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TIM’s leadership has expressed dissatisfaction with the Italian government’s initial purchase proposal for its Sparkle subsea cable division, prompting CEO Pietro Labriola to seek improved terms. The decision follows a recent bid by the Ministry of Economy and Finance, which has been deemed inadequate by TIM’s board of directors. Amidst ongoing discussions about the board’s composition, the focus has swiftly shifted back to negotiations, underscoring the complex nature of the transaction involving Sparkle.

In a significant development for global scientific collaboration, Aqua Comms has entered into a landmark agreement with the Energy Sciences Network (ESnet), granting a 15-year lease for a portion of its subsea cable spectrum that spans from New York to Dublin and London. This arrangement, covering 25% of a fiber pair, represents ESnet’s inaugural venture into Trans-Atlantic spectrum acquisition, underscoring its commitment to bolstering the data transmission capabilities essential for cutting-edge scientific research.

Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center. It has won the award for Excellence in Connectivity, providing a state-of-the-art facility near Bilbao, in northern Spain, designed to harness the potential of the subsea cables connected to it.

Colt Technology Services is redefining its strategy by divesting eight European data centers to NorthC and a UK-based company, enhancing its focus on digital infrastructure and global network services. This shift aligns with evolving AI and cloud computing demands. Colt’s seamless transition ensures uninterrupted VOIP and connectivity services for its clients.