Telefonica is retreating from Latin America, selling its 99.3 percent stake in Telefonica del Peru to Integra Tec for under $1 million. The deal highlights the unit’s financial struggles and heavy debts. This move is part of Telefonica’s wider shift toward European and Brazilian markets, reshaping its global strategy.
Vodafone and Three are exploring a Pay-TV service bundled with broadband, phone, and mobile plans. This comes after their £15 billion merger, aiming to capture a broader audience. Competing against Virgin Media O2 and BT, they’re leveraging existing expertise from Germany and the Netherlands to navigate shifting preferences towards streaming.
The Philippines’ NTC has denied NOW Telecom’s appeal to extend its mobile license after the company failed to meet rollout targets—deploying just 6 of 2,306 promised base stations. Regulatory non-compliance and unpaid spectrum fees totaling PHP 3.57 billion further sealed its fate.
The UK’s major mobile operators are challenging Ofcom’s proposed changes to spectrum annual license fees. Despite a proposed 21% reduction in fees for the 900MHz and 1800MHz spectrums, and a 12% increase for the 2100MHz band, operators argue the fees are still too high.
Rogers Communications has secured a CAD $7 billion equity investment from a Blackstone-led group, gaining capital to reduce debt and strengthen its balance sheet. The deal grants Blackstone a 49.9% stake in a Rogers subsidiary managing wireless infrastructure, while Rogers retains control—marking a strategic move post-Shaw acquisition.
Equinix has named Harmeen Mehta as Chief Digital and Innovation Officer, aiming to elevate digital transformation and innovation. With nearly three decades of experience, Mehta will align tech with strategy to drive growth and customer value. Previously at BT Group, she led AI-driven improvements and brings a strong leadership background.
Spanish tower operator Cellnex is eyeing the sale of its majority stake in Swiss operations, potentially valuing up to €2 billion. This move is part of a strategic shift towards consolidating its core European markets for increased focus and efficiency.
Comcast Business has made a strategic leap by acquiring Nitel, a leading Network-as-a-Service provider. This move strengthens Comcast’s position in enterprise networking and managed services, enhancing its capability to compete with industry titans like AT&T and Verizon.
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.
