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Developing Telecoms Newsletter Sign Up Keep up-to-date with the latest telecoms news in emerging markets globally. Subscribe to Developing Telecoms' FREE weekly newsletter. Afghanistan Bosnia and Herzegowina Cook Islands Samoa South Sudan, Republic of Sweden Uruguay Business/Industry/Finance User * Your personal data will not be shared with third parties. Click here to view our privacy policy. 733 Telkomsel, a unit of Indonesia’s state-owned and largest telecom operator Telkom, has invested an additional US $300 million in ride-hailing and payments firm Gojek, just months after the network...

Indonesian telco operator Telkomsel invests $300m more in Gojek May 10, 2021 Indonesia’s leading digital telecom operator Telkomsel has invested an additional sum of $300 million in homegrown ride-hailing major Gojek, according to a press statement. Telkomsel had invested $150 million in Gojek in November 2020.  This investment builds on the existing collaboration between Telkomsel and Gojek and will open up new synergies as the two companies scale up digital services and deliver new solutions, the companies said in a statement. Telkomsel CEO Setyanto Hantoro said the new investment will ...

Search Sellers show a billing feature from Gojek on their smartphone during an event in Yogyakarta on Aug 12, 2020. (Antara Photo/Andreas Fitri Atmoko) Telkomsel Doubles Down on Gojek Bet BY :JAKARTA GLOBE MAY 10, 2021 Jakarta. Telekomunikasi Seluler, or Telkomsel, the cellular operator unit of Indonesia's largest telecom company Telkom Indonesia, has injected $300 million new investment in ride-hailing decacorn Aplikasi Karya Anak Bangsa, or Gojek Indonesia, a move that the company hope would strengthen its position in digital busines...

Singapore firms announce green financing Out-Law News | 29 Apr 2021 | 5:53 am | 1 min. read Some major Singapore firms have announced sustainable green finance initiatives, timed to coincide with Earth Day last week, according to Straits Times. The Singtel Group’s wholly owned subsidiary launched its first sustainability-linked revolving credit facility of S$750 million ($565m), which was described as the largest Singapore-dollar denominated sustainability-linked loan in Singapore. The loan is guaranteed by Singtel and will be used for general corporate purposes. The three year lo...

Mobile sector declares climate action breakthrough The global mobile industry has become the first sector to annouce a critical industry ‘breakthrough’ as part of its race to eliminate emissions. By Climate Champions | April 20, 2021 More than a third of mobile operators by revenue have met rigorous criteria set by the UN’s Race to Zero campaign and committed to net zero emissions by 2050 at the latest. Already, 36% of the mobile industry by revenue, and 31% of the mobile industry by connections, are in the Race to Zero. Participants include: Telefonica, Vodafone Gr...