India Launches Strategic Air Strikes on Pakistan After Brutal Tourist Killings

India has carried out airstrikes on militant camps in Pakistan after several Indian tourists were killed in Kashmir. This strong action shows rising tensions between the two nuclear-armed countries and highlights India’s firm stance against terrorism from across the border.

According to the Indian Ministry of Defence, the airstrikes happened early in the morning. Fighter jets hit and destroyed several terror sites believed to be linked to the recent attacks. These locations were found through a week of intelligence gathering and surveillance.

Pakistan, on the other hand, has condemned the strikes, calling them a violation of its sovereignty. The Pakistani military confirmed the strikes but claimed there were no casualties and accused India of spreading misinformation to divert global attention. Meanwhile, India remains firm on its narrative, stating that only non-civilian terror targets were hit and that the mission was pre-emptive and necessary.

Growing International Response and Diplomatic Tensions

The international community has expressed growing concern over the rising tensions in the region. Countries including the United States, the United Kingdom, and France have urged both India and Pakistan to exercise restraint and avoid further escalation. UN Secretary-General António Guterres has called for dialogue and de-escalation, offering to mediate between the two sides.

Back home, the Indian government is receiving strong support from political parties and citizens alike. Vigils and rallies have been held across several cities in memory of the slain tourists. Indian Prime Minister Narendra Modi, addressing the nation, assured that every loss of innocent life would be avenged, and no act of terror would go unanswered.

Close Line of Control (LoC)

Security has been heightened in major Indian cities, especially in regions close to the Line of Control (LoC). The Indian Army has also been put on high alert, with additional troops deployed in sensitive zones to prepare for any retaliatory action from Pakistan.

Tourism, which had been recovering post-COVID in the Kashmir Valley, is once again under threat. Tour operators have reported mass cancellations, and advisories have been issued asking tourists to refrain from visiting the region until the situation stabilizes. Local businesses are bracing for losses amid fears of prolonged instability.

Analysts suggest that while the surgical strikes demonstrate India’s military capability and resolve, they also risk dragging the subcontinent into a cycle of retaliatory violence. Peace advocates on both sides are urging a return to diplomacy before the situation spirals further.

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Constructel Acquires US Telecom Services Provider VERITA

Doubles Constructel’s Revenues in the US to over $250 million | US to Become Top-3 Country for Constructel alongside France and the UK | Balances US Operations between Telecom and Energy | Strong Balance Sheet to Support Continued M&A

Constructel Visabeira (“Constructel”), a subsidiary of Grupo Visabeira and a leading global provider of telecom and energy engineering services backed by Goldman Sachs Alternatives (“GoldmanSachs”), today announced its acquisition of Verità Telecommunications Corporation (“Verità”), a leading wireline and wireless services company in the Central US region with over $100m in revenue.

Verità is Constructel’s tenth acquisition since 2021 in its core markets of France, UK, Belgium, Portugal, Germany, and the US. With VeritàConstructel gains a strong platform in the large and growing US telecom services market, doubling Constructel’s revenues in the US to over $250m and balancing Constructel’s US business between energy and telecom engineering services.

Verità, headquartered in Michigan, boasts a workforce of approximately 500 employees and is engaged in engineering, construction, and maintenance of both fixed and mobile telecommunication infrastructures. With operations primarily in Central US, Verità has achieved double digit revenue growth since 2021.

With a reputation for excellence, Verità’s expertise, paired with its client-centric approach and proficiency in delivering turnkey solutions, aligns seamlessly with Constructel’s growth strategy for the US. By leveraging Verità’s established presence and capabilities, Constructel aims to deliver high-quality turnkey solutions to the burgeoning fibre and 5G deployment landscape.

Verità’s current management team, under the leadership of Verità’s founder and CEO Michael A. Falsetti, will continue to lead the company with a focus on strong client relations, commitment to employees and partners, and relentless focus on quality of delivery to drive the next wave of growth.

According to Michael A. Falsetti, “this strategic partnership will allow us to accelerate our growth, not only by providing new opportunities to better serve our existing customers while facilitating new relationships, but also by fostering the digital and management transformation that was already taking shape.”

For Nuno Marques, CEO of Constructel Visabeira, “this investment marks a significant milestone. It positions us at over $250m in sales in the US, while effectively balancing our growth across the US Energy and Telecommunications sectors. As we execute our expansion strategy in the US, where we hold strong long-term ambitions, this investment will play a pivotal role.” He added that “drawing on our shared values and common vision for the future, coupled with our deep understanding of Verità’s strong foundations, I am confident that we can leverage commercial and operational synergies to realize the broadband aspirations of our clients while advancing a trajectory of sustained profitable growth. Further, the strength of our balance sheet will allow us to continue to execute on our growth priorities and strategic M&A strategy in years to come in the US and Europe.”

In addition to its M&A track record, Constructel has delivered double-digit organic revenue growth and double-digit EBITDA margins since 2021, reaching over €1.3 billion in revenues. These figures reflect a year-on-year sales and EBITDA growth ahead of 20%,underpinned by a combination of strong organic expansion and a successful M&A track record, anchored on a strong balance sheet. Constructel has significantly grown its Energy Engineering Services business, supporting customers with investments in transmission and distribution grids, renewable energy and EV charging infrastructure, which contributes to more than 30% of the company’s revenues. In parallel, Constructel has strengthened its international presence with France & Belgium, UK, US, and Germany together contributing over €1b into the Company’s revenues.