Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.
Nvidia and HPE have announced a significant partnership aimed at accelerating the adoption of generative AI among businesses. This new collaboration builds on a decades-long relationship between the two tech giants, promising to streamline AI solutions and integrations for enterprises.
Norwegian telecom giant Telenor has deepened its collaboration with Amazon Web Services (AWS), signaling a shift away from efforts to promote domestic cloud solutions. This move includes the implementation of AWS’s sovereign-by-design solutions in Telenor’s Skygard data centers.
Nokia has deepened its collaboration with Google Cloud to streamline the creation of 5G applications. Leveraging Google Cloud’s advanced AI tools, such as Vertex AI and Gemini 1.5 Pro, Nokia aims to enhance its Network as Code platform.
Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
Telefónica Tech and IBM have partnered to leverage the growing interest in AI among businesses. Initially focused on Spain, this collaboration aims to address various digital transformation challenges that companies face, particularly in integrating and maximizing data analytics and AI, including generative AI (GenAI).
Microsoft plans to invest €6.7 billion ($7.16 billion) in developing data centers in Aragon, Northeastern Spain. The tech giant has filed for a construction permit to establish its facilities near Zaragoza, according to the local Spanish newspaper El Heraldo.
Infinera has achieved a significant milestone in advancing 5G mobile broadband technology through successful multi-vendor interoperability testing of its XR optics. The testing, conducted in collaboration with DZS and Calnex at the European Open Test & Integration Center in Torino by TIM, marks a pivotal step towards simplifying and cost-reducing 5G network deployments.
UK-based telecom giant Vodafone is poised to divest its 21.5% stake in Indus Towers, according to undisclosed sources cited by Reuters. The company plans to execute the sale through block deals, involving transactions of at least 500,000 shares valued at a minimum of INR100 million ($1.2 million) per trading window.
NEC has introduced a groundbreaking radio-over-fibre system featuring 1-bit fibre transmission, designed to create affordable, compact distributed antenna units (DAUs). This innovative technology transmits high-frequency analogue signals using a cost-effective electrical-to-optical converter, commonly used in digital communications.
