Vodafone Group has strategically sold a 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion). This aligns with Vodafone’s targets to reduce net debt. Vantage Towers manages 84,600 tower sites, enhancing coverage with small cell systems. The divestment strengthens Vodafone’s financial health while prioritizing debt reduction over asset control.
BT faces a £17.5 million fine from Ofcom after a network fault disrupted 14,000 emergency calls for over 11 hours. This outage highlights the necessity for robust VoIP systems in emergency services.
CommScope is strategically divesting its Distributed Antenna Systems (DAS) and Outdoor Wireless Networks (OWN) units to Amphenol for $2.1 billion, bolstering its focus on enterprise Wi-Fi and wireline telecom. This move aligns with CommScope NEXT initiative for portfolio realignment, ensuring enhanced financial stability and innovation in high-value sectors.
In a major regulatory shift, Telstra faces a $1.5 million fine from the Australian Communications and Media Authority (ACMA) due to severe identity verification lapses. This highlights the critical need for strong security measures to counter SIM swap fraud, costing millions annually.
Spanish telecom giant Telefonica and Digi have signed a 16-year mobile network agreement effective January 1, 2025. This deal enhances their collaboration, covering National Roaming and RAN sharing services. By leveraging Telefonica’s superior infrastructure, Digi can transition from an MVNO to a full-fledged MNO, ensuring high-quality VoIP services.
Hyperoptic has secured a significant £150 million investment from the UK Infrastructure Bank (UKIB), accelerating their fibre-to-the-home rollout. This latest funding increases Hyperoptic’s total raised this year to £255 million, bringing overall funding to £1.1 billion. The investment highlights strong support for Hyperoptic’s mission to deliver ultra-reliable, hyperfast full fibre broadband.
Claro has achieved a milestone in Brazil by successfully testing 5G-Advanced (5G-A) in partnership with Huawei, reaching speeds over 10 Gbps. Utilizing a commercially active 5G antenna and advanced modems, the trial signifies a leap forward in mobile internet technology.
Xavier Niel’s Atlas Investissement has proposed a $4.1 billion buyout of Millicom, a key telecom player in Latin America under the Tigo brand. Despite a rejected offer, Atlas aims to enhance Millicom’s network and distribution. Leveraging expertise from its 29% stake, Atlas seeks to drive growth and expand 4G services in rural regions.
TIM, Italy’s primary telecommunications provider, has confirmed the completion date for the sale of its networks business. In a recent stock market filing, TIM announced that the deal with private equity firm KKR will close on July 1, as planned.
Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.
