Xavier Neil, the French telecom magnate, is seeking financing to acquire the remaining 80% of Latin American telecom group Millicom through his investment vehicle, Atlas. The move was disclosed after media reports surfaced, prompting an official statement from Atlas Investissement. The statement confirmed that Atlas is exploring a cash tender offer for Millicom, aiming for a purchase price of $24 per share.
GoTo’s new AI-powered scam detection feature aims to protect users from rising remote support scams. Freedom Fibre secures funding for rural fibre rollout, Openreach extends network, but low uptake rates pose challenges.
Anritsu’s MasterClaw Service Assurance is now validated on Red Hat OpenShift, enhancing its cloud-native benefits. Aryaka expands its network with a new PoP in Madrid. DRFortress and Megaport have partnered to launch a new public cloud on-ramp solution.
French telecommunications giant Orange has announced a strategic partnership with Nokia, aiming to broaden the reach of its network APIs. This collaboration will leverage Nokia’s Network as Code platform, incorporating a developer portal to invigorate the 5G market and stimulate revenue growth.
Sparkle, Italy’s leading international service provider, has successfully landed its BlueMed submarine cable in Chania, Crete. The announcement was made during a press conference at the Italian Ambassador’s Residence in Athens, attended by key figures including Paolo Cuculi, the Italian Ambassador, and Dimitris Papastergiou, Greece’s Minister of Digital Governance.
Australia’s Communications and Media Authority has initiated legal proceedings against Optus, the nation’s second-largest telecommunications provider, following a significant data breach in 2022. The ACMA has taken the matter to the Federal Court, accusing Optus of failing to secure its customers’ personal data, thereby breaching the Telecommunications (Interception and Access) Act of 1979.
Ofcom has fined BT £2.8 million after its subsidiaries, EE and Plusnet, failed to adhere to consumer protection regulations. The UK regulator’s investigation revealed that both companies neglected to provide clear contract details to numerous customers before they signed up for services.
Orange and Vodafone have announced significant progress in their collaborative Open RAN pilot project in Romania, now incorporating 2G capabilities. This development is part of their ongoing effort to innovate and optimize network technology.
Virgin Media Business Wholesale, a division of Virgin Media O2, has significantly upgraded the Manchester Equinix MA5 data center with advanced high-capacity fibre routes, enhancing connectivity in Manchester and the broader north of England. This upgrade positions the Manchester MA5 as a crucial node within Virgin Media Business Wholesale’s extensive network, which includes over 160 data centers across the UK.
In a bid to expedite the advancement of 6G software, tech behemoth Samsung and chip design firm Arm have joined forces to delve into parallel packet processing technology. This cooperative effort will see Samsung Research launching an open-source initiative in conjunction with Arm to collectively innovate and refine parallel packet processing technology.
Australian telecom giant Telstra announced plans to eliminate 2,800 jobs as part of a significant reorganisation aimed at revitalising its enterprise division. The company has been conducting a thorough review of Telstra Enterprise since February, responding to economic pressures that have impacted its corporate clientele.
