Verizon has entered a $3.3 billion leaseback agreement with Vertical Bridge, impacting over 6,300 towers across the U.S. This marks one of the largest tower transactions in a decade. Verizon retains tower ownership while Vertical Bridge manages operation, enhancing their existing portfolio and bolstering U.S. wireless infrastructure.
Google’s USD $1 billion investment is set to transform Thailand’s digital landscape. Focusing on cloud and data centers in Bangkok and Chonburi, this initiative will boost digital infrastructure, meet rising cloud service demands, and enhance AI innovations.
Air France has teamed up with Starlink, a subsidiary of SpaceX, to offer high-speed VoIP-enabled WiFi onboard its fleet by 2025. This new technology aims to provide passengers with seamless connectivity, allowing multiple devices to connect simultaneously.
NTT Group is exploring a billion-dollar Real Estate Investment Trust in Singapore, potentially featuring $3 billion in data center assets. This initiative could raise $1 billion, marking it as Singapore’s largest IPO since 2017.
The European Commission has conditionally approved UAE’s ecommerce giant e& to acquire control of PPF Telecom Group, excluding Czech operations. This decision under the Foreign Subsidies Regulation ensures fair competition within the EU market.
At the recent United Nations Summit of the Future 2024, ZTE showcased initiatives to bridge the digital divide in remote regions using advanced digital technologies. Highlights included a 5G base station at Kekexili for real-time monitoring of endangered species and various 5G projects supporting environmental conservation.
Deutsche Telekom has joined the German Federal Association for Fiber Optic Connections (BUGLAS), marking a significant step in fiber infrastructure promotion. This move aims to enhance nationwide fiber expansion through partnerships. However, it has sparked mixed reactions, with critics concerned it might hinder Germany’s overall fiber rollout and benefit Deutsche Telekom’s market dominance.
Nokia and Viettel Group have inked a new commercial deal to deploy 5G infrastructure across 22 provinces in Vietnam. This collaboration enhances Viettel’s digital transformation efforts and modernizes its 4G network with Nokia’s 5G AirScale portfolio, including Massive MIMO radios.
Spark New Zealand has chosen Nokia to expand its 4G and 5G networks, enhancing VoIP capabilities across various cities. Utilizing Nokia’s 5G AirScale suite, Spark aims to simplify operations and boost efficiency.
Indian operator Bharti Airtel has significantly expanded its 5G network to encompass 140,000 villages across India. This initiative highlights Airtel’s commitment to enhancing digital connectivity in rural areas. Already covering 800,000 villages with its 4G network, Airtel’s expansion accelerates their mission of providing high-speed internet across India, supported by both 4G and 5G technologies.
