Investment and Finance Resource Hub

Mark Zuckerberg is vowing to increase spending on AI, in a bid to make Meta the “leading AI company in the world”, causing its shares to fall by around 12%.

T-Mobile has entered into a joint venture with infrastructure investor EQT to acquire Lumos from a fund already managed by EQT.

Future investments into Ukrainian telecoms infrastructure are expected to be both “heavy” and “indispensable” for the country, given the essential nature of Kyivstar’s services, a spokesperson for the company told Capacity.

Following the tie up of Indosat Ooredoo and CK Hutchinson in 2022, Bloomberg are reporting that a merger between SmartFren and XL Axiata is edging closer to being ironed out.

Vantage Data Centers has entered the Irish market with the development of a multi-phase data centre campus (DUB1).

Saudi Arabia’s Public Investment Fund (PIF) has agreed to acquire a 51% stake in Saudi Telecom Company (stc’s) carve out towerco TAWAL.

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