Equinix faces DOJ summons over accounting controversy
According to Golding, there are entirely different scenarios. “Digital Realty has a different model, they sell capacity on triple net leases, if they have 30MW of power, they might sell…
CSquared CEO Lanre Kolade steps down, leaving legacy of digital infrastructure expansion in Africa
Lanre Kolade, the Group CEO of CSquared Link Holdings ("CSquared"), has announced his departure from the company, effective April 2024, to pursue new opportunities. Initially established as Google's Project Link,…
Actis goes towers with Swiftnet, sells off fiber company Octotel
Actis, a leading global investor in sustainable infrastructure, in partnership with Royal Bafokeng Holdings, will acquire Telkom’s Swiftnet, a leading telecom tower portfolio in South Africa. With an enterprise value…
DeepMind Scientist launches AI cloud platform following $80m funding
A former Research Scientist from Google's DeepMind deep learning team, Jared Quincy Davis, has launched Foundry Technologies, a cloud platform backed by $80 million in funding. Headquartered in Palo Alto,…
Tencent to expand cloud business in Saudi Arabia and UAE
Following recent cloud announcements by its competitors, Alibaba Cloud, Google and Amazon Web Services, Tencent has disclosed its intentions to expand its cloud business in Saudi Arabia and the United…
Schneider Electric partners Mainspring Energy on innovative hybrid generator
Schneider Electric and Mainspring Energy have unveiled a new hybrid-energy technology that merges Schneider Electric’s EcoStruxure Microgrid Solution and turn-key design-build services with Mainspring’s Linear Generator. This innovative solution empowers…
Subsea cable disruptions prompt ministerial action to safeguard digital infrastructure
In response to recent subsea cable disruptions off the West African coast, Nigeria's Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced a collaborative effort with the…
Singapore beefs up digital defenses with Infrastructure Act, to label digital infrastructure as critical infrastructure
Following a series of cyber outages, including a major incident at a data center in October 2023 that disrupted healthcare and banking services, Singapore is introducing a new Digital…
High-speed broadband standard is now 100 MBPS, says FCC
The Federal Communications Commission (FCC) has recently made a significant update to the definition of high-speed broadband in the United States, marking a pivotal moment in the nation's telecommunications landscape.…
Oracle to invest $10bn in data center expansion
During Oracle's third-quarter earnings call on March 12th, CEO Safra Catz announced plans for significant investment in data center construction and expansion. Oracle aims to spend approximately $10 billion in…
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