November 28, 2024 Sweden
Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that I...
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November 15, 2024 Sweden
Swedish marine and industrial engine manufacturer Volvo Penta has announced a follow-up investment in UtilityInnovation Group (UIG), an US and Irish company specializing in utility systems and decentralized energy solutions. Following the investment, UIG aims to combine Volvo’s battery energy...
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October 18, 2024 Spain
UAE data center firm Edgnex this week announced its expansion into Europe with the acquisition of land in Madrid. The site has been acquired from real estate private equity manager ActivumSG and will host a 40MW data center. Located in the Vicalvaro region, the 236,805 sq ft (22,000 sqm) facility...
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October 07, 2024 Sweden
Swedish Edge data center firm T.Loop l ast week announced it had entered into an agreement with real estate development firm Atrium Ljungberg for operational management of the Palmfelt Datacenter in the Slaughterhouse area of the capital. "We see great potential in the data center, which is...
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September 23, 2024 Sweden
Atos's Eviden business unit has been awarded a four-year multi-million euro contract to boost the performance of the Berzelius supercomputer at Linkoping University for the second time. Eviden will integrate and deploy further Nvidia GPUs into the system, adding an extra 512 petaflops of FP8 AI...
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August 30, 2024 Sweden
GPU cloud firm CoreWeave and Swedish colocation provider EcoDataCenter this week announced a partnership to host “one of Europe’s first large-scale Nvidia Blackwell clusters” in Sweden. CoreWeave aims to deploy thousands of Blackwell GPUs to help meet demand for large-scale AI infrastructure from...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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June 29, 2024 Spain
AQ Compute has broken ground on its 60MW data center campus in Spain and has begun construction work on the new site located in the Parc de l’Alba (Cerdanyola del Vallès) in Barcelona. The data center, dubbed AQ-BCN1, will eventually have an IT capacity of 60MW with cooling capabilities for...
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June 04, 2024 Sweden
BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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February 26, 2024 Spain
An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers to...
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February 09, 2024 Spain
Investment manager Azora in collaboration with Core Capital, this week launched a new European Edge data center platform called Quetta Data Centers. The investment firm plans to invest over €500 million in constructing six Edge data centers in Spain and Portugal totaling 60MW of capacity....
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January 10, 2024 Spain
Spanish telecoms firm Aire this week announced that it is acquiring Canary Islands telco Idecnet as it looks to consolidate its presence in the region. Raúl Aledo, CEO of Grupo Aire, said, “The arrival of Idecnet to Grupo Aire responds to our national and international growth strategy, which is...
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November 25, 2023 Spain
Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten,...
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November 17, 2023 Spain
Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults....
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October 20, 2023 Spain
The Spanish government opened the latest phase of its €1 billion funding project aimed at rolling out 5G Standalone (SA) to rural areas across the country to reduce the digital divide between urban and rural areas, as almost a fifth of the country’s population live in the rural areas. In this new...
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October 18, 2023 Sweden
Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to begin...
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September 11, 2023 Sweden
Karnfull Next, a Swedish nuclear corporation, has announced plans for a campus of small modular reactors (SMRs) on the Swedish coast that will power data centers. The company intends to construct the facility in Nykoping, on the Swedish east coast, where the nuclear software company Studsvik...
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