Telia, Sweden’s telecom giant, is reportedly considering selling off its broadcasting division, TV4, with negotiations in progress with potential buyers. This comes as TV4’s value declines, attributed to dwindling ad revenue and challenges with premium sports content. Critics suggest Telia misunderstood the complexities of the TV industry, with former CEO of TV4, Jan Scherman, openly critical of the acquisition.
Despite Europe’s stride towards a digitally advanced future, the current uptake of 5G stands at only 2.5%. This stands in stark contrast to how tech giants like North America, China, Japan, and South Korea are faring. While European market figures on Fibre-to-the-Home (FTTH) appears promising, various challenges, including recent antidumping measures, have stymied progress and exacerbated the digital divide.
ITS has launched the enticing Faster Britain bus initiative, a design tour autour du pays to spread the word about their newly unveiled full-fibre network. The double-decker bus will serve not only as advertisement but a consumer engagement podium, hosting training events at over 70 networks, engaging directly with tech enthusiasts and initiating digital inclusion programs.
Telefonica triumphs in securing exclusive rights to broadcast elite Spanish football through their Movistar Plus service, committing an eye-watering €1.29 billion for this privilege till the 2026-27 season. They’ve successfully navigated past Spain’s competition regulator’s conditions, opening a window of opportunity for their substantial investment.
Riedel Communications’ switch to Bolero wireless intercom system partnered with RISE® Pacific, signals a new era for complex rigging and high-risk vertical operations. The technology bridges the communicative gap in such challenging settings, propelling safety and efficiency to extraordinary levels. Furthermore, it doubles as not just a life-saver, but a camaraderie builder among RISE Pacific team members, evident in the new shared music channel.
CMC Networks (“CMC”) a leading provider of global telecommunications services and ConnectiviTree (Europe) AG (“ConnectiviTree”), a trailblazer in digital infrastructure solutions, are proud to announce they have signed a Co-Operation Agreement. This transformative partnership brings together ConnectiviTree’s innovative technology and RootNet network and CMC Networks’ extensive reach to revolutionize the landscape of global connectivity.
Telefónica’s recent release of a green bond, valued at €1,750 million, experienced an impressive demand. The bond’s oversubscription tripled, indicating keen investor interest in the telecommunication giant’s ecological endeavors. The bond, which will fund projects aimed at modernizing both fixed and mobile telecom networks, is aligned with Telefónica’s goal of dedicating roughly 40% of total funding to ESG criteria by 2026, underpinning the company’s pledge to integrate environmental and financial sustainability.
Ofcom’s proposal to supply backup batteries for mobile sites to improve network resilience has brought forth divergent viewpoints. Vodafone – a prominent voice in the debate – highlights operational complexities and massive costs associated with the backup plan, stressing that mobile operators should not carry the full financial burden.
In a surprising turn of events, Apple, the tech powerhouse, has emerged victorious in the global smartphone market for 2023, surpassing its competitors in sales despite maintaining its position as the most expensive option. This revelation comes from IDC, the first analyst firm to release figures supporting Apple’s unprecedented success this year.
Indian telecom giant, Jio Platforms, stands out among potential buyers for a majority stake in Sri Lanka Telecom PLC. It reveals Sri Lanka’s approach to address drastic economic conditions with state-owned enterprises’ privatization.
