Axian Telecom is reportedly in talks to strengthen its fintech division through the acquisition of African e-commerce giant Jumia Technologies, according to Bloomberg sources.
Malaysian operator U Mobile joined rival Maxis in signing a 5G cooperation agreement with China Mobile International (CMI) to explore how to advance 5G connectivity.
Maxis CEO Goh Seow Eng said on Friday that the telco is ready to sign off on its share subscription agreement (SSA) to take a stake in 5G wholesaler Digital Nasional Berhad (DNB) and aims to play a major role in deploying Malaysia’s second 5G network.