Vodafone Idea needs to obtain fresh financing in order to be in a position to launch its 5G network
Indian carrier Vodafone Idea may face financial challenges as lenders are refusing to extend fresh loans to the telecom operator, according to Indian press reports.
The reports...
Iliad said its 5G coverage rate in France currently reaches over 94.4% of the population
The European Investment Bank (EIB) has granted French operator Iliad a new €300 million ($329 million) loan to finance its 5G network rollouts, the company said in a release.
This is...
Jio expects to reach nationwide coverage with its 5G services by the end of this year
India’s largest telecom operator, Reliance Jio Infocomm, has secured a $2 billion loan, which it will use to fund the acquisition of 5G network gear from Finnish vendor Nokia,...
Orange said the new financing will enable the telco to boost 4G networks in rural parts of France
French operator Orange has secured financing for a total of 500 million euro ($530 million) from the European Investment Bank (EIB) to partly finance the deployment of...
The 6G Flagship initiative was launched in 2018
Finland’s 6G Flagship announced that Horizon Europe, the EU’s most significant investment initiative in European research and innovation, approved twelve new project proposals.
According to 6G Flagship, these twelve new projects include Terahertz (THz) integrated systems enabling 6G...
Celona said that the proceeds will be used to accelerate the firm’s worldwide expansion, channel growth and R&D efforts
California-based Celona announced that it has closed a $60 million Series C financing round led by DigitalBridge Ventures, the venture capital initiative of DigitalBridge Group.
The financing...
GuardHat developed a smart hard hat that monitors worker safety at industrial settings
Detroit-based industrial internet of things startup GuardHat said that it has raised a $20 million Series A funding round.
The investment was led by RTP Ventures, with participation from 3M Ventures, Caterpillar Ventures,...
Under the new partnership, both firms will bring advanced IoT solutions to smart cities in the country
Panasonic Corporation of North America and TransitScreen have signed a strategic alliance to bring advanced IoT applications to smart cities around the U.S. Under this new partnership, both companies...
