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Investments and Expansions

RIL to Raise $800 million from Korea EximBank to Finance 4G Equipment Purchase

Reliance Industries Limited (RIL) will be raising $800 million from Korea EximBank (K-Exim) to finance the purchase of telecoms gears…

Indonesia's Leading Online Marketplace Tokopedia Snaps $100 Million Funding Led by SoftBank Internet

Tokopedia, Indonesia’s leading online marketplace, has clinched a whooping 100 million capital funding led by SoftBank Internet and Media (SIMI).…

Openstack Company Mirantis Bags a Whopping $100 Million in Funding

Mirantis, the pure-play OpenStack company, last week announced it has raised $100 million in Series B funding led by Insight…

Smartphone Customer Care Provider B2X Secures $15M Funding, Expands to India via Acquisition of TSS

B2X Care Solutions, the leading provider of customer care solutions for smartphones, Tuesday announced that it has raised $15 Million…

Telstra Opens $112M Upgraded Sydney HQ, Offers 'Digitally Intimate Experience'

Telstra has taken a major step towards becoming an integrated digital services provider by upgrading its Sydney headquarters at the…

Cisco Invests in Japanese IoT Firm smart-FOA

Cisco Investments, Cisco's venture capital arm is investing in Japanese IoT firm smart-FOA. The company is the first in Japan…

Alcatel-Lucent Opens Customer Network Center in Japan, Extends its Central NFV Competency Center in Naperville

Alcatel-Lucent, last week opened a new Customer Network Center (CNC), an innovative facility center in Tokyo designed to give service…

Tele2 Completes EUR 50 million Network Modernization in Baltics in Partnership with Nokia

Tele2 said in a statement that it has successfully completed the modernization of its mobile networks in all the Baltic…

Intel Invests USD$1.5 Billion in Chinese Mobile SoC Chip Makers

Intel, Friday announced that the company will invest USD1.5 billion for a stake of 20% in subsidiaries of Tsinghua Unigroup,…