Truespeed’s rapid expansion brings ultrafast broadband to 75,000 properties, as its independent local alternative to big providers and robust full-fibre infrastructure fuel a 364% growth. Committed to bridging the digital divide, the coverage now extends to Somerset and Wiltshire, with a total investment of £134 million.
EQT’s acquisition of a 60% stake in a new company formed to own and operate Wind Tre’s fixed and mobile network assets promises innovation and growth for the Italian telecoms sector. While the deal is still awaiting regulatory approval, it highlights a broader trend in infrastructure monetization and strategic partnerships, paving the way for sustainable market competition.
Telefónica’s Q1 report boasts solid revenue growth and reaffirms 2023 financial guidance, driven by strong performances in Germany and Brazil. Net debt reduction and robust customer base growth signal financial strength, despite lukewarm market reception.
Vodafone welcomes e& as a major shareholder, forming a strategic alliance to enhance connectivity and digital services. With e&’s CEO joining Vodafone’s board, the collaboration paves the way for joint ventures in carrier, wholesale, roaming, and Open RAN technology.
Verizon’s innovative deal with infrastructure specialist Vertical Bridge promises accelerated 4G and 5G deployment in the US, showcasing a unique tower leasing model that fosters collaboration and transforms mobile tower management.
Virgin Media O2 reveals ambitious plans to expand its UK network, reaching 80% full fiber coverage and 50% 5G serviceability by year-end. Growth attributed to nexfibre joint venture and Q1 results showcase increased customer relationships amidst revenue fluctuations.
CRTC’s recent ruling mandates Canada’s major mobile network operators to provide MVNO access to regional competitors, aiming to accelerate competition and affordable options. However, this hybrid MVNO approach excludes smaller players without spectrum ownership or networks.
T-Mobile to acquire Mint Mobile for up to $1.35bn T-Mobile stated on Wednesday that it intends to purchase Ka’ena Corporation and its subsidiaries, including Mint Mobile, for up to $1.35 billion in cash and stock. The acquisition also includes wireless provider Ultra Mobile and wholesaler Plum. T- Mobile’s decision to pay a premium for the acquisition is thought to have been influenced by Ryan Reynolds, who fronts most of Mint Mobile’s marketing and holds an ownership stake in the company. According to CEO Mike Sievert, Mint Mobile’s innovative marketing approach, led by Reynolds, will be adapted to other sectors of T-Mobile. Reynolds is required to remain with the company for an unspecified amount of time under the terms of the agreement. Read the full article. Meta Platforms to layoff an additional 10,000 employees Meta Platforms is laying off 10,000 employees as part of its continued attempts to improve its financial…
Telinta, a global leader in cloud-based softswitch solutions for VoIP service providers, today announced several important enhancements to its white label Desktop Softphone and WebRTC solutions. Telinta’s brandable Desktop Softphone is a software application for Windows, Mac, and Linux computers, enabling VoIP service providers to offer both inbound and outbound VoIP calling, plus messaging. The company’s brandable WebRTC solution can be accessed by users via a convenient multi-language web-based portal, without the user needing to install software. New features added to these solutions include an optional Operator Panel and Busy Lamp Field (BLF), enabling an office receptionist to see at a glance if a team member with an extension on the same PBX is busy with an active call. Other features include both attended and unattended call transfers, placing calls on hold, SMS and free on-net messaging, phonebook, call history, do not disturb, and more. VoIP…
BT partners with Kyndryl for cloud migration of legacy mainframe apps BT has collaborated with Kyndryl to migrate its mainframe applications that underpin its legacy copper business and broadband cloud offerings. BT Digital, the division in charge of the company’s digital transformation, estimates that by 2026, the transfer will have reduced mainframe operational costs and energy usage by 70%. This will result in estimated annual savings of $23 million. The company’s cloud move will allow it to serve a smaller number of clients who still utilize their copper network and will enable BT to extract more value from the data housed in its older applications. Read more at: https://tinyurl.com/5t48r8hj Orange and Telenet wholesale deal gives hope of VOO acquisition approval Orange had planned to buy a 75% share in the Belgian operator VOO in 2021, but the company struggled to persuade authorities that the transaction would not hurt competition. A…
