RCom
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Global Cloud Xchange, the carrier about to be acquired by a private equity investor, says it has ended fiscal year 2022 with strong cash flow and steady linear growth. -
It’s nearly two years since Global Cloud Xchange was separated from its Indian owner, and a year since Carl Grivner took over as the new CEO. Alan Burkitt-Gray asks him how it’s going
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Indian banks are in discussions about converting Vodafone Idea’s debts into equity, effectively taking over one of the country’s three main mobile operators.
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Subsea carrier Global Cloud Xchange (GCX) has officially abandoned its plan to build a 20Tbps cable from Europe to India to Singapore.
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A year after he left GCX, Bill Barney is back in business, with a new company he hopes will shake up the data centre and subsea cable business. Alan Burkitt-Gray gets a preview of his plans
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Bill Barney, former CEO of Global Cloud Xchange (GCX), has joined the board of Indian hyperscale data centre operator CtrlS, the company announced today.
Forthcoming events
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India’s Supreme Court has said it will not step back from its demand that two major telcos must pay their back taxes of US$13 billion.
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India’s Supreme Court is in a battle with the government over a $13 billion decision that may see the demise of mobile operator Vodafone Idea.
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Bill Barney left Global Cloud Xchange (GCX) this morning following the company’s emergence from bankruptcy and Rory Cole, the company’s CFO, is now interim CEO.
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The creditors of Reliance Communications (RCom) are likely to take another seven weeks to sell the company’s assets.
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Global Cloud Xchange (GCX) confirms that the United States Bankruptcy Court for the District of Delaware has approved the company’s plan of reorganisation.
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Reliance Jio Infocomm and Bharti Airtel are both reported to have submitted bids for Reliance Communications (RCom) assets.
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Bill Barney has stepped down from his job as CEO of troubled Indian operator Reliance Communications (RCom), so that he has focus on his other task, as head of RCom subsidiary Global Cloud Xchange (GCX).
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Global Cloud Xchange’s bondholders have given the company a further breathing space as it looks for a buyer.
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Indian operator Reliance Jio is to introduce Azure in its data centres, gigabit fibre for customers and a pan-India blockchain network.
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Global Cloud Xchange has received quotes from three vendors for its Eagle cable but won’t let the contract until its future is settled.
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Subsea cable operate Global Cloud Xchange says that 87% of its bondholders are prepared to wait another two weeks for the $350 million that is due to be paid tomorrow.
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The future of Reliance Communications (RCom) is unclear after the troubled group paid off its debt to Ericsson but called off its sale of assets to Reliance Jio.
Forthcoming events
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