Ciena’s novel approach towards rising above intense market competition involves enhancing its residential fiber-to-the-home (FTTH) solutions. Their business strategy comprises strategic mergers and acquisitions, integration of unique features post acquisitions, and providing comprehensive end-to-end resolutions. Ciena’s ‘one box’ solution is highlighted for its potency on typically challenging scenarios, like rural areas, by offering reduced costs and increased flexibility. Changes are also seen from market players like VEON and Telefonica, amidst this evolving industry.
Wyre, the newly rebranded joint venture between Telenet and Fluvius, gears up for next month’s network rollout with a focus on upgrading hybrid fiber-coaxial networks to fiber-to-the-home, aiming for 78% footprint expansion in Flanders by 2038.
Dutch telecommunications operator KPN has announced a partnership with pension fund ABP to form a new joint venture, temporarily named TowerCo. This entity will manage and operate 3,800 mobile towers and rooftop sites. KPN will hold a 51% stake in the venture, with ABP controlling the remaining 49%.
Italian company Tessellis has announced plans to acquire Go Internet, aiming to bolster its presence in the business services sector. The deal, initially delayed, has now met all necessary conditions and is set to proceed with Tessellis acquiring over 30% of Go Internet following a Reserved Capital Increase scheduled for the end of the month.
Nokia, in collaboration with Global Fiber Peru, has successfully launched a pioneering subaquatic optical, IP, and fiber broadband network in the Amazon rainforest. This new network aims to connect approximately 400 communities within the three-border region where Peru, Colombia, and Brazil meet.
A recent study conducted by Germany’s Verband für Telekommunikation und Mehrwertdienste (VATM) has illuminated the rapid advancements within Germany’s fiber market. The study highlights a steady stride in the country’s fiber rollout, projecting that nearly 19 million households, approximately half of the German population, will have access to fiber-to-the-premise (FTTP) connectivity by mid-year, marking a rise of 2 million households since the close of 2023.
Deutsche Telekom has emerged as the latest European telecommunications giant to report robust financial results for the first quarter of 2024. The German incumbent witnessed notable increases in revenue, earnings, and net profit, propelled by a surge in its European operations. The company’s performance underscores a positive growth trajectory amidst a competitive telecom landscape.
In a significant development for digital infrastructure, the United Kingdom has emerged as a leader in the expansion of full fibre networks across Europe. Recent statistics have highlighted the country’s swift advancement in deploying fibre to homes, surpassing all European counterparts in the annual growth rate. Over the past year until September 2023, the UK has extended its fibre network to an additional 4.7 million households.
In a bold move, Millicom is widening its synergies with Harmonic, specifically leveraging Harmonic’s advanced cOS broadband technology to expand high-speed internet access across nine Latin American countries. This strategic advancement is enabled by the enhancement of existing nodes using Harmonic’s hybrid fibre-cable technology.
Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.