Germany is investing €5 billion in a new semiconductor manufacturing facility in Dresden through the European Semiconductor Manufacturing Company (ESMC) initiative. The facility will leverage advanced technologies like FinFET and aims to reduce Europe’s dependence on U.S. and Chinese semiconductor imports. This strategic move promises to enhance Germany’s role in the global semiconductor industry.
Maxis and Huawei collaborate to advance 5G in Malaysia, launching a Joint Innovation Centre. Telecom Italia exits Inwit, selling its final stake for €250 million. Oracle partners with AT&T to integrate IoT connectivity into its platform. TalkTalk secures a £400m lifeline amid financial struggles and leadership changes.
Amazon has achieved its 100% renewable energy goal seven years ahead of schedule, powering all its operations with sustainable energy. Recognized by Bloomberg NEF as the largest corporate buyer of renewable energy, Amazon has invested in over 500 solar and wind projects worldwide. This commitment significantly advances global sustainability initiatives.
Deutsche Telekom is enhancing its global IoT presence through a new agreement with the Bridge Alliance. As the first European telecom giant in this consortium, Deutsche Telekom aims to streamline IoT solutions for both Asian and European markets. Their combined expertise promises superior connectivity and simplified procurement processes.
The UK Competition and Markets Authority has extended the deadline for its £15 billion Vodafone-Three merger investigation to 7 December. This delay highlights the broad scope and technical complexity of the inquiry. Vodafone-Three merger promises significant benefits, such as enhanced competition and transformation of the UK’s digital infrastructure.
MasOrange, Spain’s leading mobile operator, is set to reduce Chinese equipment in its 5G network to mitigate geopolitical risks. From 2024, Huawei’s share will drop as Ericsson’s increases, targeting a full elimination by 2029. This transition ensures a robust 5G expansion, bolstering coverage across 100% of municipalities over 10,000 residents.
Cellnex is nearing the sale of its Austrian operations, with multiple offers on the table and advanced negotiations underway. This news, alongside strong first-half financial results, boosted investor confidence despite a net loss of €418 million. The sale is part of Cellnex’s strategy to divest non-core assets and focus on debt reduction and organic growth, resulting in improved revenues and reduced net debt.
The German government’s significant boost to its fibre network funding from €12 billion to €38 billion aims to accelerate fibre infrastructure rollout and extend aid until 2028. This increased funding empowers local authorities to deploy or outsource fibre networks, addressing Germany’s lag in fibre penetration.
Hrvatski Telekom is set to revolutionize Croatia’s largest shipping hub with a private slice of its public 5G network at the new Port of Rijeka. This initiative, in collaboration with APM Terminals and ENNA Group, will integrate advanced 5G technology to support remote-controlled operations, enhancing environmental responsibility and operational efficiency.
Vodafone Group has strategically sold a 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion). This aligns with Vodafone’s targets to reduce net debt. Vantage Towers manages 84,600 tower sites, enhancing coverage with small cell systems. The divestment strengthens Vodafone’s financial health while prioritizing debt reduction over asset control.
