Macquarie Explores Potential Sale of Altafiber Exceeding $5 Billion
Macquarie Group is assessing the opportunity to divest its telecommunications subsidiary Altafiber, with potential sales figures anticipated to surpass $5 billion. This consideration emerges amid a competitive environment in the communications sector, where growing demand for fiber-optic infrastructure presents lucrative prospects for investors.
Continue readingAustralia's Largest IPO in Six Years: DGT Digico REIT Set to Launch
In a remarkable turn of events for Australia’s financial landscape, the DGT Digico Real Estate Investment Trust (REIT) is poised to debut in what is being heralded as the largest initial public offering (IPO) in the country since 2018. This significant milestone reflects not only investor confidence but also the evolving dynamics within the real estate investment sector.
Continue readingMajor Internet Provider in Somalia Plans to Develop Eco-Friendly Data Centers for AI
In an enlightening move set to enhance the technological landscape of Somalia, one of the nation's leading internet service providers is shifting its focus toward creating sustainable data centers tailored for artificial intelligence (AI) applications. This initiative aims to promote a greener approach to technology while addressing the growing demand for digital infrastructure in the region.
Continue readingSwedish Navy Completes Comprehensive Study of Troubled Seabed Near Damaged Data Cable
In a significant development concerning underwater infrastructure security, the Swedish Navy has successfully concluded a thorough investigation of the seabed surrounding a recently disrupted data cable. This operation follows the notable incident that caused widespread concern regarding the integrity and resilience of vital global communication networks.
Continue readingCharter Communications Announces All-Stock Acquisition of Liberty Broadband
In a significant development within the telecommunications industry, Charter Communications has declared its intention to acquire Liberty Broadband in an all-stock transaction valued at approximately $21 billion. This strategic move aims to strengthen Charter's position in the rapidly evolving digital landscape, leveraging Liberty's assets to enhance service offerings across the board.
Continue readingBrazil Reaches Out to Chinese Rival of Starlink After Tensions with Musk's SpaceX
In a surprising shift in focus, Brazil has engaged in discussions with a Chinese telecommunications company that specializes in satellite internet, aimed at providing an alternative to SpaceX's Starlink service. This move comes on the heels of escalating tensions between Brazilian officials and Elon Musk, who has faced criticism for his handling of the Starlink network in the region.
Continue readingEquinix Nears Joint Venture Deal with CPP Investments and GIC
Equinix Inc. would appear to be on the cusp of creating a multi-hundred-million-dollar joint venture with two of the world's biggest investment groups, namely CPP Investments and GIC. This partnership will be utilized to add more data centers to Equinix, drawing on its partners' financial heft to invest even more heavily in global digital infrastructure.
Continue readingAngola in Discussions with Starlink to Introduce Satellite Internet Service
Active discussions are underway between Angola and Starlink, SpaceX's satellite internet service provider, to bring its services to the Southwestern African nation. Starlink, under the leadership of billionaire Elon Musk, currently has its praise sung due to its capabilities in offering high-speed internet in areas that were earlier considered unreachable using an increased network of low-earth orbit satellites.
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