Spanish telecom company Telefonica has finally confirmed that it has agreed to sell its Peruvian unit, Telefonica del Peru, which recently filed for bankruptcy protection. It will be sold to Argentina’s Integra Tec International for about EU…
The announcement late last week that a UAE-based investor Rowad Capital Commercial (RCC) is to acquire a 60% stake in Uganda’s national telecom company, Uganda Telecommunications Corporation (UTel), begs a number of questions that are yet to be answere…
Finnish development financier and impact investor Finnfund says it has closed a US$5million equity investment with Netwey, a Mexican internet service provider (ISP), to expand its fibre optic network and improve internet accessibility.
There’s good news – potentially – for African data centre development with the announcement from Raxio Group, a sub-Saharan African data centre platform, that it has signed an agreement for US$100 million in financing from the International Finance Cor…
There’s good news – potentially – for African data centre development with the announcement from Raxio Group, a sub-Saharan African data centre platform, that it has signed an agreement for US$100 million in financing from the International Finance Cor…
Moroccan operators Maroc Telecom and Inwi have announced the signing of what is described as an expanded partnership agreement aimed at accelerating the deployment of fibre optic and 5G technologies across Morocco.
In February, Poland announced massive investments in its rail infrastructure. It will spend a total of 180 billion Polish zloty (43,1 billion euros) between 2025…
Underlining the continuing effect of the AI boom on Asia, Thailand has reportedly approved an estimated US$2.7 billion of investments in data centres and cloud services from both local and foreign firms.
Global digital operator Veon and Cohen Circle Acquisition Corp, a special purpose acquisition company, have announced the signing of a business combination agreement that will result in the listing of Ukraine operator Kyivstar on the Nasdaq Stock Marke…
Tech giant Microsoft has announced two major investments – in South Africa and India – though with two very different focuses. One involves cloud expansion. The other involves afforestation.