Telecom in News
Zayo Announces Construction of 5,000+ New Fiber Route Miles as AI Demand is Forecasted to Grow 2-6X by 2030
Zayo plans to build over 5,000 long-haul fiber route miles to meet growing AI infrastructure demands. With over $4 billion in AI-driven business, the company will create new routes connecting key data center hubs like Chicago, Las Vegas, Atlanta, and Columbus. By 2030, U.S. data center capacity is expected to grow from 25 GW to potentially 148 GW, driven primarily by AI adoption.
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Texas Comptroller Glenn Hegar Announces $700 Million in Awards for Broadband Infrastructure Projects
Texas is investing $701.9 million to bridge the digital divide through the Bringing Online Opportunities to Texas Program (BOOT II). The initiative will connect over 54,000 unserved locations to high-speed internet across 13 counties. All fiber projects commit to providing 1 gigabit per second symmetrical internet speeds with low-cost options, targeting completion by end of 2026.
Nigerian Regulator Approves Mobile Tariffs Increase by 50%
The Nigerian Communications Commission (NCC) authorized a 50% hike in telecom tariffs, impacting call rates, internet bundles, and SMS costs. This decision comes after tariff rates remained unchanged since 2013, responding to rising operational costs and currency fluctuations. The adjustment aims to support telecom operators’ infrastructure investments while balancing consumer protection.
OpenAI Teams Up with SoftBank and Oracle on $500B Data Center Project
OpenAI, SoftBank, and Oracle are launching the Stargate Project, a massive AI infrastructure initiative. Starting with a Texas data center, the joint venture plans to invest up to $500 billion over four years. The project promises to create hundreds of thousands of jobs and aims to secure U.S. leadership in AI by building multiple data centers across the country.
Top Industry Headlines
- Truecaller Introduces Real-Time Caller ID for iPhones
- Three UK Selects Ericsson for Europe’s Largest Mobile Packet Core
- Global IT Spending to Reach $5.61 Trillion in 2025
- Trump Designates Brendan Carr as New FCC Chairman
- UK Launches GOV.UK App and Digital Driving Licence
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Did You Know
Goldman Sachs estimates that AI will represent about 19% of data center power demand by 2028, highlighting the massive technological shift driven by artificial intelligence infrastructure investments.