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Investments and Expansions

Etisalat to Switch Off 2G by the end of 2022

In line with the Telecommunications and Digital Government Regulatory Authority’s (TDRA) announcement on 2G network gradually being switched off by…

Prysmian Group Investing in North America Plant to Support Broadband & 5G

Prysmian Group, world leader in the energy and telecom cable systems industry, announced that it is investing $85 million in…

PLDT Invests $80M in 400G APRICOT Cable System

The Philippines' largest fully integrated telecommunications company PLDT is set to further expand its network bandwidth capacity, with its participation…

Indonesia's XL Axiata Passes Operational Feasibility Test for 5G Deployment

Indonesia's XL Axiata has passed the Operational Feasibility Test (ULO) by the Ministry of Communications and Informatics to deploy 5G…

SK Telecom's New Spin-off 'SK Square' Targets Aggressive Investments

SK Telecom on Tuesday announced that the name of the new company to be established through a horizontal spin-off has…

India's Reliance Jio Concludes Spectrum Trading Deal with Bharti Airtel

India's Reliance Jio Infocomm announced that it has entered with Bharti Airtel for acquisition of right to use spectrum in…

Bharti-backed OneWeb Raises $330mn from South Korea's Hanwha

Hanwha, the South Korean global technology and manufacturing company has announced a USD $300m equity investment in Bharti Group-backed OneWeb,…

SoftBank Group Achieved Carbon Neutrality for Business Activities in 2020

SoftBank Group (SBG) last week announced that it has achieved Carbon Neutrality in fiscal year 2020, reducing greenhouse gas emissions…

Real-time AI Firm Deepbrain AI Raises $44M in Series B Funding

Deepbrain AI, a company specializing in real-time artificial intelligence (AI), on Tuesday announced the closing of a $44 million series…