Huawei expands North American headquarters; Safaricom plans $284M capex spend

> Huawei Technologies expanded its Plano, Texas-based North American headquarters to a 103,330-square-foot facility housing a customer demonstration center, test lab and technical assistance center. Story.

> The largest telecom operator in Kenya, Safaricom, will spend 23 billion Kenyan shillings ($284.6 million) in capex this year through the end of March, Reuters reports. Story.

> Atlantic Tele-Network has increased its credit facility by $75 million to $370 million. A new $50 million term loan and a $25 million expansion of its revolving credit facility gives the telecommunications service provider more flexibility in funding capital expenditures. News release.

> Rumor has it that TDC, a Danish telecommunications operator, is planning an initial public offering (IPO) in the fourth quarter of this year, Telegeography reports.

> Amy Himes Kramer has been named Legislative Director of AT&T (NYSE: T) New York. Formerly an advocate for Albany Credit Union Association, Kramer will work on AT&T's legislative objectives. News release.

> Dialogic, a mobile video services provider, and Veraz Networks, a bandwidth optimizer, have completed their merger. The new company will be called Dialogic, with a new stock ticker symbol (NASDAQ: DLGC). News release.

And finally... Innovation is as important as scale in driving M&A activity, says a VON|xchange article, explaining that "soaring bandwidth demand, technological innovation and new competition" this year led to a frenzy of consolidation moves. Story.

Suggested Articles

C Spire is installing more than 33 miles of fiber across four counties in Mississippi in order to provide faster broadband speeds to rural areas.

There's no doubt that SASE has picked up steam this year after Gartner coined the phrase last year, and now MEF has joined the SASE fray.

The deal includes delivering managed network services to over 700 sites in 91 countries.