VTech has entrusted its European subsidiary, Snom Technology, to expand business product sales in Asia-Pacific (APAC). From April 2024 onwards, the German manufacturer will be responsible for all sales of VoIP telephones in the region, with Fabio Albanini, currently Head of International Sales for EMEA, now also in charge of this new area.
In a notable development, Vodafone has agreed to sell its operations in Italy to Swisscom, the Swiss telecommunications giant, for €8 billion, marking a significant shift in its business strategy. This sale is part of a broader effort by Vodafone to restructure its operations across Europe, aiming for a stronger, more focused presence in growing markets.
VMO2 faced a substantial loss of £3.3 billion in 2023, worsened by a £3.1 billion goodwill impairment rooted in increased capital costs. While their debt soured under challenging economic conditions, they still managed to attract 64,000 new broadband and 47,000 mobile customers. Nevertheless, revenues witnessed a slight tumble as consumer fixed income dipped and the B2B sector lagged.
Broadband for the Rural North (B4RN) is making waves in connectivity by enhancing its network backhaul speeds to a staggering 400Gbps. This progress, ten times that of its previous capacity, paves the way for improved bandwidth, latency reduction, and an entirely modernized scope of rural connectivity.
Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.
In a collaborative effort to bolster marine conservation initiatives, Orange Business, the business-to-business (B2B) segment of a prominent European telecommunications group, has joined forces with Tēnaka, an organization dedicated to safeguarding marine ecosystems. The partnership aims to enhance coral reef restoration within a Marine Protected Area of the Coral Triangle in Malaysia, focused on the protection and preservation of wildlife.
In a strategic move to enhance their presence in the North West of England and the Midlands, Freedom Fibre and VX UK have announced a merger, forming a new entity named Freedom Fibre Limited. The combined operation will cover a substantial footprint of 285,000 premises, with Neil McArthur, founder and CEO of Freedom Fibre, leading the helm along with the current senior leadership team from Freedom Fibre.
In a groundbreaking move, Iliad and Vodafone are set to join forces in a strategic merger that has gained unanimous support from Iliad’s board of directors and its primary shareholder, Xavier Niel. The proposal aims to amalgamate Iliad’s ‘innovative approach to connectivity, affordability, and digital inclusivity’ with Vodafone’s expertise in the business-to-business (B2B) sector.
Distinguished selections, momentous awards, and unprecedented telecom innovations marked the recent proceedings. Notably, Telia Company’s Global IoT Connectivity solution won the B2B Service of the Year, while PT Telekomunikasi Selular took laurels in the Digital Transformation Programme category.
As Algar Telecom turns 70, the prominent Brazilian ISP continues to seize market share amidst 10,000 competitors. Serving 1.5 million customers across Brazil, they masterfully intertwine fiber broadband, wireless, and content services, satisfying the divergent needs of B2B and B2C consumers. The strategic blend of high-tech infrastructure and seamless customer experience propels Algar’s journey, pivoting on the indomitable broadband, termed as the “cardinal element”. Additionally, foreseeing the potential of the imminent 5G rollout, Algar’s game plan involves marrying fixed-line connectivity with wireless services, laying a robust groundwork for the future.
