Jio confirms filing for IPO
INDIA 07:49

Jio confirms filing for IPO

Jio Platforms has filed its Draft Red Herring Prospectus (DRHP) for the sale of up to 270 million new equity shares, targeting what is anticipated to be India's largest-ever public offering. The shares have a face value of INR 10 each. The final issue price will be determined through a standard book-building process, the company said. The timing of the IPO depends on approval from the Securities and Exchange Board of India, and the stock markets BSE and National Stock Exchange.  

Brazilian govt earmarks BRL 39 million to connect Juazeiro
BRAZIL 07:25

Brazilian govt earmarks BRL 39 million to connect Juazeiro

The Brazilian government has launched a digital inclusion package for the city of Juazeiro (Bahia) to bridge the digital divide in rural areas. The lion's share, or BRL 39.1 million, is dedicated to deploying 23 mobile towers across 24 rural communities, ensuring access to mobile internet and phone signals. Statewide, Bahia has seen BRL 74.8 million spent on rural telephony, with another BRL 62.9 million scheduled by year-end, the communications ministry announced.

General Atlantic invests in Westcon-Comstor
GLOBAL 07:17

General Atlantic invests in Westcon-Comstor

Westcon-Comstor has secured a strategic investment and long-term financing agreement from global investor General Atlantic. Under the agreement, General Atlantic will become a minority equity investor, fueling Westcon-Comstor's ongoing expansion in the distribution of cybersecurity, networking, and hybrid cloud products. Parent company Datatec will retain majority ownership, ensuring continuity of leadership and corporate strategy.

NTT Docomo Ventures invests in space logistics startup ElevationSpace
JAPAN 06:59

NTT Docomo Ventures invests in space logistics startup ElevationSpace

NTT Docomo Ventures (NDV) has invested in ElevationSpace, a company developing services for transporting materials from space to Earth and supporting the use of space-based research and manufacturing environments. The investment was made through a fund managed by NTT Docomo Ventures, although financial terms were not disclosed. ElevationSpace is developing re-entry and recovery technologies for small spacecraft designed to return cargo from orbit. The company is also working on free-flyer satellites capable

True to invest THB 6 billion in 7th data centre build in Northern Bangkok
THAILAND 05:02

True to invest THB 6 billion in 7th data centre build in Northern Bangkok

True Internet Data Center (True IDC), a data centre and cloud services provider in Thailand and part of the Charoen Pokphand Group, has announced plans to invest THB 6 billion in the deployment of its 7th data centre in Northern Bangkok. True IDC also held a groundbreaking ceremony for this new facility. The new data centre is scheduled for launch in the third quarter of 2027.

SpaceX's investments in Romania top EUR 100 million
ROMANIA 19 JUN

SpaceX's investments in Romania top EUR 100 million

SpaceX has invested nearly EUR 100 million in Romania, turning it into a relevant regional center for the company in Europe, Agerpres reports, citing Pavel Popescu, VP of the country's telecoms regulator Ancom. The statement was made at the Digital Romania Forum.

Accenture bulks up cybersecurity division with multiple acquisitions
UNITED STATES 19 JUN

Accenture bulks up cybersecurity division with multiple acquisitions

Accenture is acquiring a majority stake in one business and buying two more companies outright in a bid to shore up its USD 10 billion cybersecurity business. The US firm is buying the entire share capital in runZero, which specialises in cyber risk management, and NetRise, a provider of cybersecurity tools for analysing and safeguarding software components. Both NetRise and runZero are based in Austin, Texas.

Iliad lands EUR 10 bln financing, earns Moody's upgrade
FRANCE 19 JUN

Iliad lands EUR 10 bln financing, earns Moody's upgrade

France's Iliad has secured a total of EUR 10 billion in financing within the space of a few days, resulting in an upgrade from rating agency Moody's. The amount raised includes EUR 6.5 billion to support its proposed acquisition of SFR combined with the refinancing of EUR 3.5 billion in existing bank facilities backed by 31 international lenders. Iliad said the refinancing serves to strengthen its capital structure, boost liquidity and extend the maturity of key debt instruments.

London Mayor announces new GBP 12 mln AI support package for SMEs
UNITED KINGDOM 19 JUN

London Mayor announces new GBP 12 mln AI support package for SMEs

London Mayor Sadiq Khan has announced  anew GBP 12 million support package at London Tech Week to help small businesses across the city adopt AI technology and boost productivity and growth. The scheme will invest GBP 4 million a year over the next three years to help small business adopt AI. The launch comes as research shows that less than 1 in 6 SMEs currently use AI tools.

O2 Czechia, Cetin complete subsidised mobile network expansion projects
CZECH REPUBLIC 19 JUN

O2 Czechia, Cetin complete subsidised mobile network expansion projects

O2 Czech Republic and Cetin are completing certain projects supported by the National Recovery Plan. The coverage of the mobile network will become available in 32 sites thanks to the EU subsidies. Under the projects, initiated by the Ministry of Industry and Trade and focused on the development of mobile infrastructure for 5G networks in rural areas, Cetin is completing the construction of 20 senders to cover 32 sites across the country. The work will be completed by the end of June, and the sites will als

Econet Wireless Zimbabwe reports 2% annual growth in mobile subscriptions
ZIMBABWE 19 JUN

Econet Wireless Zimbabwe reports 2% annual growth in mobile subscriptions

Econet Wireless Zimbabwe recorded a 2.11 percent increase in active mobile subscriptions to 16.78 million for the fiscal year ended February 2026, up from 16.43 million in its third quarter. According to the company's financial statement, the country's mobile penetration rate rose by 2.21 percentage points to 107.04 percent. Additionally, the latest POTRAZ sector report confirms that Econet has a 73.75 percent share of Zimbabwe's mobile subscriber market.

CPP to invest INR 70 billion in CtrlS, create data centre JV in India
INDIA 19 JUN

CPP to invest INR 70 billion in CtrlS, create data centre JV in India

CtrlS Datacenters has announced it has secured an investment from Canada Pension Plan Investment Board (CPP Investments). CPP Investments will invest up to INR 70 billion (CAD 1 billion) to fund CtrlS' upcoming growth in India's digital infrastructure sector. As part of the partnership, CPP Investments will invest INR 40 billion (CAD 588 million) to acquire an 8.2 percent stake in CtrlS.

TURKEY 19 JUN

Turkcell increases investment in Belarusian subsidiary BeST

Turkcell reports it has increased its investment in its subsidiary BeST (Belarusian Telecommunications Network) by BYN 10.9 million. This raises Turkcell's total funding in BeST from BYN 1.36 billion to BYN 1.37 billion. Turkcell also says it has fully paid for its share of this increase to maintain its ownership stake.

NETHERLANDS 19 JUN

Dutch Consumer Television Market 2026-Q1

This report analyses developments in the Dutch market for consumer television connections and revenues in the first quarter of 2026, and compares the findings with results from previous quarters. It includes a five year forecast for consumer television subscriptions and revenues, divided by technology.

AUSTRALIA 19 JUN

Sharon AI secures USD 1.6 bln to grow AI infrastructure in Asia-Pacific

Australian AI cloud infrastructure provider Sharon AI has announced a USD 1.6 billion private placement financing to support the expansion of its AI computing infrastructure across Australia and the Asia-Pacific region. The financing comprises approximately USD 900 million in equity and pre-funded warrants, alongside USD 700 million in convertible senior notes due in 2032. The transaction was anchored by investment firm Situational Awareness and funds managed by Oaktree Capital Management, with participatio

AZERBAIJAN 18 JUN

Azerconnect Group sign mandate letter with ICD on USD 20 mln funding

Azerbaijan's Azerconnect Group has signed a mandate letter with Islamic Corporation for the Development of the Private Sector (ICD) for a USD 20 million Shariah-compliant financing to advance telecom infrastructure in Azerbaijan. The mandate letter was signed on 17 June in Baku during the opening of the Private Sector Forum in IsDB Group Annual Meetings. The USD 20 million facility will be used to part-finance Azerconnect Group's capital expenditure programme. The ICD's facility is expected to promote the c

GLOBAL 18 JUN

Skyfora raises EUR 6.5 mln to develop 5G weather sensor technique and ties up with A1 and Nokia

Finnish weather data company Skyfora said it has set up a partnership with America Movil's European arm subsidiary A1 Group and Nokia to collect atmospheric data using 5G infrastructure. Initial sites in Austria and Slovenia are already live. This follows Skyfora's recent capital increase, raising EUR 6.5 million to develop its method of turning telecom networks into weather sensors for AI forecasting.

UNITED STATES 18 JUN

NTIA opens applications for USD 790 mln in broadband funding

​The US National Telecommunications and Information Administration (NTIA) has opened applications for USD 790 million in funding to bring broadband networks to Tribal areas. Two streams are available, under the Tribal Broadband Connectivity Program (TBCP) and the Native Entities Grant Program (NEGP). Applications can be submitted until 17 September, and the NTIA expects to make awards on a rolling basis beginning in spring 2027. A webinar is planned for 24 June to provide more information on the process. 

SWITZERLAND 18 JUN

Swiss public broadcaster SRG SSR to cut costs by CHF 80 million in 2027 under Enavant project

Swiss public broadcasting corporation SRG SSR has announced plans to cut costs by around CHF 80 million in 2027 under a project called Enavant, which aims to make it more agile, efficient and digital. Among other things, SRG will simplify its management structures to save CHF 35.2 million by the end of next year, while making programme production processes more efficient, and reviewing and adjusting partnerships. Under the Enavant project, SRG SGG must lower expenditure by around CHF 270 million by 2029, pa

INDONESIA 18 JUN

Korea and ASEAN complete high-performance computing project in Indonesia

South Korea and ASEAN have completed the deployment of a high-performance computing (HPC) infrastructure project in Indonesia, marking a milestone in their broader digital cooperation programme. South Korea's ministry of science and ICT and ministry of foreign affairs, together with the Korea Institute of Science and Technology Information (KISTI), announced the official opening of the facility at Indonesia's National Research and Innovation Agency.

PHILIPPINES 18 JUN

GCash parent Mynt greenlights filing for IPO on Philippine Stock Exchange

Mynt, the fintech arm of Philippines operator Globe Telecom, announced that its board of directors and shareholders have authorized the company's filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange, in connection with a potential initial public offering (IPO). Founded in 2015, Mynt is a joint venture between Globe Telecom, Ayala Corporation and Ant Group (an affiliate of Alibaba). The proposed offering will consist

HUNGARY 17 JUN

4iG Group becomes largest European investor in Axiom Space

Hungary's 4iG Group has become the largest European investor in US commercial space company Axiom Space, after a funding round of over USD 525 million. 4iG Space and Defence Technologies (4iG S&D), a subsidiary of 4iG Group, invested USD 100 million in Axiom Space, joining other strategic investors like MUFG.

NIGERIA 17 JUN

IMF urges Nigerian government to tax telecoms to boost revenue

The International Monetary Fund (IMF) has renewed its call for Nigeria to introduce telecom excise duties and expand VAT to fuel products, The Guardian reported. These measures would strengthen government revenue and support long-term economic development, says the IMF's 2026 Article IV consultation report on Nigeria, released on 09 June. The lender warned that recent tax reforms may not generate enough revenue to sustain the government's medium-term spending objectives. Plans to impose an excise duty of 5

FINLAND 17 JUN

Finnish TUUTTI report recommends steps to foster market-driven investment coupled with security

The Finnish Ministry of Transport and Communications (LVM) has published a report on the first phase of the TUUTTI (Turvallisuutta ja uutta talouskasvua tietoverkoista) project, which seeks to generate security and new economic growth through communication networks. It concludes that reliable communication networks are the foundation of a functioning society, supply security, investments and growth in the data economy. It proposes short-term measures to ensure market-driven investment remain coupled with se

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