Cerberus invests in Datawave’s SING subsea cable project

The Saudi Arabian Public Investment Fund (PIF) has established the Neo Space Group (NSG), a wholly owned PIF company whose mission will be to become a national champion in the Saudi satellite and space sector.

Turkcell, the largest mobile operator in Turkey, has said it aims to ramp up investment this year as it plans for a new data centre and infrastructure for 5G services.

Operator MTN Uganda says it has secured UGX370 billion (about US$100 million) in committed debt financing from five local banks.