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Luxembourg

The Tech Capital ‘Data centres are not the enemy’ – How the industry can aid in Europe’s worst power crisis in decades, part 1

Europe is at the beginning of 2023 navigating its darkest period since the end of the Second World War with one of the worst armed conflicts on the continent in decades, a looming recession expected to hit shore this year, and a precarious energy crisis. Energy is, without taking way from the seriousness of the other ongoing events, a growing concern amongst communities and...

January 17

The Tech Capital European Investment Bank invests $325m for satellites lift off

The European Investment Bank (EIB), the financing institution of the European Union, is investing  €300 million (US$325.54 million) into Luxembourg-based content delivery platform SES. The seven-year term loan will back investments related to the design, procurement and launch of three previously announced satellites that will deliver advanced broadcast and broadband ser...

January 16

The Tech Capital 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

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