The International Finance Corporation (IFC) announced it is in discussion to loan Airtel Africa US$200 million, to fill the operator’s coffers to fund network expansion in the Democratic Republic of Congo (DRC), Rwanda and Kenya.
Telstra-owned Papua New Guinea telco Digicel PNG is reportedly investing PGK20 million (almost US$4.9 million) to upgrade its 4G network in Lae, the capital of Morobe Province and the second-largest city in the country.
Indosat Ooredoo Hutchison (IOH) will upgrade its broadband footprint with Netcracker Technology to support expanding demand for its fibre to the home (FTTH) service.