Today's News

Today's News

The Italian state will retain a 70% stake in subsea firm Sparkle after Telecom Italia signed off on the €700 million (USD$733 million) acquisition bid from Italy’s Ministry of Economy and Finance and Asterion subsidiary Retelit.
Space Norway is set to launch a new high-speed connection from the Norwegian mainland to Jan Mayen and Svalbard in what would be one of the world's northernmost subsea cable systems.
Shenandoah Telecommunications Company (Shentel) has connected 5,000 additional homes to high-speed internet in Virginia's Shenandoah County, with plans to reach 2,000 more properties by year-end.
VFN Holdings (Vero) has expanded its credit facility to $240 million, with the potential to increase to $310 million.
Nigeria's largest labour union has called for a boycott of telecom operators in response to a controversial 50% price hike in telecommunications services.
Highline has expanded its fibre internet network across Michigan's Upper Peninsula.
Telefónica has enlisted investment bank JPMorgan to assist in the sale of its Mexican business.
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A perfect storm is already exhausting grid capacity in regions across the globe, and the exponential growth of data centres looks set to further compound constraints.
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