LITHUANIA > Sweden based Telia set to establish Center of Excellence in Vilnius, Lithuania

Telia logo To provide a wide array of services to companies in the Telia Group, Sweden based Telia is set to establish a Center of Excellence in Vilnius. The center will provide IT, tech and other internal services to Telia offices in Northern Europe, Central Europe and Central Asia. Located in the K29 business center in Lithuania’s capital, the office is set More …

USA > Belgium based BICS acquires US based TeleSign for $230 million

bics logo Global provider of international wholesale connectivity and interoperability services, BICS has announced that it has closed the acquisition of TeleSign, a US based CPaaS company, for $230 million. The acquisition creates the world’s first end- to- end CPaaS provider augmenting one of the world’s largest global carriers with the market leading TeleSign cloud communications platform. TeleSign will continue as a More …

INDIA > NTT Communications invests $160 million in India’s data centers

NTT logo NTT Communications, Japan based telecom service provider, will invest $160 million through its Indian subsidiary (NTTCINS) for constructing two new data centers in Bangalore and Mumbai. The construction which is to be expected to be completed by April 2018 will span around 50,000 square feet. Recently NTT has acquired a 100 % stake in Mumbai based CDN and hosting provider More …

GERMANY > UK Based NSSLGlobal Sets up New Office in Germany

NSSLGlobal_logo NSSLGlobal, a UK based service provider of satellite communications and IT support, has expanded its global footprint by opening a new office in Haren, Germany. The office will be an extension of the Hamburg office and will serve the target German and Dutch customers in the offshore and commercial shipping industries – according to the company. The company believes that More …

NEW ZEALAND > China’s Huawei Technologies to invest $400m in New Zealand

Huawei.svg China based telecommunications group Huawei Technologies is set to invest $400 million in New Zealand to help drive local R&D and support the construction of a cloud data center over the next five years. Around $250MM (of the total $400 MM) is expected to be used for equipping local companies/partners by bringing them in Huwai’s supply chain and procurement network. More …

CANADA > China’s Huawei to invest $212Mn in Canada with Ontario Government as partner in “5G Ontario” project

Huawei.svg China based networking and telecommunications equipment and services Company-Huawei is set to invest $212 million in partnership with the Government of Ontario on “5G Ontario” Project. The government of Ontario will be investing $16 million on the project. The investment by Huawei is supposed to create 250 new jobs for R&D in the province. Based on Huawei’s press release, the plan of More …

SENEGAL > Senegal’s Wari Group to acquire Tigo from Luxembourg’s Millicom for $129Mn

6691163_300x300 Senegal based Wari Group is set to acquire Tigo’s business in Senegal from Luxembourg based Millicom for $129Mn. The transaction is subject to customary closings and regulatory approvals. About Tigo Tigo is a telecommunications company that provides mobile telecommunications services in Senegal. It was launched in 1999. Tigo offers pre-paid and post-paid plans; VIP services; and roaming and Internet services. Tigo More …

INDIA > Smartphone maker Nubia to invest $100Mn in India

14680605_1659983970978732_94999501626432544_n Chinese smartphone maker Nubia plans to invest $100 million over the next five years for expanding its operations in India. The five year goal of Nubia is to reach 10 million annual sales of its smartphones after building the brand. In that process it plans to invest in mobile technology startups and forge partnerships with local content creators in order to build an ecosystem around its products. About More …