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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Scott Beasley is to join Frontier Communications as CFO following the resignation of Sheldon Bruha.
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Equinix has expanded its Silicon Valley campus with a new $142 million facility, expected to open for business at the end of this month.
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A new data centre services firm has been launched in Finland and it plans to invest an initial €200 million in revamping existing facilities and building new ones.
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Wholesale veteran Juan Carlos Bernal has left his role as chief commercial officer (CCO) of Telefónica Global Solutions and as member of the ITW Global Leaders Forum.
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Airtel Tanzania has sold 1,400 towers in the country to a joint venture comprising Paradigm Infrastructure Limited and SBA Communications Corporation.
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A coalition of organisations in Mexico are preparing legal action against the government in response to its plans for a national database of mobile users.
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The Datacloud Global Awards took place on 1 June, with more than 20 winners across a wide range of categories.
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German cloud and IT services firm q.beyond is considering the sale of its colocation business, which includes three wholly-owned data centres.
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Cloud data analytics services firm Cloudera is being bought for $5.3 billion and going private.
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EdgeX is capitalising on the growth of edge, while giving a new lease of life to the corporate world’s divested assets. Melanie Mingas gets the details from John Parsons
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The Canadian Radio-television and Telecommunications Commission (CRTC), Canada’s regulator ruled against lowering wholesale access prices for smaller businesses.
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Telenor Group has spun its Nordic tower assets into a new business and appointed the CEO of Telenor Sweden to take the reins.
