stock exchange
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IBM has completed the spin-off of Kyndryl with the business trading on the New York Stock Exchange, from today. -
Globe Telecom has confirmed it is pivoting its primary business to become a "digital solutions group", as its market valuation set a new record.
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An investment group is planning to raise £400 million on the London Stock Exchange to invest in digital infrastructure, including subsea operator Aqua Comms.
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BlackRock has filed documents that confirm it is selling part of its stake in China Telecom for US$200 million.
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The biggest stock exchange in the US is to delist shares of three Chinese telcos in the latest move in the deepening financial battle between the US and China.
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Elliot Management, the US-activist investor that took a US$3.2 billion stake in AT&T, has liquidated its investment in the company.
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players.
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GDS Holdings Limited (NASDAQ: GDS) raised US$1.67 billion in its second Hong Kong listing, after pricing shares at $86.04 each.
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Telia Company has confirmed it is in advanced talks with the Turkish Wealth Fund (TWF) about a “potential divestment of its indirect stake” in Turkcell, valued at US$530 million.
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Colt Technology Services has successfully managed to reduce latency between Tokyo and Hong Kong stock exchanges creating the fastest connectivity between the two regions.
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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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BSO has struck an agreement with the Tel-Aviv Stock Exchange (TASE) to offer direct connectivity to international traders looking to access the growing Israeli market.
