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KKR has agreed to give Italy’s Finance Ministry a stake of around 20% in Telecom Italia’s (TIM) fixed-network unit, also giving it a say in strategic decisions as part of the investment firm’s bid for the operator.
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Huawei reported the first increase in sales for its H1 results, the first increase since 2020.
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Ericsson is being sued by 37 of its shareholders for a combined US$170 million over an investigation into its actions in Iraq, which reportedly depressed its share price according to Reuters.
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Incoming names are to be added to the Swiss banks TMT leadership
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Cloud specialist uses highly sought after AI Hardware to secure loan to continue rapid growth
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Mubadala Investment Company (Mubadala), the Abu Dhabi sovereign investor, has invested in Aligned Data Centers (Aligned), for an undisclosed sum.
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