Liberty Latin America: Unpacking the Tower Sale to Phoenix International

Liberty Latin America, a major telecommunications player, is set to raise over $400 million through a strategic deal selling mobile tower sites across various Caribbean and Central American markets. The acquiring party is none other than the increasingly prominent US-based Phoenix Tower International (PTI). The deal stipulates that PTI will acquire 1,300 mobile tower sites…

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Assessing Gartner’s Forecast: The Impact of GenAI on Cloud Spending

Renowned firm Gartner predicts a whopping 20.4% hike in end-user spending on public cloud services by 2024, totalling a staggering $679 billion, an increase from the existing $563.6 billion spend this year. The surge in spending will be primarily driven by business requirements and breakthrough technologies such as generative AI, states Gartner. Significantly, all the…

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Biden’s Spectrum Exploration Plan: A Stepping Stone Towards Technological Dominance

Unveiling a new strategic plan, the administration of President Joseph Biden is orchestrating an in-depth examination of over 2,700 megahertz of spectrum. This initiative, aimed at informed allocation of limited spectrum resources, could have significant implications for America’s technological advancement. The White House highlighted in a recent factsheet how essential spectrum is, stating, “the country’s…

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