Lightpath, a prominent all-fiber connectivity provider, has announced its agreement to acquire most of United Fiber and Data’s (UFD) assets. This acquisition, pending regulatory approval, is anticipated to be finalized in the third quarter of 2024.
Reports from Reuters suggest that Saudi Arabia’s STC group is contemplating a significant move in the European telecom market by considering the acquisition of United Group, a prominent player in both telecommunications and pay-TV sectors. Citing three anonymous sources familiar with the discussions, the potential takeover could mark a substantial shift in the industry landscape.
United Group’s series of acquisitions in Bulgarian telecommunications raises intrigue, drawing attention especially from vigilant industry veterans like A1 Group and PPF Group. The tacit consent of the Bulgarian Commission on Protection of Competition allowing Vivacom to absorb Networks-Bulgaria and six other telecom firms, potentially empowers Vivacom with unprecedented control over TV distribution and the ISP market.
United Group collaborates with Parallel Wireless to trial Open Radio Access Network technology on Bulgaria’s Vivacom network, promoting innovation, flexibility, and vendor diversity for improved services.
Nokia’s recent decision to cut over 2,000 jobs in China and Europe is part of a broader strategic restructuring plan aimed at optimizing operations and realizing significant cost savings. This workforce reduction aligns with Nokia’s efforts to respond to changing global market dynamics.
Sinch, which is pioneering the way the world communicates through its Customer Communications Cloud, today announced that it is paving the way for the transformation of emergency communications with its advanced Next Generation 911 (NG911) technology. By integrating a wide range of multimedia options — such as voice calls, real-time text (RTT), internet of things (IoT) data and video — Sinch enhances accessibility and ensures more reliable and comprehensive communication than voice-only 911 services. These NG911 innovations ensure first-responders receive mission-critical, real-time data, improving response times and public safety.
As the Federal Communications Commission evaluates T-Mobile US’s proposed acquisition of UScellular. This merger promises to reshape the VoIP landscape by combining resources to tackle fierce competition. By leveraging UScellular’s spectrum and infrastructure, T-Mobile aims to enhance its VoIP offerings, transforming market dynamics.
Equinix has unveiled a staggering $15 billion initiative in collaboration with Singapore’s GIC and Canada’s Pension Plan Investment Board to enhance its U.S.-based xScale data centers. This venture is pivotal for supporting AI workloads.
A Verizon network outage caused widespread disruptions across the United States on Monday. Customers reported issues from California to New York, with concentrations in cities like Chicago and Phoenix. Verizon acknowledged the problem and initiated immediate recovery efforts.
Air France has teamed up with Starlink, a subsidiary of SpaceX, to offer high-speed VoIP-enabled WiFi onboard its fleet by 2025. This new technology aims to provide passengers with seamless connectivity, allowing multiple devices to connect simultaneously.
