ABB has purchased a controlling interest in US-based Validus DC Systems, a leading provider of direct current (DC) power infrastructure equipment for energy-intensive data centers.
In response to unpredictable fuel prices, continuing economic uncertainties and global environmental concerns, governments and travelers around the world have renewed their interest in railways as a primary mode transport. To make railways more competitive in the long-distance passenger travel market, major infrastructure upgrades and ?greenfield? investments are underway in the Middle East (ME), Australia, China and India.
Etihad Rail signed a Memorandum of Understanding (MOU) with Etisalat to offer innovative solutions and collaborative services for its customers.
France Telecom announced that it is acquiring a stake in Iraqs third-largest mobile phone operator Korek Telecom.
Qtel has completed its expansion programme for 2011 which has resulted in Qtel Data Centre receiving a major upgrade.
