investment
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Microsoft is reportedly pulling the plug on additional data centre projects, with planned sites in Indonesia and Australia now joining a string of cancellations across the US, UK, and Europe, signalling a possible rethink of its AI strategy. -
The iliad Group has finalised its multi-billion dollar partnership with private equity firm InfraVia that looks to position its data centre subsidiary OpCore as a major European hyperscale platform.
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AirTrunk is securing a US$1.7 billion (SG$2.2 billion) green loan to fund an 80.2MW data centre in Singapore—yet no one in the industry seems to know where this new facility will be located.
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Raxio Group has secured $100 million in financing from the International Finance Corporation (IFC) to fuel its Sub-Saharan African regional data centre platform.
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Data centres are expanding at breakneck speed, and fibre networks are racing to keep up.
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T-Mobile has completed its acquisition of fiber-to-the-home (FTTH) provider Lumos, forming a joint venture set to bring full-fibre broadband to homes across the US.
Forthcoming events
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Wireless infrastructure company Ontix has appointed Patrick Bradd as its new CEO.
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Cordiant Digital Infrastructure Management, the investment manager to Cordiant Digital Infrastructure has appointed Andrew Ewe as a senior associate within its investment team.
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EQT Infrastructure V is to co-invest in EdgeConneX, alongside EQT Infrastructure, with each fund taking an equal ownership stake.
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Former Chindata exec Kris Kumar has teamed up with PAG Real Estate to launch a digital infraco that will act as an investor/operator.
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Satellite operators Telesat has secured C$1.44 billion in investment from the Canadian government, which it said represents a "major milestone" towards completing the financing of Telesat Lightspeed.
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Nautilus Data Technologies is raising $50 million to aid its data centre growth on land and water.
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US fibre-based carrier FirstDigital Telecom has received a US$200 million investment from Apollo Global Management.
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Millicom has pledged $250 million for the 2021-2022 period to support its modernisation and expansion plans across Panama.
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Quantum Loophole in the US has received a “significant investment” from Tom Natelli, CEO and principal owner of Natelli Communities, a privately held real estate investment and development firm.
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Altice takes BT stake; Colony Capital rebrands; QTS breaks records; and Ivo Ivanov talks Space-IX
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Marc Ganzi’s Colony Capital is making one of its biggest moves ever out of non-digital investments, so that it can focus on digital infrastructure.
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The biggest shareholder in mobile operator Veon is to spend £1 billion building a fibre network in two rural English counties.
