Market watch / November 2016
Eutelsat Communications has signed a multi-year capacity agreement with Yahsat to provide broadband services across Sub-saharan Africa as part of its Broadband for Africa venture.
Mobile payments firm Fortumo has partnered with operator Smartfren to launch direct carrier billing services in Indonesia. The partnership means Smartfren’s 12.5 million subscribers can make online payments by charging directly to their mobile accounts.
Irish operator eir – formerly Eircom – is set to fall under the majority control of New York based hedge fund Anchorage Capital Group, already the company’s largest shareholder. Reports from Dublin say that York Capital, also a New York hedge fund, is set to sell its 10% holding in eir to other shareholders, including Anchorage and a third New York investment fund.
Beeks Financial Cloud has expanded its global network by fully deploying its hosting, colocations, and low-latency connectivity offerings in Equinix’s international business exchange (IBX), HK1, in Hong Kong.the new HK1 location is Beeks’ eighth data centre worldwide and second in Asia
US fibre operator UPN is expanding its network in the Dallas Fort Worth area of Texas, to deliver services at speeds of up to 100Gbps in the city of Frisco. The company already has an 800-mile fibre network in the Dallas Fort Worth area, said their regional sales director.