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Exclusive: China plans $500 mln subsea internet cable to rival U.S.-backed project

Chinese telecom firms are developing an undersea cable network that would link Asia, the Middle East and Europe. ....

Saudi Arabia , France General , Hong Kong , Ar Riya , United States , Marla Dickerson , Timothy Heath , East Western Europe , Ariba Shahid , Michel Rose , Antonia Hmaidi , Brenda Goh , Aziz El Yaakoubi , Silvia Aloisi , China Telecom , China Unicom , Singapore Telecommunications , Technologies Co Ltd , China Foreign Ministry , China Mobile , Thomson Reuters Trust Principles , Pakistan Telecommunication Company Ltd , Telecommunications Company , China Telecommunications Corporation Telecom , A State Department , Co Ltd ,

South Africa fights to keep phone networks up as lights go out

On a recent Friday morning north of Johannesburg, the head of South Africa's largest telecoms company surveyed the arsenal of backup systems keeping just one of his 15,000 network towers online amid the worst power cuts on record. ....

South Africa , South African , Sitho Mdlalose , Nomvuyiso Batyi , Vodacom Mdlalose , Joe Bavier , Ralph Mupita , Tsholofelo Molefe , Cyril Ramaphosa , Mary Jane Mphahlele , Association Of Comms , African Reserve Bank , Thomson Reuters Trust Principles , Competition Commission , Vodacom South Africa , South African Reserve Bank , Jane Mphahlele , Chief Executive Ralph Mupita , London Listed Vodafone , Chief Financial Officer Tsholofelo Molefe , Nqobile Dludla Editing , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Technology , Repi Energy Storage , Repi Solar ,

Spark New Zealand to invest up to $189 mln in data centres over three years

Telecommunication firm Spark New Zealand said on Wednesday it will invest more in data centres and its 5G business over the next three years as part of a new strategy. ....

New Zealand General , New Zealand , Devika Syamnath , Nausheen Thusoo , Thomson Reuters Trust Principles , Spark New Zealand , Ontario Teacher Pension Plan , Thomson Reuters Trust ,

China spent $240 bln bailing out 'Belt & Road' countries, study shows

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, as more have struggled to repay loans spent building "Belt & Road" infrastructure, according to a study. ....

South Africa , Sri Lanka , United States , Brad Parks , Richard Chang , Carmen Reinhart , Thomson Reuters Trust Principles , Kiel Institute For The World Economy , Harvard Kennedy School , People Bank , International Monetary Fund , William Mary College , World Bank , Kiel Institute , Mary College , Rachel Savage , Thomson Reuters Trust ,

Lincoln-based company announces another 550 job cuts

Nelnet said it notified 550 employees that their jobs are being eliminated. It also cut 560 employees in January. ....

United States , Jeff Noordhoek , Ben Kiser , Services Division , Nelnet Diversified Services , Department Of Education , Diversified Services , Spokesman Ben Kiser , Job Market , He Economy , Local News ,