Business

Indonesia's IOH gets $652M from fiber assets spinoff

IOH will retain a minority stake in the new joint venture fiber optic business with the Arsari Group. The Indonesian operator will use the proceeds from the deal to fund the rollout of 5G and the development of AI-ready digital services across Indonesia. ...

SK Telecom to invest $480M in US AI

Korean operator SK Telecom plans a $480 million investment in SK Hynix's US subsidiary, and already has a $2.5 billion Anthropic holding ahead of the AI firm's IPO. ...

Carolina West Wireless sells network to Verizon

Regional carrier Carolina West Wireless is transitioning its network to Verizon, a move that will impact CWW's postpaid mobile service along with its Bark Mobile prepaid and Clearstream FWA services. ...

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