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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Zella DC, a global Australian-based micro data centre specialist in R&D, manufacturing and distribution, has secured a grant from the AMGC Commercialisation Fund.
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Property adviser Knight Frank's Data Centre Report 2021 has recorded strong market momentum in the year.
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Telenor Group has adjusted its full year outlook as president and CEO Sigve Brekke declared a return to growth in Q2.
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Israeli real estate group Azrieli is acquiring 100% of Norway data centre services firm Green Mountain for around $850 million, to expand its data centre activity.
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GDS Holdings, the developer and operator of data centres in China, has announced a first step in its expansion into South East Asia with plans to develop a hyperscale campus in Johor, Malaysia.
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Reliance Retail Ventures Limited (RRVL) has acquired a 40.95% stake in Just Dial Limited (Just Dial) for $466.1 million (Rs 3,497 crores).
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Rack Centre, the data centre colocation provider in West Africa, has completed the doubling of power capacity at its Lagos, Nigeria campus to 1.5MW.
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A planning application has been submitted for a €1.2 billion Ireland data centre campus in Ennis, County Clare, which promises to create 1,200 construction jobs and 250 data centre jobs.
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The Ethiopian Communications Authority (ECA) has announced that Safaricom Telecommunications Ethiopia PLC has been issued with a final licence. However, over half of the winning consortium's financing could be in doubt due to US sanctions.
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Macquarie Telecom's wholesale data centre business has claimed its largest investment to date as it builds a facility that will house its Sovereign Cyber Security Centre of Excellence.
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Construction project management firm HanmiGlobal is now partnering with Hewlett Packard Enterprise (HPE) to promote South Korea as the next big data centre hub for Asia, as political uncertainty continues in Hong Kong and building restrictions threaten to curtail growth in Singapore.
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IBM is acquiring Madrid-headquartered Bluetab Solutions Group to extend its portfolio of data and hybrid cloud consulting services across Europe and Latin America.
