Keppel – one of the owners of the Bifrost Cable System – said on Thursday that the subsea cable linking the US to Southeast Asia is now ready for service and will now gear up to carry commercial traffic in the coming weeks.
Axiata Group is reportedly seeking financial advisers as it explores a potential sale of its majority stake in tower subsidiary edotco Group, in a deal that could be worth up to US$3 billion including debt.
Data Infrastructure Trust (DIT) sealed the acquisition of American Tower-owned ATC India for INR210 billion (US$2.5 billion), making it the largest towerco in the nation, surpassing rival Indus Towers.
The US Trade and Development Agency (USTDA) has agreed to fund a feasibility study for a plan to extend AFR-IX Telecom’s Medusa subsea cable along Africa’s western coastline.