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.
Woman awarded more money after tribunal win
A woman who won more than £6,000 in an employment tribunal against her former estate agent employer has been awarded another £1,175.
Manx firm blasts TT podium with lasers
A Manx company says it's used the latest space-age cleaning technology to make sure the podium shines as bright as the TT winners it hosts this year!
Woman launches online fundraiser for private neurology treatment
A woman is hoping to raise more than £7,000 to help pay for private treatment at a neurological clinic in Manchester.
Hundreds of companies set for removal from register
The Company Registry says more than 400 companies will be removed in eight weeks' time.
Pharmacy applies to give TLC to former Peel bank
A former bank in Peel could be getting a facelift under new plans.
Ballajora bluebell butchery sparks bitter criticism
Residents in Maughold are bloomin' angry - after banks of bluebells near the Manx Electric Railway line were cut down.
Your views wanted on moves to cut dentist waiting list
The Department of Health and Social Care is asking for your experiences of efforts to cut dentist waiting lists.
MHK to query car tax changes in Tynwald
An MHK will ask about people who've ignored government moves to put car tax online in Tynwald this month.
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