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.
Firefighter to raise money by wearing full gear in fitness competition
An Island firefighter will be taking part in a fitness competition whilst wearing full gear, including breathing apparatus and oxygen tank.
How much has the Department of Infrastructure claimed for property damage?
How many times has the Department of Infrastructure claimed money from others for property damage?
Visa fraudster convicted in Isle of Man immigration scam
The Department of Home Affairs has welcomed the conviction of 25-year-old Sagar Joon.
Crowds gather for Maccies re-opening after £1.6m upgrade
Crowds have been flocking to the grand re-opening of McDonald's this morning.
MHK questions wages of 1,500 extra workers
How many of the 1,500 extra people in work since 2021 are on less than £25,000 per year?
Manxman sailings cancelled today
This afternoon’s Manxman sailings have been cancelled due to the incoming bad weather.
New parent employment rights to start this Saturday
The Department of Enterprise says from November 1, parents will get stronger support with new shared parental and bereavement leave rights.
70% of cars fail police winter roadside checks
Police carried out their first roadside checkpoint last night, as part of 'Operation Uplift'.
