Financial
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A law firm has launched an investigation into whether board members of Frontier Communications may have breached their fiduciary duties in connection with the proposed merger with Verizon. -
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).
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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.
Forthcoming events
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DataBank has expanded its Pittsburgh data centre, PIT2, by 25,000 sq ft and 2.5MW of power.
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Global infrastructure investor Actis has strengthened its data centre capabilities in Korea through an exclusive partnership with local industry expert ADIK.
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Microsoft has launched a new data centre region in Arizona, consisting of three facilities to support redundancy in the cloud services being delivered.
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The first wholesale connectivity provider in LATAM to receive payments in cryptocurrency
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KKR's Global Technical Realty has reached an agreement with SEGRO to develop a data centre campus in Slough, UK.
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NTT Ltd has appointed Sunil Kishore as its new senior executive vice president (SEVP) of managed network & collaboration services.
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In FY20, Oracle Corporation saw total revenues increase 4% year-over-year to reach $40.5 billion.
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The creation of Celcom Digi Berhad is "a matter of days or a week" away from completion, according to Axiata CEO Izzaddin Idris.
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ST Telemedia Global Data Centres India has started construction on a $150 million data centre on a new greenfield site in Noida, Uttar Pradesh.
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Singapore's Digital Edge has moved into the Indonesian data centre market by acquiring a controlling interest in Indonet for $165 million.
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Korean mobile operator LG Uplus is to build a $268 million hyperscale data centre in Anyang, Gyeonggi, south of Seoul.
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Equinix and Singapore’s sovereign wealth fund GIC are adding $3.9 billion to their xScale data centre joint venture, which will add over 20 hyperscale facilities to their global portfolio.
