investment
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Technology waits for no one. The data centre crunch has long been predicted by analysts, but few expected it to happen so soon.
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Recent market statistics make sobering reading for telcos. Revenue share from voice has plummeted 80% in 10 years and data revenues have all but stagnated.
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A joint venture between investment firm Harrison Street and AREP’s PowerHouse Data Centers has sold ABX-1, a 265,580-square-foot data centre in Ashburn, Virginia.
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Low latency network solutions provider Avelacom is set to expand its network infrastructure with new Points of Presence to enhance interconnectivity between the US and Mexican financial markets
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Ofcom has launched a consultation to potentially lower annual licence fees (ALFs) for certain spectrum bands which could save operators millions of pounds.
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Indonesian mobile operators XL Axiata and Smartfren are set to merge as part of a deal worth 104 trillion Indonesian Rupiah (US$6.5 billion).
Forthcoming events
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Capacity’s Ben Wodecki explores whether the AI startup spending surge can be sustained
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In the latest twist in Elon Musk’s existential legal battle with OpenAI, lawyers for the Tesla billionaire have filed an injunction aimed at preventing OpenAI and backer Microsoft from engaging in “anticompetitive conduct.”
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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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The UK government has unveiled plans to offer up to £3 million in funding to hybrid connectivity projects that would improve internet connectivity to rural islands.
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Qualcomm has reportedly cooled its interest in embattled semiconductor giant Intel after rumours swirled around a possible takeover.
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Colt Data Centre Services (Colt DCS) has formed a joint venture with investment firm RMZ to invest $1.7 billion in the Indian data centre market.
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Cordiant Digital Infrastructure Limited (CORD) has agreed to acquire and merge Belgian data centre provider DCU Invest NV (Datacenter United) and the data centre division of Proximus Group.
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The landmark investment was led by DigitalBridge and Silver Lake
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Jon Hunt, UKTIN, project board member and executive director of research, enterprise and innovation at the University of Bristol believes the investment might spark innovation.
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The UAE and Kazakhstan have signed a strategic agreement to create a framework for investment cooperation in data centres and AI projects in the Central Asian country.
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ICG Real Estate has announced that its Strategic Real Estate team has purchased a portfolio of freehold digital infrastructure assets in Central London, which are let to Vodafone UK.
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A leading provider of telecommunication services in the middle east announced record profits in Q1 of 2023.