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KPN ties 1bn credit facility to a greener future

2021-08-06 02:00:00| Total Telecom industry news

KPN has concluded a €1 billion credit facility, refinancing an existing credit line from 2016, this time tying the loan’s interest directly to its sustainability goals. The new credit facility has a maturity of five years, with two one-year renewable options…read more on TotalTele.com »

Tags: future credit facility ties

Mantra Data Centres plans $1bn Indian expansion

2021-08-04 02:00:00| Total Telecom industry news

Yesterday, MDC announced that it would design, build and operate new data centre facilities in Mumbai, Delhi, Chennai, Bangalore, Hyderabad, and Kolkata as part of a $1 billion expansion in their home market of India. The company says the move is motivated by the rapid growth of the Indian data centre market, which is being fuelled by the country’s increasing internet penetration, government digitalisation programmes…read more on TotalTele.com »

Tags: data plans indian expansion

Smart home devices flourishing as Plume connects 1bn devices

2021-07-23 02:00:00| Total Telecom industry news

Around the world, the smart home market is growing rapidly, helped in no small part by the onset of the coronavirus pandemic. With whole families forced to spend more time at home than ever before, additional connected devices are being launched and purchased every week, offering customers unprecedented convenience and a more personalised experience. For smart home specialist Plume, this growth has been exceptional, with the company now recording over a billion devices connected to its cloud controlled network. Partnered with over 200 communications service providers, Plume uses AI algorithms to continuously optimize services for customers and takes predictive and pre…read more on TotalTele.com »

Tags: home devices smart connects

GlobalFoundries pledges $1bn expansion to ease chip supply crisis

2021-07-22 02:00:00| Total Telecom industry news

With the world still struggling under the weight of the ongoing semiconductor supply crisis, various chip firms around the world are announcing expansion plans to help reach soaring demand. Now, the US-based semiconductor manufacturer GlobalFoundries has announced its current US expansion plans, which involve investing $1 billion into their Malta, New York, fabrication plant, as well as longer-term plans to launch a new fab at the same location…read more on TotalTele.com »

Tags: supply expansion ease crisis