51% majority stake in Globe Telecom’s IT unit, Yondu.

China Mobile Pakistan (CMPak), which operates under the Zong 4G brand, says it has expanded its network in the first half of 2024, as well as completed an extensive network modernisation project to address capacity challenges.

Given its recent troubles, the Moody’s Ratings downgrade of operator Telefonica del Peru’s Corporate Family Rating (CFR) and senior unsecured rating to Caa1 from B2 is not great news.