Hungary, Indonesia set up infra fund
The government of Hungary has allocated around $250 million to the Indonesia-Hungary Investment Fund – a fund to be set up to help companies in Hungary participate in Indonesian infrastructure projects
Cellnex pulls in €7bn on raise
Cellnex has raised its target of €7 billion through a preferential rights sale of new shares
Converge joins Facebook's transpacific undersea cable
Filipino fibre broadband provider Converge ICT Solutions has tapped into the 15,000km transpacific undersea cable system Bifrost, with an additional segment branch at Davao
Herbert Smith Freehills promotes 23
Global law firm Herbert Smith Freehills announced today the promotion of 23 new partners
Digital Alpha closes second fund
San Francisco-based Digital Alpha Advisors has closed its second infrastructure fund
MetroFibre to acquire FTTH infra in South Africa
South African telecoms operator MetroFibre is set to acquire Link Africa’s fibre-to-the-home network and infra in the provinces of Gauteng and Kwa-Zulu Natal in South Africa
KKR invests in US broadband provider
Infrastructure funds managed by KKR are investing in US broadband provider MetroNet
Regulator approves India telecoms exit
An Indian regulator has approved the exit of 2 Macquarie-backed shareholders of a telecommunications company
Australia to invest A$90m in rural broadband
The Australian federal government has authorised A$90 million in funding for 81 “place-based” telecommunications infrastructure projects in regional, rural and remote areas in Australia under the Regional Connectivity Program
InfraChallenge 2021 reveals Top 20
A G20 initiative today announced the Top 20 of a competition to innovate the infrastructure sector
Gleacher Shacklock hires utilities and infra MD
Petros Stylianides has joined Gleacher Shacklock as a managing director in its utilities and infrastructure business
Axian to acquire telecom business in Tanzania
Pan-African Axian Group has signed an agreement with telecom company Millicom to acquire the latter’s entire telecom operations in Tanzania
Nest appoints GLIL, CBRE for infrastructure mandate
Following a procurement process launched last year, UK pensions group Nest has appointed CBRE Caledon and GLIL Infrastructure to manage its infrastructure investments
Dito breaks ground on Philippines data centre
Philippines-based Dito Telecommunity and Udenna Group last week broke ground on the Dito data centre in Pampanga province, Philippines