CNP Cyprus-Kyndryl sign 5-year cloud deal

Kyndryl, the world’s largest IT infrastructure services provider, and CNP Cyprus, the leading insurance group, announced a five-year agreement renewal. The company will transform CNP Cyprus’ IT infrastructure into a hybrid cloud


Threads’ rapid growth slows 

After becoming the fastest-growing social media platform and reaching 100 mln users twelve times faster than ChatGPT and 55 times faster than TikTok, Meta’s Threads has seen its user growth significantly slow


Business as usual say Primetel’s new owners

Primetel’s new owners, Signal Capital Partners, have reassured the telecoms regulator that after going into administration, the company will continue to serve its 200,000-customer base. The telecom’s management and representatives of Signal


Primetel goes into administration

Telecommunication company Primetel has announced that Signal Capital Partners, a London-based private equity fund, is set to acquire the Cypriot firm after it was placed under administration. According to a Primetel statement,


No more company levy from 2026?

The House is backing legislation to abolish a €350 company annual levy paid to the Registrar of Companies, despite a Finance Ministry pushback claiming it would affect the government’s fiscal plans. At


Cablenet and Plume moving to next ‘big play’

A year after leading independent telco Cablenet and cloud-controlled smart home service provider Plume announced their partnership, adding security and AI-enabled services to the Purple Max internet and mobile bundles, the two