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Zain Iraq sells 4,968 telecom towers to TASC Towers for $180 mn

Mobile operator Zain Iraq announced it has sold 4,968 telecom towers to TASC Towers for $180 million. Zain Iraq will have a 15-year agreement with...

TSMC plans capital expenditure of $32-36 bn for 2023

Taiwan Semiconductor Manufacturing (TSMC) said its revenue is expected to be between $16.7 billion and $17.5 billion in Q1 2023 with gross profit margin...

Vodafone appoints Aldo Bisio as Chief Commercial Officer

UK-based telecom operator Vodafone Group today announced changes to its Group Executive Committee. Aldo Bisio, CEO of Vodafone Italy, will take on the role of...

SES raises €300 mn loan from European Investment Bank

SES and the European Investment Bank (EIB), the financing institution of the European Union, have revealed details of their €300 million financing agreement. The seven-year term...

VodafoneZiggo to upgrade IP  network in Netherlands

VodafoneZiggo has decided to upgrade its IP interconnect network in The Netherlands and selected its existing telecom equipment partner Nokia. VodafoneZiggo is building IP network to enable a new generation...

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Samsung to Invest $73 bn in AI Chips to Cash in on AI Memory Boom

Samsung Electronics has announced plans to invest more than...

Samsung Launches Galaxy Forever in India: New Ownership Model Brings Smartphones at 50% Upfront Cost

Samsung has introduced an innovative ownership programme, Galaxy Forever,...

AI chip demand fuels global foundry revenue surge to $218.8 billion in 2026: TrendForce

The global semiconductor foundry industry is set for robust...

Swisscom backs 6,000 mobile tower JV in Italy to accelerate 5G rollout and cut costs

Swisscom has announced a telecom tower initiative in Italy,...
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