PCCW Global and Druid Technology sign IoT connectivity MoU

PCCW Global and Druid Technology signed a memorandum of understanding to expand satellite and hybrid IoT connectivity services across Belt and Road regions, as reported by iHarare News via Media OutReach. HKT (SEHK: 6823) is the parent company of PCCW Global, and the agreement was signed on 9 September 2026. The partnership aims to leverage Druid's Chinese mainland IoT solutions with PCCW's global network, but faces geopolitical tensions and regulatory hurdles. The MoU's success depends on navigating US-China tech decoupling, which could disrupt cross-border data flows and investment, though it has no immediate Zimbabwe-specific implications. The MoU is seen as a strategic move to expand connectivity in underserved regions, but its success will depend on navigating complex geopolitical dynamics.