African digital infrastructure provider WIOCC Group announced on Monday it has secured a US$65 million debt financing package drive its continued expansion of connectivity capacity and digital infrastructure across Africa.
Indian operator Vodafone Idea’s much heralded Rs18,000 crore (about US$ 2.2 billion at current exchange rates) follow-on public offer (FPO), India’s biggest, was fully subscribed by its third day, according to local news reports.
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.