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