News and opinion on public works procurement
As broadband competition heats up, Ziply Fiber is adding several hundred thousand passings to an already ambitious fiber expansion plan, hoping to achieve a first-mover advantage in areas across its four-state territory. And it has the funds to do so and has announced that it has secured $450 million from its existing investors to carry […]
Cogent Communications, an Internet transport and service provider, revealed plans to acquire Sprint’s legacy wireline assets from T-Mobile, but this is no ordinary transaction. According to the terms of the agreement, it appears that the majority of the money changing hands in the transaction will go to Cogent. According to a statement with the Securities […]
Global payment processor Mastercard Inc (MA.N) will invest $100 million in Airtel Africa’s (AAF.L) mobile money operations, valuing the business at $2.65 billion, the London-listed company said on Thursday. Airtel Africa is targeting a public listing of Airtel Mobile Commerce BV (AMC BV) within the next four years. Earlier this month, private equity firm TPG’s […]
Bulgarian telecommunications company Neterra has broken ground on its second data center in the capital of Sofia. The four-story, 1,400 square meter (15,000 sq ft) facility, known as Sofia Data Center 2 (SDC-2), is located opposite Neterra’s SDC-1 facility and is being built to Tier III Uptime standards. Construction is due for completion later in […]