Amazon Web Services (AWS) has unveiled plans to invest an estimated USD 11 billion in expanding its infrastructure in Georgia, solidifying the state’s growing reputation as a hub for technology and innovation. The initiative, supported by state and local leaders, is expected to create over 550 high-skilled jobs and drive advancements in cloud computing and artificial intelligence (AI).

Italy's Treasury and Spanish fund Asterion have made a 700 million euro ($733 million) joint binding offer for Telecom Italia's (TIM) (TLIT.MI), opens new tab submarine cable unit Sparkle, the ministry and the former phone monopoly said.

Set to go live in Q1 2025, Arelion has deployed a new, fully diverse route from Houston, Texas, to Jacksonville, Florida, via Slidell, Louisiana, Mobile, Alabama and Tallahassee, Florida. This direct route provides wholesale and enterprise customers with low-latency IP services and terabit-scale capacities to support AI/ML applications and East-West traffic flows. 

The vast network of submarine cables forms the invisible backbone of global communication, carrying essential data for commerce, security, and daily life. Stretching over 1.2 million kilometers and transmitting 98% of the world’s digital data, these cables enable everything from financial transactions to streaming services. However, their strategic importance also makes them a potential target for disruption—a reality brought to the forefront by recent incidents in the Baltic Sea.

During its participation as a Digital Infrastructure Founding Partner of the first edition of the Connected World KSA conference hosted in Riyadh, Mobily, a leading innovator in the Telecommunications, Media, and Technology (TMT) sector in the Kingdom of Saudi Arabia, signed a Memorandum of Understanding (MoU) with Sparkle, the first international service provider in Italy and among the top global operators.

Isle Au Haut has installed its first subsea telecommunications cable, bringing the long-term vision of access to universal broadband internet to this unbridged, year-round island community for the very first time. The 10km submarine cable now connects Isle au Haut to Stonington on Deer Isle, which links to the mainland through terrestrial connections.

The United States will provide up to USD 6.6 billion in direct funding to Taiwan Semiconductor Manufacturing Co. (TSMC) for advanced chip-making facilities in Arizona, as part of the CHIPS Act initiative. This agreement marks a major step in boosting the domestic semiconductor industry.

Cirion Technologies announced a new wholly-diverse and resilient Atlantic subsea route, expected to be ready for service in Q1 2025, expanding fiber connectivity between Latin America and North America.

Bell Canada has reached a definitive agreement to acquire Ziply Fiber in a deal valued at approximately CAD 7 billion. The transaction includes CAD 5 billion in cash and the assumption of around CAD 2 billion in net debt, which will be rolled over at closing.

Conexon Connect recently celebrated its first customer connections in underserved areas of rural Wayne County and is expanding its high-speed fiber-to-the-home (FTTH) network throughout Missouri. Currently, the ISP is poised to reach more than 30,000 rural homes and businesses in its headquarters state of Missouri.