Global Tower Corporation Pty Ltd (GTC), described as an independent player licensed for the construction and provision of telecommunication tower and related infrastructure services in the Kingdom of Cambodia, has secured US$19.97 million in financing from EXIM Bank Malaysia to support the expansion of essential telecommunications infrastructure across Cambodia.
Brazilian telecommunications company Oi is continuing the slow business of restructuring its operations and settling debts. It has now signed a deal with infrastructure business American Tower Corporation (ATC) that will see it transfer selected towers (the number has not been revealed) and properties to ATC.
The World Bank, described as one of the world’s largest sources of funding and knowledge for developing countries, says that more than 20 million Filipinos are going to enjoy better internet with the approval of World Bank funding for a Philippines government connectivity project.
Operators Brisanet, Ligga/Sercomtel and TIM have been declared the winners of Brazil's first reverse mobile auction, held by the Ministry of Communications, the regulator Anatel and Seja Digital, the group involved in effecting the transition to digital TV broadcasting in Brazil, which, in turn, has opened up 4G spectrum.
Ukraine’s telecoms industry is about to receive a boost thanks to The European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), a member of the World Bank Group, with support from the European Commission (EC) and the government of France.
