Italian telecoms business Tim Group, formerly known as Telecom Italia, has received €360 million in financing from European Investment Bank along with a 60% guarantee from SACE for the development of its 5G network

Carrier-neutral data centre services provider GPX Global Systems and Redcon Group announced the expansion of its existing data centre in Cairo, Egypt

Asian Development Bank is expanding its Singapore office to have a wider presence in the Lion City and the Asia Pacific region

Telecoms company Openreach is expanding to 10 locations where it plans to deliver gigabit-capable broadband to a further 124,000 homes and businesses, the company said this week

Arjun Infrastructure Partners via its Infrastructure Alliance Europe 2 fund has acquired a minority stake in France’s fibre infrastructure operator Altitude Infra

Ravi Suri this week started as managing director at Alpen Capital in Dubai, switching over from his role as senior managing director at AP Moller Capital

Virgin Media O2 has made changes to its executive committee, including the appointment of Ulrik Bengtsson as chief operating officer

German fibre infrastructure company Glasfaser Nordwest is presenting multiple rounds of meetings to Stadthagen locals to showcase its plans for an upcoming expansion into the region

Peruvian investment promotion agency ProInversión has prequalified 4 bidders for the award of the AWS-3 and 2.3GHz Radio Spectrum Band projects

Asian Development Bank has launched fund ADB Frontier to invest in small and medium-sized enterprises at frontier markets in Asia Pacific

Squire Patton Boggs has appointed Lian Yok Tan as its Singapore-based partner focusing on energy and infrastructure practices

Ardian has completed the sell-down of its directly and indirectly held shareholding in Italian telecoms business Infrastrutture Wireless Italiane, now exceeding the 30% threshold

Stonepeak has recapitalised bandwidth infra business euNetworks, alongside strategic investments from APG and IMCO

UK-based data centre operator Virtus has launched its first data centre project outside of the UK with a campus to be built in Berlin, Germany

Swiss Life Asset Managers has launched the second fund in its value-add strategy, a part of its growing Infrastructure Equity platform