RCom
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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 -
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.
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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.
Forthcoming events
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Global Carrier Awards 2022
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Capacity Europe 2022
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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.
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Two appeal judges in Mumbai have strongly criticised the lenders to Reliance Communications (RCom) for failing to release funds and for blocking the sale of assets.
Forthcoming events
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
