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.
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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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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.
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The telecoms industry will take until 2023 before its revenue exceeds that for 2019, according to new research.
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Telstra has unveiled a global financial trading solution to provide low latency connectivity directly to eight of the world’s most valuable futures and commodities marketplaces.
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Deutsche Telekom has posted revenue growth of 31.9% in the third quarter, prompting the telco to raise its guidance for the year.
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Orange Group has noted a return to revenue growth in its Q3 financial results, despite witnessing declines in roaming revenue and equipment sales.
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Avelacom has launched a new Chicago to Tokyo back-up route, linking two major financial centres and allowing for “robust trading systems among banks, exchanges and trading firms”.
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This episode features editor-in-chief Joao Marques Lima, editor-at-large Alan Burkitt-Gray, deputy editor Melanie Mingas and senior reporters Abigail Opiah and Natalie Bannerman.
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Telecommunication operators could see up to a 10% “annual negative revenue impact” as a result of the Covid-19 recession, with some services requiring 18 to 24 months to return to pre-Covid levels.
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Profit warnings, revenue declines and a wave of acquisitions do not make an ideal trading environment for all.
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This episode features editor-in-chief Joao Marques Lima, deputy editor Melanie Mingas and senior reporters Abigail Opiah and Natalie Bannerman.
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In an increasingly crowded marketplace, a global recession will bring a series of challenges for CSPs to address. Mo Firouzabadian, SVP for developed markets at Evolving Systems explains
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On the last day of the current reporting season, the final cohort of European telcos have released their H1 and Q2 financial results, confirming the real-world impact of Covid-19 on operations and profitability.
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Digital Colony has announced a strategic recapitalisation of Beanfield Metroconnect that will see the digital infrastructure investment platform of Colony Capital Inc (NYSE: CLNY) invest US$181 million in Beanfield to capitalise on “a variety of new segment and revenue opportunities”.
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The data centre company recently announced its financial results for the first quarter ended March 31, 2020.
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Reliance Industries Limited has launched India’s biggest rights issue to date to reduce the US$44.4 billion it holds in outstanding debt.
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The global smartphone market has seen its largest ever annual decline in worldwide shipments as sentiment across the private sector nosedives in the face of a global recession triggered by Covid-19.
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WhatsApp Business is on track to become the go-to messaging channel for customer care, with enterprise use of WhatsApp Business APIs forecast to increase 5,400% to 2024.
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Tech giant Apple Inc (NASDAQ: AAPL) has acquired its fourth start-up of the year, signalling that it could be about to return to the frenetic pace set in 2019, despite an impending global recession caused by Covid-19.
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Three leading analysts examine resilience and risk
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Crosslake Fibre has completed the first new fibre-optic cable constructed between Toronto and New York in almost two decades.
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Africa-focused telecom tower infrastructure company Helios Towers has closed its initial public offering (IPO) on $1.45 billion.
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Beeks Financial Cloud Group, a low-latency infrastructure-as-a-service (IaaS) provider for financial markets, is partnering with global managed hybrid IT solutions provider, NYI, to launch a new location in New York.
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The Moscow Exchange (MOEX) has partnered with Avelacom and deployed new points of presence (PoPs) in Hong Kong, Singapore, Shanghai, Dubai and Mumbai data centres.
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The telecoms industry is set to grow at less than 1% a year in revenues for the next three years.
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Avelacom has announced its third point of presence in Tokyo, offering lower latency connectivity options into the Japanese capital.