article S&am will invest up to $8 billion to build the next generation of wireless broadband networks, including new high-speed networks in Africa and the Americas.
S& ;amp;amp;ad Networks and technologies have been an important part of the company’s success for nearly two decades, but the company will spend a combined $8.5 billion to fund these projects, according to a statement on Monday.SMC and T-Mob have long shared the same business model of delivering the latest technologies to customers, which is why they are now joined by T-mob.
The move is part of an overall plan to build out a network of up to 2.5 million wireless connections by the end of the decade, the company said in a statement.
In addition to Africa, the U.S. and Europe will be among the regions that will see investment in these new networks, according the statement.
Siemens is also joining T-mobile, which has been working with Siemens to bring LTE networks to some areas of the U-S.