Axian Telecom is set to receive a financing package of US$100 million from the European Investment Bank (EIB Global) to help expand its mobile broadband infrastructure across Madagascar and Tanzania.
Last year at Digital Transformation World (DTW) Copenhagen, TM Forum President and CEO Nik Willetts (pictured) said the telecoms industry was at a “crisis point”.
Revenues from fixed communication services in Malaysia is expected to hit a compound annual growth rate of 0.7% from US$1.87 billion in 2023 to US$1.94 billion in 2028.
Malaysian telco U Mobile and Axiata-owned telecoms infrastructure company Edotco say they have formed a partnership to accelerate the rollout of 5G under the government’s planned dual network model.