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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Data centre colocation company Cyxtera and multicloud computing firm Nutanix have unveiled a partnership to launch a Federal Innovation Lab.
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Helios Towers saw revenue growth of 4% over the first half of the year, as the number of sites owned increased by 21%.
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Hong Kong-based CK Hutchison and Qatari telecoms company Ooredoo have again extended talks for the proposed merger of their Indonesian subsidiaries.
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UAE-based Etisalat has increased its stake in Maroc Telecom from 48.4% to 53%, according to a regulatory filing it posted on Tuesday.
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NTT Ltd is developing its seventh US data centre campus in Phoenix, Arizona, a 240MW capacity site with data centre cores and shells built to LEED specifications.
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Qualcomm has unveiled a drone platform that offers 5G and AI capabilities in a bid to boost the development of commercial, enterprise and industrial drones.
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Syniverse has entered into a definitive merger agreement with M3-Brigade Acquisition II Corp (MBAC), a publicly traded special purpose acquisition company.
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BT Group has named Adam Crozier as its new chairman from 1 December, succeeding Jan du Plessis.
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Veon has added a new face to its leadership line-up after appointing Michael Schulz to the role of group chief people officer.
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EdgeConneX has agreed to acquire Israel-based Global Data Center (GDC), in a deal that includes underground facilities in Herzliya and Petah Tikva, near Tel Aviv.
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Lendlease has confirmed its first data centre in Japan, a facility that it said will be "one of the largest of its scale" in the country.
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Vodafone Idea saw revenue fall by 4.7% quarter-on-quarter to INR91.5 billion (€1 billion) in the three months to the end of June.
