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Articles tagged with: Ifc
World Bank Subsidiary to Finance Green Base Stations
The International Finance Corporation (ifc) - the private sector arm of the World Bank Group - is to work with the GSMA to identify and fund renewable energy based base station deployments. The overall goal is to make cost effective renewable energy solutions a widely used power source for off-grid locations by 2012. more
Related Tags: international-finance-corporation, gsma, solar-power, wind-power
Nigerian Tower Operator Secures World Bank Funding to Expand Network
Helios Towers Nigeria (HTN) has secured a US$100 million investment from the World Bank's ifc as part of a US$250 million capital injection that will help the company increase its network to 2,000 sites nationwide. more
Related Tags: towers, helios-towers, play, Nigeria
Zain Ghana Secures Funding for Network Expansion
ifc, a member of the World Bank Group, has provided a US$90 million loan and mobilized an additional US$70 million in syndications to help Zain Ghana expand its mobile network. more
Related Tags: world-bank, zain-ghana, Ghana
World Bank Approves Funding to Extend Affordable Communications Services
The World Bank's Board of Executive Directors today approved an International Development Association (IDA) credit of US$151 million to extend access to affordable communications services to Malawi, Mozambique and Tanzania. This is the third phase of the Regional Communications Infrastructure Program (RCIP) - a US$424 million regional program that will increase the availability of reliable communications services for citizens, businesses and governments in Eastern and Southern Africa. Under RCIP 3, Malawi, Mozambique and Tanzania will receive US$20 million, US$31 million and US$100 million respectively. more
Related Tags: world-bank, submarine, fiber-optic, Malawi
MTN Gets Loan to Expand Afghan Network
ifc, a member of the World Bank Group, is providing a US $65 million loan and US $10 million in equity to MTN Afghanistan to support the expansion of the company's mobile telephone network. The expansion is aimed in particular at low-income populations. more
Related Tags: mtn-afghanistan, world-bank, Afghanistan
Cambodian Phone Network Gets Funding for Rural Coverage
ifc, a member of the World Bank Group, has organized a US $100 million investment in Cambodian mobile network operator, CamGSM to help strengthen the telecommunications sector and expand access to affordable mobile services in rural areas. ifc is providing up to $40 million from its own account and has mobilized an additional $60 million from ABN AMRO, Cordiant Capital, DnB NOR, and Nordea. more
Related Tags: rural, tim, ovi, iden, mobile-internet, world-bank, millicom, Cambodia
IFC Supports Development of New Mobile Network in the Palestinian Territories
The International Finance Corporation (ifc), a member of the World Bank Group, is investing US$30 million in Wataniya Palestine, as part of a US$85 million loan, to help build a mobile-phone network in the Palestinian West Bank. Wataniya Palestine is a joint venture of the Palestine Investment Fund and Wataniya Telecom, which is majority-owned by Qatar's Qtel. more
Related Tags: qtel, wataniya-telecom, edge, wataniya, wataniya-palestine, gsm, world-bank, Palestine
Idea Cellular Expands GSM Coverage to Two More Indian States
India's Idea Cellular has expanded its GSM network to include Bihar and Jharkhand states - making it the fifth operator in the two states after Reliance (which has both CDMA and GSM mobile service), BSNL, AirTel, and Aircel. more
Related Tags: rural, cdma, idea-cellular, villages, bihar, tamil-nadu, towers, India
Indian Operator Secures Funding to Expand Rural Coverage
ifc, a member of the World Bank Group is providing a US$100 million loan to Indian GSM network operator, Idea Cellular to enable the extension of services to Bihar, one of the few states in India without a well-developed telecommunications network. The loan will also help establish a national long-distance network to meet growing demand for services. more
Related Tags: rural, idea-cellular, world-bank, bihar, India
Digicel Plans $334 Million Investment in Panama
Pan-Caribeean mobile operator, Digicel Group is planning to invest at least US$334 million in its new network in Panama - reports the Jamaica Observer newspaper. Citing a report by the International Finance Corporation's (ifc), the paper said that the mobile operator is daunted by the high cost of building out the required rural network in Panama. more
Related Tags: rural, telefonica, digicel, gsm-license, cable-and-wireless, Panama