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Somalia’s NCA, IFC to revamp submarine cable landings

Developing Telecoms

The National Communications Authority of Somalia (NCA) partnered with the International Finance Corporation to prepare new regulations for submarine cable landings aimed at bolstering Somalia’s connectivity sector.

Cable 320
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Vodafone and AST SpaceMobile to open research hub in Málaga

Total Telecom

The centres creation is partially financed by a grant from the Spanish Space Agency and includes AST SpaceMobile and the University of Mlaga as its key initial partners. The Centre is expected to open for partners by summer this year.

Finance 236
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Ukraine’s newest telco to receive $435m investment from EBRD, IFC

Total Telecom

News The move is the largest direct foreign investment in Ukraine since the war began This week, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have confirmed they will jointly invest $435 million into Ukraine’s newest converged telco.

Finance 278
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TIM receives €700m bid for Sparkle 

Total Telecom

If accepted, the deal could significantly reduce TIM’s debt burden and provide the company with the financial flexibility to invest in its core operations and future growth.

Finance 242
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Bell expands into US market with $7 billion Ziply Fiber acquisition 

Total Telecom

News The deal extends Bell’s fibre reach across North America, targeting millions of new connections Bell Canada Enterprises, Canada’s largest telecom company, is making its first move into the US fibre market.

Marketing 246
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Comcast Business Expands Enterprise Reach with Nitel Acquisition

VoIP Review

This move illustrates Comcast’s evolution beyond its traditional cable services, pushing it further into the enterprise network and managed services sector. Consequently, these telecom titans might need to expedite their own service offerings in managed services, cloud networking, and cybersecurity to maintain their market positions.

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Digital Edge bags $1.6bn in data centre expansion funding 

Total Telecom

The capital, which includes both equity and debt financing, will fuel the company’s next phase of growth as it works to meet the increasing demand for cloud and AI services across the region.

Finance 242