As the UK’s fibre landscape intensifies with rising competition, leading players are racing to expand gigabit-capable broadband nationwide. Noteworthy, alternative network providers, referred to as “AltNets”, are displaying proactive strategies to swiftly deploy networks. On the other hand, traditional companies are recognising opportunities in fibre rollout, as seen in Openreach’s pricing approach of their wholesale lines.
Dive into the world of high-speed internet connectivity with over 500,000 premises now experiencing 10Gbps speeds using XGS PON fibre infrastructure and welcome news of future expansion plans. A remarkable achievement for Netomnia, this latest success marks just the beginning of their journey towards connecting one million homes by 2024. Central to these ambitions is the goal to cater to underserved rural and less-resourced sectors, revolutionising connection experiences across the UK.
Allegations were made last week against Vivacom, a Bulgarian telecommunications company owned by United Group, by A1 Group and PPF Group. The Bulgarian Commission on Protection of Competition (CPC) had granted Vivacom permission to acquire Networks-Bulgaria and several other smaller Bulgarian telecoms, sparking concerns within the industry.
Instagram’s new Threads app has garnered over 30 million sign-ups within 24 hours of its launch, along with a staggering 95 million posts and 190 million likes. While some features are missing, such as DMs and integration with ActivityPub, the impressive numbers indicate a promising start for Meta’s Twitter competitor.
Italy’s telecommunications tycoon, Retelit, ushers in a new era of growth under the leadership of newcomer CEO, Jorge Álvarez. With the recent Retelit-Irideos merger, Álvarez is set to navigate the future of this B2B market leader, backed by a solid 20-year career in the global telecom industry.
Samsung, the South Korean tech giant, has reported its lowest operating profit in 14 years for the April to June quarter. The decline is attributed to the ongoing downturn in the memory chip market. While the precise details are yet to be disclosed, analysts expect the chip division’s poor performance to be the primary cause.
Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.
A recent survey unveils how, despite potential risks, most industries, particularly telecommunication firms are embracing generative AI’s benefits. Interestingly, even traditionally cautious sectors, like aerospace and defence show a strong inclination towards AI’s adoption. Yet, as AI integration requires extensive investment in staff skill development, emerging corporate roles like AI auditors or ethicists are anticipated.
Four prominent Swedish companies are under the scanner for illicit data transfer to the U.S., marking a stark violation of EU’s GDPR rulings. The heart of this issue lies in their use of Google Analytics, leading to these privacy breaches. Interestingly, not all implicated parties bore the same guilt, showing varying levels of data safety vigilance. More caution and respect for GPDR’s regulations is thus urged from all companies dealing with data transfers. Undeniably, an increasing global scrutiny on data protection laws, demands such vigilance.
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