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.
The Abu Dhabi Investment Authority (ADIA) is set to sell around half of its stake in Ooredoo Group in a move to raise additional capital on the Qatar Stock Exchange.
Indonesian telco XL Axiata and Nokia say that they have successfully completed a five-year project to modernise around 4,400 of XL Axiata’s existing sites in Central Java, to include 5G deployments in four cities.
Vodacom Eastern Cape will invest more than ZAR400 million (US$22 million) in its network this financial year to expand coverage, boost capacity and extend connectivity to rural communities across the province.
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