Financial
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Elon Musk, the billionaire owner of SpaceX and Starlink, Tesla, X and xAI will have a role in the upcoming second Trump administration, having been appointed to lead the newly created Department of Government Efficiency (DOGE). -
BT has reportedly put its global division up for sale as part of the company’s ongoing attempts to shave costs
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Veon Group shareholders have expressed concern to the board about the company’s current strategy, citing the underperformance of its share price.
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Singtel has agreed to sell its stake in cybersecurity firm Trustwave for US$205 million.
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Since returning to telecoms in June 2020 as Ribbon Communication’s EVP and CFO, Miguel ‘Mick’ Lopez has had a lot to deal with. He talks to Saf Malik about how the company adapted and stabilised its operations during the pandemic.
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Cellnex Telecom is talking to Deutsche Telekom about taking over its tower business, the CEO confirmed at a meeting of investors and analysts.
Forthcoming events
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Turk Telekom shares have risen 6% in value after Turkey’s wealth fund began talks over the acquisition of 55% of the company.
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EdgeConneX has announced it has made a strategic investment in leading data centre provider Chayora.
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Southern Cross Cable Network (SX) has announced its NEXT cable (SX NEXT) has landed in Coogee beach in New South Wales, Australia as part of the final stage of the submarine cable rollout between Los Angeles and Sydney.
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Orange Poland has signed a new long-term PPA to buy renewable energy in Poland.
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Three and EE have announced they have joined the BAI Communications network to provide 4G and 5G mobile connectivity across the London Underground.
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Nokia has been selected by Elisa Finland subsidiary Elisa Estonia for nationwide 5G RAN deployment, signing a five-year deal with the vendor.
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Chile’s Desarrollo Pais has selected H2 Cable LP as its strategic partner for the development of the first submarine cable to connect Latin America with the Asia Pacific and Oceania.
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Telecom Italia’s (TIM) former CEO Luigi Gubitosi has stepped down from the company’s board as the search for his successor continues.
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The US government last week recommended that Google and Meta’s undersea data cable to Asia should be approved for use.
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Airtel Africa confirms that Chimera Investment has investment $50 million in Airtel Mobile Commerce (AMC BV), through shares from one of its subsidiaries.
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SK networks has announced it has signed an MOU with T-GAIA, Japan’s biggest mobile phone retailer.
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GTT has announced that the US Bankruptcy Court for the Southern District of New York has approved the company’s Prepackaged Plan.
