Manx Telecom's sale to a transatlantic investment firm is expected to be finalised today.
Basalt Investment Partners announced the £255 million deal last month and a court gave its approval last week.
Chief Minister Howard Quayle gave a statement to the House of Keys about the deal on Tuesday, saying Basalt wanted to invest in a new 5G network as well as fibreoptic.
He added government will be asking the company about its plans once the sale is complete.
School suspension figures released
Education Minister Daphne Caine says 58 secondary students were suspended from school for more than 10 days last year.
Police launch recruitment drive
The police have launched their first recruitment drive of the year.
Second amber weather warning issued today
Ronaldsway Met Office has issued this week's second amber weather warning for coastal overtopping and minor inner harbour flooding.
Mountain Road closed after snow
The Mountain Road is shut this morning because of snow and icy conditions.
Two Manxman crossings called off
Two ferry sailings have been called off in the face of bad weather later this week.
New warning for coastal overtopping at high tide
Ronaldsway Met Office has issued another weather warning for coastal overtopping tonight.
Government wants to re-roof governor's home
The Department of Infrastructure has applied for permission to re-roof the governor's home.
EVF to roll out body cameras to all Island stores
A chain of garages around the Island says all its staff will be wearing body cameras from this week.
