Deal of the week
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| Network equipment vendor Cisco will invest $1 billion into the build-out of data centres to support a new cloud computing service over the next two years. [read more] |
Midweek Mergers
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| Telecom Italia is reportedly mulling over the potential acquisition of a stake in Italian fibre network provider Metroweb, in an effort to boost its broadband service. [read more] |
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| Finnish vendor Nokia does not expect to close the sale of its mobile phone business to Microsoft until at least April, as talks with regulators continue. [read more] |
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| Bouygues Telecom has increased its bid for SFR by €1.85 billion to €14.5 billion after its initial offer was outbid by cable operator Numericable. [read more] | |
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| Hutchison Whampoa’s subsidiary Three Ireland has submitted concessions to address the European Commission’s concerns regarding its $1 billion bid for O2 Ireland. [read more] |
International Investments
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| Fibre-optic network provider FirstLight Fiber is expanding its Vermont data centre in a bid to keep up with demand for broadband connectivity. [read more] |
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| Russia’s prime minister, Dmitry Medvedev, has this week called on state-owned operator Rostelecom to launch telecoms services in Crimea, Ukraine. [read more] |
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| HKNet, a subsidiary of NTT Communications, has announced the launch of a new IaaS cloud service aimed at enabling businesses of all sizes to benefit from cloud services. [read more] |
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| European cloud provider Interoute today revealed an increase of €91 million on its EBITDA for 2013, compared with 2012. [read more] |
