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08.04.26 - 15:12
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Verizon Cut to Hold at DBS Bank: Is the Telecom Giant Running Out of Upside? (24/7 Wall St.)
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Verizon Communications (NYSE:VZ) received a cautious reassessment on April 8 when DBS Bank downgraded Verizon stock from “Buy” to “Hold,” setting a price target of $52. The move signals that one of Verizon's more optimistic backers now sees the stock as fairly valued after a strong run. For income investors riding Verizon's momentum, it's worth ... Verizon Cut to Hold at DBS Bank: Is the Telecom Giant Running Out of Upside?...
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19.03.26 - 14:06
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Eclypsium Secures $25M Strategic Investment to Accelerate Leadership in Supply Chain Security for IT Infrastructure (Business Wire)
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Funding round follows on heels of a record FY2025 as Eclypsium expands capabilities, partnerships, and market reach to help organizations safeguard critical device infrastructurePORTLAND, Ore.--(BUSINESS WIRE)--#firmwaresecurity--Eclypsium, the IT infrastructure supply chain security company, today announced it has raised a $25 million strategic financing round led by PEAK6 Strategic Capital, with participation by a top three US bank and Ten Eleven Ventures. These investors join prior investors Qualcomm Ventures, Pavilion Capital, Singtel Innov8, Sixty Degree Capital, Andreessen Horowitz, and Madrona.
“Eclypsium is a trusted leader in safeguarding both public and private critical infrastructure against the world's most sophisticated threat actors, including nation-states. With its proven technology and deep expertise in supply chain security for IT infrastructure, we believe the company is exceptionally well positioned to help organizations strengthen cyber resilience in the enterprise. We're proud to...
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04.03.26 - 03:42
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Bharti Airtel, Groww & more: Top stocks to watch today (Times of India)
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Bharti Airtel plans significant investments in Airtel Money and a progressive dividend policy. Singtel may reduce its stake, while Bharti Airtel eyes increasing its stake in Indus Towers. Groww's broking growth is slowing, but non-broking ventures show promise. Eternal's stock correction presents a buying opportunity. Dixon Technologies could benefit from an extended Mobile PLI scheme....
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04.02.26 - 00:27
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KKR-Led Consortium with Singtel Group to Fully Acquire ST Telemedia Global Data Centres at S$13.8 Billion Enterprise Value (Business Wire)
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Marks one of the largest digital infrastructure transactions in Southeast AsiaSINGAPORE--(BUSINESS WIRE)--Global investment firm KKR, Asia's leading communications technology group Singtel, and ST Telemedia today announced the signing of definitive agreements under which funds managed by KKR and Singtel (together, the “Consortium”) will acquire the remaining 82% stake in ST Telemedia Global Data Centres (“STT GDC” or the “Company”), a leading data centre colocation services provider, from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (approximately US$5.1 billion). This represents an implied enterprise value of approximately S$13.8 billion (approximately US$10.9 billion), including leverage and capital expenditure for committed projects.
Upon completion, KKR and Singtel will own stakes of 75% and 25% respectively in the Company, taking into account the conversion of existing redeemable preference shares that both KKR and Singtel hold in the Company.
The Consorti...
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01.02.26 - 21:18
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GIC, Mubadala Said to Be Set to Join KKR in $10 Billion STT Deal (Bloomberg)
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GIC Pte and Mubadala Investment Co. are in talks to join KKR & Co. and Singapore Telecommunications Ltd. in their potential purchase of data center operator STT GDC Pte, people familiar with the matter said, in what could be one of the biggest digital infrastructure deals in recent months....
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