Evocative has hired Derek Garnier as Chief Executive Officer. Garnier is a digital infrastructure strategist and operator with more than 35 years of experience. Derek has strong Board support and succeeds the old CEO at an opportune moment.
Frontier Prices $750 Million of First Lien Secured Notes
Frontier Communications Holdings, LLC (the “Issuer”), a consolidated subsidiary of Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”), announced the pricing of its previously announced private offering of $750 million aggregate principal amount of first lien secured notes due 2031 (the “Notes”). The Notes will bear interest at 8.625% per year and will be sold at a price equal to 100% of the aggregate principal amount. The Notes offering is expected to close on March 8, 2023, subject to customary conditions.
Innovation Presents Remarkable Opportunities for the ICT Industry and Society as a Whole
Fifty years after the invention of the mobile phone, digital transformation is creating new opportunities for the global information and communications technology (ICT) industry to continue to contribute to social and economic development around the world. Integration and collaboration are the key, according to Yang Jie, Chairman of China Mobile.
Google Reacts to New Canadian Law; Restricts News Access for Canadians
Reacting to Canada’s Online News Act, which is currently under discussion at the Senate, Google has decided to block access to news for some Canadians as a ‘test’ to work through the law that requires tech giants to pay for local journalism content used on their platforms.
Avaya Files for Chapter 11
Struggling unified communications giant Avaya Holdings Corp. filed for Chapter 11 bankruptcy protection in federal court in Texas.