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.
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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).
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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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DUG Technology says it plans to build a “carbon-free” high-performance computing as-a-service campus over ten halls, on indigenous people's land in Australia.
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Amazon Web Services says it plans to open an infrastructure region in the United Arab Emirates in the “first half of 2022”.
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Zain Group confirms the relaunch of its international wholesale business.
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Raxio has opened its first data centre in Uganda, a Tier III carrier-neutral data centre located at the Kampala Industrial and Business Park.
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ST Telemedia Global Data Centres of Singapore is joining forces with Indonesian conglomerate Triputra Group and global investment firm Temasek, to build a 72MW data centre campus in the Jakarta region, Indonesia.
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Five mobile network operators (MNO) have collaborated to introduce a new pan-industry labelling scheme to help consumers identify and compare sustainability across smart phones.
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GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announces the release of its state-of-the-art pricing & engagement platform, LatamConnect.
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MainOne says it plans to ramp up data centre storage capacity over the next two years in response to demand for its services.
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Etisalat has announced the expansion of its SmartHub data centre footprint with a third location at Kalba, UAE.
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Shaw Communications’ (Shaw) shareholders have “overwhelmingly” voted in favour of $26 billion merger between Shaw and Rogers Communications (Rogers).
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Macquarie Capital Principal Finance (Macquarie Capital) has acquired a majority stake in Wavenet Group Holdings Limited (Wavenet), for an undisclosed sum.
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Indosat Ooredoo reports net profits of IDR 172 billion ($11.9 million) for the first quarter of 2021.