GoDaddy to fund HEG buy with US$1.9bn of loans, expects to sell PlusServer
US web domain firm GoDaddy (NYSE:GDDY) has revealed that the financing for its €1.69bn (US$1.79bn) acquisition of German counterpart Host Europe Group (HEG) will...
Space Services
Zain Saudi Arabia names Peter Kaliaropoulos as CEO
Zain Saudi Arabia has appointed Peter Kaliaropoulos as CEO after Hassan Kabbani left the telco for personal reasons. Kaliaropoulos was until June the general...
Cyprus inches toward privatisation of Cyta, but sale of Cyta Hellas will come first
The government of Cyprus is presenting a piece of legislation next month to privatise incumbent Cyta. The draft is in the “final...
Elco Holdings confirms Golan Telecom purchase talks
Israeli industrial group Elco Holdings has confirmed it is in talks to buy local telco Golan Telecom. Elco is willing to pay between NIS300m...
Vodafone names Dell EMC exec Brian Humphries as group enterprise director
Vodafone has hired Dell EMC executive Brian Humphries to fill the role of group enterprise director that has been vacant since...
Ofcom wants BT to share infrastructure with rivals to boost nationwide ultrabroadband deployment
UK incumbent telco BT would be forced to share infrastructure to help rivals build their own ‘full-fibre’ networks, and reduce the country’s reliance...
Verizon to offload non-core data centres to Equinix for US$3.6bn
Verizon has agreed to sell its portfolio of 24 data centre sites to Equinix in a US$3.6bn all-cash deal, enabling the US...
GoDaddy to acquire Host Europe for €1.69bn to boost European expansion
US web domain provider GoDaddy has agreed to acquire German counterpart Host Europe Group (HEG) for €1.69bn (US$1.79bn), which includes €1.08bn (US$1.16bn) of assumed...
Raghunath Mandava appointed Airtel Africa CEO as Christian Defaria becomes chair of Bharti Airtel International
India’s largest mobile operator Bharti Airtel has promoted Raghunath Mandava to CEO of Airtel Africa, effective 1 January 2017. Mandava replaces former CEO and executive chair Christian Defaria, who...
Telecom Plus to sell Opus Energy to Drax Group for £71m
UK utility services provider Telecom Plus is selling its 20% stake in energy company Opus Energy Group to peer Drax Group, with profits to be...
