Global digital operator Veon announced on Monday it is will invest an additional US$1 billion between 2023 and 2027 to help its Ukrainian subsidiary Kyivstar rebuild the country’s digital infrastructure as the Russian invasion continues.
America Movil is reportedly set to inject CLP$710 million (US$710 million) into its Chilean subsidiary, Vía Trans Radio Comunicaciones SpA (VTR), to strengthen the unit and support its operations in the country.
China Mobile International (CMI) announced at Mobile World Congress 2024 that it has struck an alliance with stc Group to advance deployment and implementation of IoT connectivity services for businesses.
Hungarian telecom and technology firm 4iG Group has announced a HUF96 billion (US$282 million) investment into its B2B subsidiary, 4iG Space and Defence (4iG SD), to address a growing backlog of demand in the space and defence sectors.