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PCCW to raise $1.1bn in HKT sale
15 Feb 2017

PCCW has announced that it plans to dispose of an 11.1% stake in telecommunications company HKT Trust (HKT), raising HK$8.5 billion ($1.1bn).

Uganda Telecom, Airtel resolve interconnection dispute
06 Feb 2017

Uganda Telecom Limited (UTL) and Airtel have resolved an interconnection agreement over accumulated debts, which would have seen customers from either company unable to make calls to one another from 3 February.

FCC votes to expand New York broadband deployment
27 Jan 2017

The Federal Communications Commission (FCC) has taken its first action under new chairman Ajit Pai, by voting to provide up to $170 million to expand broadband deployment in under-served rural areas of New York State.

Saudi telecom spending to hit $36.8bn in 2017
26 Jan 2017

Abdulaziz Salem Al-Ruwais, governor of the Communications and Information Technology Commission (CITC) in Saudi Arabia, has reportedly said spending on the Kingdom’s telecom sector should grow to SR138 billion ($36.8bn) this year.

Avaya granted $425m loan from US court
23 Jan 2017

Avaya has successfully bid to tap into $425 million of a $725 million loan as it attempts to carry through a restructuring process following a bankruptcy filing.

DataBank acquires C7 Data Centers
19 Jan 2017

DataBank has signed a definitive agreement to acquire data centre service provider C7 Data Centers, immediately making it a leading provider in Salt Lake City.

China seeks outside investment in telecoms
16 Jan 2017

The Chinese government has challenged private firms to get involved in the country’s telecommunications industry to increase competitiveness and reduce costs and fees.

GI acquires KOMO Plaza for $276m
06 Jan 2017

Alternative asset manager GI Partners has acquired Seattle-based carrier hotel and data centre facility KOMO Plaza for $276 million.