NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Mediawan (MDWP_p.PA), set up by some of France's biggest media investors to challenge giants like Netflix, is set to become the country's second biggest pay TV player through a proposed purchase of French TV and content specialist Groupe AB. Mediawan has offered 270 million euros ($289 million) to buy the…

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Saudi Telecom Co STC has agreed to buy mobile transmitter towers from rival operator Atheeb Telecommunication Co for 230 million riyals ($61 million). Telecom operators in the kingdom have been considering offloading mobile transmitter towers to cut costs for more than two years, either selling to private investors or merging…

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QTS Realty Trust (NYSE: QTS), an international provider of data center, managed hosting and cloud services, has completed the purchase of a 260,000 square foot data center in Fort Worth, Texas from Health Care Service Corporation (HCSC). The facility becomes QTS’ second mega data center in the broader Dallas-Fort Worth-Irving…

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TierPoint LLC announced that it is significantly increasing its capacity to serve the Nashville community through a $20 million expansion of its state-of-the-art data center, the only Tier 3 certified data center in the region. TierPoint is partnering with Compass Data Centers on the project, which will more than double…

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State Sen. Dan Sparks, DFL-Austin, is one of Minnesota’s Democratic legislators calling for a $100 million investment in rural broadband. Last week, the lawmakers introduced a bill, which Sparks co-authored, that calls for $100 million to be deposited into the Border-to-Border Broadband Account to be given out in grants to…

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Uniti Fiber plans to build a new fiber optics network across the Quad-Cities that not only will expand its local footprint and network capabilities but position it for future growth in the region. The St. Petersburg, Fla.-based company, which has served the Quad-Cities since 2013, announced plans to build an…

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German utility EWE AG aims to link a million households in northern Germany to fast internet connections by 2026, its CEO said, and is in talks with Deutsche Telekom, which needs partners to reach its national broadband targets. EWE, which has a telecoms business in addition to its bigger utilities…

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OSN, the leading pay-TV network in MENA, and UFC®, the world’s premier mixed martial arts organization, have entered an exclusive long-term partnership, making OSN the one-stop destination for UFC fans in the MENA region. Reflecting OSN’s commitment to deliver relevant, exclusive and sought-after content for its subscribers, the new partnership…

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H5 Data Centers, a national colocation and wholesale data center provider, today announced it has acquired the Cleveland Technology Center in downtown Cleveland, Ohio. Located at 1625 Rockwell Avenue, the acquisition adds to H5's growing data center portfolio of nearly 1.5 million square feet in nine US markets. The carrier…

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Idea Cellular plans to raise Rs 2,000 crore by issuing non-convertible debentures (NCDs), the Kumar Mangalam Birla-owned company said in an exchange notification on Tuesday.Idea will offer 8.04% for a tenure of five years on the NCDs which will be listed on National Stock Exchange on January 27, 2017. Earlier…