Telekom Malaysia Bhd's wholly-owned subsidiary, MTN Networks, which operates under the service brand name Dialog GSM, has signed up for a US$50mil credit facility with the International Finance Corp (IFC).
It would be used for the US$140mil nationwide expansion and upgrade of the Dialog GSM network in Sri Lanka, as well as its international gateway services, Telekom said in a statement yesterday. The credit facility is IFC's largest to Sri Lanka to date.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!