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Softbank invests $700m in Sinch The Japanese operator Softbank has invested heavily in the Swedish software company Sinch. According to Sinch, it will use the profit to finance further mergers and acquisitions. The Japanese company acquired a portion of the newly issued shares in Sinch, as well as some existing ones, from various major shareholders. The total share expenditure amounted to approximately $698.5 million. Sinch said that it will use the proceeds from the shares primarily for beef up its financial flexibility for undertaking new acquisitions. Sinch announced two takeovers, one of Brazil’s CRM Wavy for $119 million, as well as the SAP Digital Interconnect deal, which was a cash and debt-free transaction valued at approximately $270 million. Read more at: https://tinyurl.com/y5wgysrb Telefónica recently deployed nodes in Seville, Spain Telefónica has for the third time deployed edge nodes in its home country of Spain, recently launching this infrastructure in Seville.…

Two Japanese telecommunications providers, SoftBank and KDDI, have drawn up a plan to invest a total of $38 billion in fifth-generation wireless networks in Japan over the next 10 years. The country is seeking to close the gap between itself and its neighbors, China and South Korea, who have taken the lead in rolling out this ultra-fast technology. The 5G technology is expected to provide a large-scale boost to the country’s economy, benefiting a variety of industries, from Internet services to the automotive industry. Currently, 5G coverage across Japan remains very limited, mainly focused on Tokyo and other major population centers. Both operators plan to invest $19 billion each. For Japan’s 5G network, SoftBank plans to build 350,00 base stations nationwide, of which 50,000 are expected to be completed by March of 2022, and 200,000 more by 2025. Meanwhile, KDDI, which currently has less than 10,000 base stations,…