VEON’s Pakistan operator Jazz secures $270m credit facility for digital infrastructure expansion
VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON) subsidiary Jazz has secured Pakistan’s largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. US$270 million). The 10-year financing arrangement will be used to build up Jazz’s 4G connectivity and digital services ...
July 26
Gulf Data Hub ponders sale of minority $1bn data centre platform stake
UAE data centre operator Gulf Data Hub (GDH) is contemplating the sale of a minority stake in the company, a move that has piqued the interest of international investors and financial giants. According to sources familiar with the matter speaking to Bloomberg, the colocation firm is reportedly eyeing US$1 billion for the minority sale. The group is said to be collaborati...
July 10
DAMAC Group accelerates $1bn investment in AI and data centres
Dubai family office-owned DAMAC Group has announced an increase in its investment in the rapidly evolving Artificial Intelligence (AI) sector including data centres. Hussain Sajwani, Founder and Chairman of DAMAC Group said: “DAMAC plans to invest up to US$1 billion in the data centres industry over the next couple of years. “This substantial investment reflects our ...
July 04
The Tech Capital celebrates three years of excellence in digital infrastructure journalism
London, UK, June 14, 2024 – The Tech Capital, a Mondego Media Group-owned digital media, reports, and events platform business, is proud to celebrate its third anniversary. Over the past three years, The Tech Capital has emerged as a leading voice in TMT journalism, providing insightful and engaging content in the fast-paced world of digital infrastructure. The Tech Capit...
June 14
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers
