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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Digital Wholesale Solutions (DWS) confirms the appointments of Paul Walker and Damian Sanders as independent non-executive directors.
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Poland-headquartered software and IT services firm Comarch is to build a 32,000 sq ft data centre in Mesa, Arizona.
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Romanian cloud service provider ClusterPower has laid out $43 million to start building a data centre campus near the southern city of Craiova.
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Mobile operators are set to see revenue losses of US$41 billion due to security breaches and fraud, according to a new report.
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Altice takes BT stake; Colony Capital rebrands; QTS breaks records; and Ivo Ivanov talks Space-IX
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Up to 30 data centres in development in the Dublin metro area could struggle to get connected to the grid, after the Irish utilities regulator ordered power delivery firms to prioritise connection applications for data centres outside the capital.
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Principal Real Estate has sealed its first fund dedicated to developing and acquiring data centres in the US, being over-subscribed in raising $533 million from investors globally.
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Patrick Drahi’s Next Alt S.à r.l, through its subsidiary Altice UK, has purchased a 12% stake in UK incumbent telco, BT, valued at approximately £2.2 billion ($3.1 billion).
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Ofcom has appointed Sachin Jogia from Amazon as its new chief technology officer (CTO).
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Seraphim Capital, the space-sector investment group, has appointed the former director general of the European Space Agency (ESA) as a senior advisor and member of its advisory board.
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Capacity’s Alan Burkitt-Gray of Capacity TV speaks to Michael Ourabah, Chief Executive Officer and Founder and Anna Flach, Global Marketing Director of BSO about it's recent re-brand and revenue growth.
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Since has splashed out on another acquisition, this time snapping up MessageMedia for US$1.1 billion in cash and 1,128,487 new shares in Sinch.
