The UK’s efforts to modernize its public sector with AI face significant challenges, according to a report by the Public Accounts Committee. Issues like fragmented data, outdated technology, and a skills shortage hinder progress, casting doubt on Prime Minister Keir Starmer’s pledge.
Spain has invested €13.8M in Sateliot to enhance its LEO satellite constellation for defense, security, and logistics. With €58.8M raised in its Series B round, plus a €30M EIB loan, Sateliot aims to revolutionize global IoT connectivity via 5G satellites, targeting €1B revenue by 2030.
Helios Towers achieved its first positive cash flow in 2024 by prioritizing colocation over new builds, boosting revenue and raising adjusted EBITDA by 14% to $421 million. CEO Tom Greenwood emphasized a $100 million free cash flow gain and a focus on increasing tenancy ratios to 2.2x by 2026 while reducing debt for sustainable growth.
Millicom International Cellular is set to acquire Telefonica’s Colombian operations for $400 million, including a 67.5% stake in Coltel. The deal, pending regulatory approval, could reshape Colombia’s telecom market by merging the country’s second and third-largest operators.
Indian telecom giant Jio Platforms has partnered with SpaceX to bring Starlink’s satellite internet to India. This collaboration aims to enhance high-speed internet access across remote areas, supporting Jio’s mission to provide reliable broadband to businesses, enterprises, and communities.
Vodafone UK and Ericsson have successfully harnessed innovative sleep mode technology to cut energy consumption at 5G and 4G sites. This eco-friendly approach lowers costs and carbon emissions by powering down during low-demand periods.
Telefónica has confirmed the $1.25 billion sale of its Argentina operations to Telecom Argentina, aiming to reduce debt and streamline operations. While Telecom plans to expand broadband and 5G, concerns arise over market dominance, prompting regulatory scrutiny.
Indian billionaire Sunil Mittal sold a 0.84% stake in Bharti Airtel for $976 million, with 25% going to Bharti Telecom to strengthen its control. The rest was acquired by major investors like GQG Partners and Fidelity.
Indus Towers has expanded its portfolio by adding over 16,000 towers through agreements with Bharti Airtel and Bharti Hexacom. This acquisition strengthens Indus Towers’ position in India’s telecom sector
Boldyn Networks has secured a $1.2 billion debt facility to expand its services for enterprise growth. This significant investment reinforces Boldyn’s commitment to enhancing private 5G networks across North America.
