Investment and Finance

FCC calls for increased funding to remove Chinese equipment

The Federal Communications Commission (FCC) says nearly 40% of US telecoms firms getting federal support need more government funding to remove equipment made by Chinese companies Huawei and ZTE.

Blackstone buys former Britishvolt site to build UK data centre

American investment firm Blackstone will buy an industrial site previously earmarked for British battery manufacturer Britishvolt.

SES to acquire Intelsat

Global satellite operator SES has agreed to acquire Intelsat for $3.1 billion (€2.8 billion euros),