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.
More than £43k in uncashed benefits cheques
Treasury Minister Chris Thomas says more than £43,000 in benefits cheques remain uncashed.
Workshop on how to spot depression in children this week
Do you know how to spot if children are worried or depressed?
What's to stop migrants using UK scheme to come here?
An MHK wants to know what's stopping migrants being repatriated on a UK scheme from coming to the Island instead.
Island's Gaza vigils to switch days
Vigils for Gaza will be switching from Saturdays to Fridays from April.
Old Castletown Road to fully reopen this afternoon
Manx Utilities says the one way system at White Hoe will be removed this afternoon.
Want to sup? Bring back your cup!
A bar in the south of the Island is appealing for people to return its cups, as it counts down to opening a Port Erin cafe for the summer.
Southern farmers win concert awards
Young farmers in the south of the Island are celebrating - after winning this year's concert.
A&E bed waiting times on the rise
Patients in accident and emergency at Noble's Hospital are waiting almost 60 per cent longer for a bed on a ward.
