PJT Partners sets out to scrutinize UK telecom operator, KCOM’s business strategy, a move that could trigger significant changes like a sale or merger. This arises from previous disclosures regarding the potential interest of CityFibre and Virgin Media O2 in purchasing the uniquely positioned company that operates independently of BT’s Openreach network.
Vodafone Idea is initiating one of India’s largest follow-on public offerings, seeking to amass roughly $2.16 billion. Placing the firm under pressure is its struggle against a decreasing market share and encumbering debt, the result of fierce competition within India’s telecommunications industry. Despite currently being hindered by its financial situation to invest in network enhancements, expectations linger for the telecom’s debut of 5G services by year’s end.
Vodafone Germany is set to reduce its workforce by 2,000 in the next two years as part of a cunning organizational restructuring strategy. These significant shifts aim to transform the telecom titan into a “simpler, faster, leaner, and more powerful” operation.
RDK Management (RDK) today announced that it has joined the Wireless Broadband Alliance (WBA) and that the two organizations’ members plan to collaborate on industry-wide initiatives such as Operator Managed Wi-Fi, Wi-Fi 7, and IoT. RDK and WBA share many common members across broadband operators and technology companies that are committed to deploying RDK for Broadband (RDK-B).
Enreach, Europe’s leading provider of converged contact solutions, announced that it has expanded its Voice for Microsoft Teams features to customers in 80 countries. The extension is the result of Enreach’s partnership with SIPPIO, which delivers Microsoft Teams services to customers around the world.
In a significant move aimed at reducing its hefty debt, Altice has decided to offload its French media operations to the maritime giant CMA CGM for €1.55 billion. The deal, structured as a cash transaction, sees CMA CGM acquiring an 80% share, while the remaining 20% goes to Merit France, a holding company related to the shipping group. This strategic sale encompasses Altice Media, the parent company of the well-regarded news channel BFM and RMC, a radio broadcaster.
In a significant move to ensure the smooth transition of landline services to Voice over Internet Protocol (VoIP), the UK government has announced an expansion in the roster of telecommunications companies committed to safeguarding vulnerable customers. The initiative, led by the Department for Science, Innovation and Technology (DSIT), now includes Openreach, CityFibre, and several others, alongside initial participants like BT and Virgin Media O2.
Enreach, Europe’s leading provider of converged contact solutions, announced that it has unveiled its new Enreach Contact App Suite solution to partners and customers in Germany, the Netherlands, Spain and Latvia. The solution delivers the robust capabilities available within the Enreach Contact cloud communications platform, providing users with a seamless and consistent communications and collaboration experience across disparate mobile and desktop environments. Germany, the Netherlands, Spain and Latvia are the first markets to receive this new technology. Enreach plans to introduce the App Suite in other European markets throughout the year.
Ofcom’s Cristina Luna-Esteban has recently criticized renowned UK ISPs including BT, Sky, TalkTalk, and VMO2, regarding delays in finalizing a launch date for the One Touch Switching (OTS) system. This creates a dilemma, as extended delays restrict consumers from accessing easy and simplified ISP switching. OTS, initiated by Ofcom to streamline provider switches, experiences technical complexities pushing its initial deadline, causing a concern echoed by Ofcom’s Lindsey Fussell.
Airtel Africa is redefining its enterprise, anticipating to leverage Africa’s burgeoning digital sector with the advent of its novel fibre wholesaler, Telesonic. The subsidiary will harness the power of Airtel’s vast terrestrial fibre network, bolstered by the firm’s stake in the pan-African submarine cable, 2Africa.
