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.
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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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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.
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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.