In a landmark deal, Blackstone Inc. has announced an agreement to acquire AirTrunk, the leading data center platform in the Asia-Pacific region, for an implied enterprise value of over A$24 billion (approximately $16 billion). The acquisition represents Blackstone’s largest investment in the Asia-Pacific region and is a significant move to bolster its global digital infrastructure […]
Google is deepening its commitment to Latin America with a substantial investment of over $850 million USD in a new data center in Canelones, Uruguay. This facility is set to bolster the region’s digital infrastructure, enhance connectivity, and support the rising demand for digital services, particularly artificial intelligence (AI). The move marks a significant step […]
T-Mobile (NASDAQ: TMUS), recognised as America’s leading 5G provider and fastest-growing fixed wireless broadband operator, has announced a landmark joint venture (JV) with global investment firm KKR (NYSE: KKR). This definitive agreement will see the acquisition of Metronet, including its extensive broadband infrastructure, rapidly expanding residential fiber operations, and existing customer base. As part of […]
Australia’s leading financial comparison platform, Finder, has announced a strategic move to Google Cloud to overhaul its digital infrastructure and enhance its artificial intelligence (AI) capabilities for consumers. This significant shift is part of Finder’s ambitious plan to integrate generative AI across its online platforms, aiming to improve financial decision-making for users globally. In January, […]
H.I.G. Capital, a leading global alternative investment firm with $60 billion in capital management, has recently confirmed its agreement to sell ICG Group to SPIE Group. This transaction marks a significant milestone in the European digital infrastructure sector, showcasing the growing importance of integrated services in energy and communications. With ICG’s management set to continue […]
Grain Management, LLC, a prominent solutions provider to the broadband and communications industry, has officially completed its acquisition of QSH Parent Holdco LLC, commonly known as Quintillion. This strategic acquisition integrates Quintillion, a leading fiber-based connectivity provider in Alaska and the North American Arctic, into Grain Management’s extensive network of mission-critical broadband infrastructure and communications […]
Digital 9 Infrastructure plc (DGI9), a prominent investment trust listed on the London Stock Exchange and part of the FTSE All-Share index, has recently concluded a strategic review, leading to a significant decision to undergo a managed wind-down in a move to enhance shareholder value. This announcement, made on 27 November 2023, marks a pivotal […]
KKR, a renowned global investment firm, along with the parent company of OMS Group, a key player in telecom infrastructure and subsea cable services, today revealed the signing of definitive agreements. Through these agreements, KKR will provide a substantial $400 million investment to OMS Group, marking a significant step in KKR’s investment strategy in Southeast […]
Announcing its most ambitious venture in Australia over four decades, Microsoft is channeling A$5 billion towards its digital, AI, and cloud computing infrastructure in the country. This two-year initiative will augment Microsoft’s current 20 local datacentres to a total of 29 across Canberra, Melbourne, and Sydney. Expansion Details: Answering Australia’s Skyrocketing Demand With this investment, […]