financial markets
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Analysis from GlobalData claims that initial public offerings (IPOs) in the telecoms, media and technology (TMT) space increased 72% last year when compared to 2020. -
BSO has partnered with EllaLink to commercialise ultra-low latency connectivity for financial trading firms.
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Helios Towers saw revenue growth of 4% over the first half of the year, as the number of sites owned increased by 21%.
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India's Vodafone Idea reported a revenue decline of 11.8% quarter on quarter in its Q4 financial results this week.
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Helios Towers says it has raised US$160 million in equity and bonds in order to invest in more tower infrastructure in Africa and elsewhere.
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Major companies are reporting their Q1 results.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players.
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ESG funds – equities and bonds that focus on environmental, social and governance factors – should be leveraged to provide a solution for South Africa's digital divide.
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Dan Caruso’s new venture, ColdQuanta, has appointed Rushton McGarr from one of its shareholders as CFO.
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Interest rates, acquisitions and auction costs were the leading topics to be tackled during the CEO Panel Discussion at Metro Connect USA 2021.
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Mexican telco America Movil expects to spend US$8 billion in capex this year, in part to fund the purchase of 5G spectrum in Mexico.
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Amdocs recorded its "best-ever performance in North America and Europe" in the three months to December, with profitability up on last year.
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Ericsson has posted an operating margin on 12.5% in its latest financial results, confirming the attainment of its 2022 profitability target two years ahead of schedule.
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At 1.5 million AT&T has recorded its best full year of post-paid phone net adds in a decade and its "second lowest post-paid phone churn ever".
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Cordiant Digital Infrastructure is targeting a raise of £300 million as it lists on the specialist fund segment of the main market of the London Stock Exchange.
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Ethiopia's state-run telco Ethio Telecom saw a 12% increase in revenues in the six months to the end of December 2020.
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IBM and Intel have published their fourth quarter and FY 2020 earnings, which show that although digitalisation is driving growth, hackers still stole the show.
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It's been a challenging week for China's TMT players, but it looks like things will get worse before they get better.
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Rounding off a tumultuous year TMT deals didn’t stop over the holiday season.
