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In the past six months, Vodafone has embarked on a forceful comeback scheme. There have been indications of a resurgence, even though investors remain skeptical. Following the delivery of the UK telecoms giant’s half-yearly report, the shares plummeted more than 4%. At the time this report was written, the recovery was marginal, with a 2.7%…

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…

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…