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Russia

The Tech Capital Global comms group VEON divests Russian portfolio in $2.1bn sale

Global digital operator VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON) has entered into an agreement to sell VEON’s Russian operations to certain senior members of the management team of PJSC VimpelCom, led by its current CEO Aleksander Torbakhov. The management buy-out of VimpelCom implies an expected enterprise value of approximately RUB 370 billion, representing an...

November 29

The Tech Capital Europe told to ‘brace’ for subsea cable strikes after Nord Stream was blown up in a possible Russian attack

Subsea digital infrastructure operators alongside pipes, rigs and other infrastructure managers in Europe have been told to prepare for possible attacks on their critical networks after the two Nord Stream gas pipes were blown up almost in three simultaneous attacks thought to have been orchestrated by Russia. The underwater explosions come seven months after Russia’s pre...

September 28

The Tech Capital Russian big tech group eyes 63MW data centre

Russian internet company Yandex (MCX: YNDX) is on the verge of breaking ground on a hyperscale campus located in Kaluga, in the western part of the country. The facility, to be erected in at the Grabtsevo Industrial Park, has been designed to service 63MW of IT load. The 1.4 million square feet building will support more than 3,800 servers. The capacity is the highest ac...

September 26

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