UBS board nominates Kelleher as chair
The board of UBS has nominated Colm Kelleher as chair to succeed Axel Weber who has reached his maximum term limit after 10 years
Bahrain selects Nokia for smart grid project
Bahrain’s EWA has awarded Finnish telecoms company Nokia a contract to develop the first phase of a power grid digitalisation project
Oz state appoints investment head in Germany
Trade and Investment Queensland, the state’s foreign investment advisory body, has today appointed Stefan Augustin as the new director of investment for Germany
Meridiam to develop broadband for Indiana city
The City of Bloomington and investor Meridiam have signed a letter of intent to build and operate a fibre network throughout the city
SocGen promotes Clement de Givry in Hong Kong
Stephanie Clement de Givry will be Société Générale’s new head of global banking and advisory for Asia Pacific, effective in January
IDB Invest to fund LatAm digital infra
IDB Invest has provided a $45 million senior loan facility to Puerto Rico-based digital infrastructure operator QMC Telecom, to be used to finance broadband infrastructure in Colombia, Mexico, and Peru
Keppel-Pierfront fund has 2nd close
Singapore-based fund manager Pierfront Capital has held the second close for the Keppel-Pierfront Private Credit Fund with 3 additional investors, bringing the total fund size to $455 million
Biden forms infra task force
President Biden launched an infrastructure task force and a list of 6 priorities before signing the Infrastructure Investment and Jobs Act into law on Monday
Simi Valley fibre network project construction to commence
SiFi Networks is set to begin construction next month of its FiberCity project, in Simi Valley, California
Colorado Governor plans to create P3 office
Colorado Governor Jared Polis has included more than $1 million in his 2022-23 budget proposal to create a P3 office within the Office of Economic Development and International Trade
IHS Towers closes Brazilian fibre purchase
IHS Towers has completed its purchase of a controlling stake in TIM’s Brazilian secondary fibre network and associated infrastructure
Globe taps Telemedia for data centre JV
Philippines telecoms company Globe Telecom is in advanced discussions with Singapore-headquartered ST Telemedia Global Data Centres to form a JV for data centre operations in the Philippines
Bangladesh extends deadline for telecoms PPPs
The government of Bangladesh has extended the deadline for private companies to submit proposals to be concessionaires on telecoms PPP projects
Adviser appointed for European fibre network sale
A sell-side adviser has been appointed for the disposal of a stake in a European fibre business, with teasers being prepared
Transtelco completes Maxcom takeover
Texan digital infrastructure provider Transtelco has completed its acquisition of Maxcom Telecomunicaciones, a Mexican telecoms provider