Converge ICT Eyes Potential Spin-off of Fiber Business to Propel Growth
14 days ago
In a strategic move that may redefine its business landscape, Converge ICT Solutions Inc. is reportedly exploring the possibility of carving out its fiber internet business into a separate entity. This development comes at a time when the telecommunications sector is witnessing intensified competition and rapid technological advancements.
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Crown Castle Divests Fiber Business for $8.5 Billion in Strategic Shift
15 days ago
In a significant move within the telecommunications sector, Crown Castle International Corp. has announced the sale of its fiber business for a staggering $8.5 billion. This deal, which comprises two separate transactions, is a part of the company's strategic pivot towards expanding its core tower operations while streamlining its portfolio.
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