How QScale is rewriting data centre real estate $1bn at a time
Sitting along the banks of the Saint Lawrence River, Québec City is dubbed by many as North America’s most European spot. Its cobbled streets, fortified cit...
Paraguay
Stonepeak’s $2.7bn LATAM digital infrastructure takeover completes as Lumen exits Cirion
Lumen Technologies (NYSE: LUMN) has officially closed the sale of its Latin American operations to alternative investment firm Stonepeak for US$2.7 billion cash. The Latin American business, called Cirion, will operate as an independent portfolio company of Stonepeak. As a result of the trans...
August 01
DigitalBridge-backed ATP buys LATAM tower business
Andean Telecom Partners (ATP), an owner and operator of telecommunications infrastructure in the Andean Region, has acquired BTS Towers (BTS), from a group of investors that includes the International Finance Corporation (IFC), Cartesian Capital Group, and Amzak Capital. BTS is a privately owned provider of telecommunications infrastructure, headquartered in Switzerland, wi...
February 17
Millicom plans to invest $3bn, carves out tower business
Emerging markets telecommunications operator Millicom (Nasdaq: TIGO) said it plans to deploy US$1 billion per year over the next three years in capital expenditure (CAPEX). The US$3 billion sum will be used on upgrading infrastructure and expanding the existing business according to chief executive Mauricio Ramos, speaking during the company’s Investor Day live stream. ...
February 16
Huawei Cloud investing to expand across 11 Latin America nations
Chinese multinational Huawei is set to extend its cloud footprint across Central and Latin America with the construction of data centres and setting up of content delivery networks (CDN) spots. The company, operating through its cloud brand Huawei Cloud, is already working on a second new data centre site in Mexico to completement its cloud region in the country. The new...
August 27
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