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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Oman’s data centre market will grow at a compound annual growth rate of 9.6% during 2022-2028.
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it is "unlikely" that the Competition and Markets Authority (CMA) approve a Virgin Media O2 (VMO2) takeover of CityFibre according to Jerry Dellis, equity analyst at Jefferies Equity Research.
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NSSLGlobal has signed a three-year contract with MOL LNG Transport to roll out its new cyber and IT managed services.
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Lumos is making a US$100 million investment in South Carolina’s Richland and Lexington Counties, to bring ultra-high-speed 100% fibre optic services across the greater Columbia area.
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Alibaba says it will invest US$1 billion in Turkey for a logistics hub at Istanbul’s airport and a data centre near the Turkish capital of Ankara.
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Bristol University is leading a new 6G R&D consortium that has been granted £12 million and involves the likes of Samsung, Ericsson and Nokia.
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BT’s procurement arm, BT Sourced has placed over £2.5 million of third-party spend on Globality’s intelligent sourcing platform.
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Orange will continue its heavy investment in Romania, following the completion of the spectrum auction organised by the country’s regulator ANCOM.
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Partners Group has acquired EdgeCore Digital Infrastructure and will invest up to US$1.2 billion to fund the acquisition and buildout of existing and future data centre sites.
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Vodafone has agreed to sell its Hungarian business in a deal worth US$1.8 billion, the company announced today.
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Liberty Global, Telefonica and InfraVia Capital Partners have formed a joint venture (JV) that will build a new fibre network in the UK via a £4.5 billion cash injection.
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Veon has completed a US$15 million investment as part of a Series A round of funding for Dastgyr, a Pakistani-based B2B e-commerce marketplace platform.