The Indian government is reported to have allocated 529.3billion rupees (about US$6.4 billion) in its recent budget for infrastructure installation and upgrades for both state-owned operators – BSNL and MTNL – this year.
PT Profesional Telekomunikasi Indonesia (Protelindo), the largest telecommunication infrastructure company in Indonesia, has invested in UK-headquartered Stratospheric Platforms Limited (SPL), which seeks to provide high-bandwidth telecoms network coverage from the stratosphere using hydrogen-powered high altitude platforms (HAPS) delivered by unmanned aircraft.
It’s being widely reported that Millicom International Cellular, the Latin American telecommunications company, is a takeover target.
Filipino operator NOW Telecom has received a funding grant from the United States Trade and Development Agency (USTDA) to deploy its 5G network.
Technology services company NTT India has, according to a number of reports in Indian media outlets, earmarked around US$2 billion to boost information and communications technology infrastructure in the country over the next four years. That’s an annual investment of USD 500 million in India.