Latest News

Chicago-based private equity firm GTCR and its partner Rural Broadband Investments (RBI) have entered into a definitive agreement to acquire US cable provider NewWave Communications from Pamlico Capital.

NTT Communications has expanded its presence in the Nordics by opening a PoP in Stockholm, Sweden.

Russian carrier VimpelCom has signed a 5-year managed services contract with Ericsson covering its operations in the Siberia and Urals regions.

Internet giant Google has launched a countersuit against UK carrier BT and reseller Ipanema Technologies relating to four conferencing and quality of service patents.

AT&T has announced the launch of a CDN platform for US business customers in partnership with Akamai.

TeliaSonera has nominated a new board with six of the company’s eight members to be replaced in the wake of a damaging review into the carrier’s Uzbek operations.

Global Caribbean Fiber is to upgrade its Antilles Crossing submarine network, linking St Croix, St Lucia and Barbados with 40Gbps coherent technology.

Middle East Telecommunications Company (METCO) has partnered with Aviat Networks to upgrade Zain Kuwait’s microwave backhaul network.

Swisscom has chosen Chinese vendor Huawei to support its FTTS expansion.

Vodafone is reportedly considering a bid for Germany’s largest cable operator, Kabel Deutschland.

Latin America’s largest telecoms company América Móvil fell well short of analyst expectations in its fourth quarter results on Tuesday.

The Tanzanian government has reportedly begun the process of taking 100% ownership of Tanzania Telecommunications Company (TTCL) with the aim of turning the business around and running it more profitably.

Huawei Marine has told Capacity it remains in talks with Hibernia Networks regarding its contracted construction of the Hibernian Express transatlantic cable.

Chorus New Zealand said in a statement today that Alcatel-Lucent and Comptel are to provide the company with a new solution for their high-speed broadband network.

US wireless service provider Clearwire said yesterday that it would require financing from its largest shareholder Sprint to keep afloat until the end of the year.