Financial
-
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
-
Veon Group shareholders have expressed concern to the board about the company’s current strategy, citing the underperformance of its share price.
-
Singtel has agreed to sell its stake in cybersecurity firm Trustwave for US$205 million.
-
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.
-
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
-
Orange, Telefónica and Nokia are among those who have reported their Q2 and H1 financial results in recent days.
-
US fibre-based carrier FirstDigital Telecom has received a US$200 million investment from Apollo Global Management.
-
Despite its size and leading cloud market position, Amazon Web Services managed a 37% annual growth rate in its latest quarterly results, helping to increase its overall share of the market to boot.
-
Digital Realty has reported an annual 10% increase in revenues to $1.1 billion for the second quarter and announced the building of its second data centre in Seoul, South Korea.
-
Canada has closed its spectrum auction for the 3500 MHz band, raising C$8.9 billion (US$7.2 billion), 80% of which came from its three biggest telcos.
-
Total international bandwidth more than quadrupled between 2016 and 2020, to exceed 2 Pbps.
-
Google has confirmed two subsea cable projects linking the Middle East with southern Europe and Asia, are to be built and delivered in collaboration with Sparkle.
-
Aruba Enterprise' Massimo Bandinelli, weighs up the pros and cons of virtual and in-person data centre tours, during and post-pandemic
-
Equinix and Options, the financial services data connectivity provider, have joined forces to provide increased connectivity and low latency services through Singapore.
-
Data centre REIT CyrusOne has changed its CEO again, after the firm said the company's board had “separated” from Bruce Duncan as short-lived president and chief executive officer.
-
Microsoft has posted an 18% annual increase in revenue for the year and a 32% jump in operating profits.
-
Macquarie Asset Management has closed its Macquarie Infrastructure Partners V (MIP V) Americas infrastructure investment fund after raising $US6.9 billion - exceeding its $US5 billion target.
