Mobile Internet secures USD 75 mln in funding for broadband deployment in rural Indonesia

Friday 13 November 2020 | 08:29 CET | News
A group of investors, led by Gemcorp Capital, has co-committed USD 75 million in growth financing to Mobile Internet Holdings (MIH), an indirectly owned subsidiary of Net1 International. MIH, through its subsidiaries, specializes in delivering broadband connectivity to underserved populations in emerging markets. Net1 is licensed to operate the 450MHz spectrum in Indonesia.

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Categories: Internet
Companies: Net1 Indonesia
Countries: Indonesia
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