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  • According to reports, LightSquared will need to raise $3.5 billion over the next two years in order to keep a favourable balance sheet ahead of its ambitious plan to roll out a 4G-LTE network across the US.
  • The world’s newest country, South Sudan, has already started on plans to develop its own ICT sector after being granted speedy admission to the International Telecommunication Union (ITU).
  • Openreach, the infrastructure deployment division of UK incumbent BT, has said it is launching a Fibre to the Premises (FTTP) service to help bring the country nearer to the broadband speeds enjoyed in other parts of Europe.
  • The government of Liberia has entered the country into the West Africa Regional Communications Infrastructure Program (WARCIP) as it prepares for the landing of the soon-to-be-launched Africa to Europe (ACE) subsea cable.
  • UAE-based carrier Etisalat has launched Smart Hub, which it said will provide a ‘content ecosystem’ for the benefit of the company’s regional base of network operator and content developer customers.
  • Level 3 communications has today completed the acquisition of Global Crossing, almost six months after first announcing the deal.
  • Russian carrier Rostelecom is boosting capacity on its North South Transit network to 100G, with the help of Alcatel-Lucent.
  • UK incumbent telco BT has said it plans to double its business in key Latin American countries over the next three years, echoing a push it made for business in the Asia-Pacific region earlier in the year.
  • Spread Networks, a company which specialises in providing low latency routes in the US metro market, has been selected by Sidera Networks to provide the company with its new 250Gbps service between Chicago and New York.
  • Neelie Kroes, the EU telecoms commissioner, has outlined her commitment to ensuring larger telecoms operators in Europe make the necessary investments in replacing old copper infrastructure.