TIM’s CEO addresses concerns about ServiceCo’s sustainability after the potential spin-off of its network operations, highlighting unique businesses within, such as TIM Brasil, Enterprise, and Consumer. With ongoing NetCo sale negotiations, Telecommunications Italy seeks fair market value offers.
Orange expands its phone recycling program Orange, a French telecommunications company, is extending its “Re” program, which offers phone recycling, refurbishing, repairs and returns. Customers may drop off phones that are no longer in use at the store, and Orange says any income earned from recycling these old devices will be donated to the Emmaüs International network. The telecom company has stated that the initiative would be expanded to the rest of its European areas, which include Moldova, Slovakia, Romania and Spain. Read more at: https://tinyurl.com/yckkrmss Exoprise launches new monitoring solution for collaboration apps Exoprise, a Digital Experience Monitoring (DEM) service provider, has introduced the latest version of its Service Watch Desktop (SWD) platform. This product helps IT teams to successfully identify problems and forecast performance deterioration when using enterprise collaboration platforms like Microsoft Teams, Zoom, WebEx and Google Meet. Businesses may drastically reduce MTTR and total troubleshooting time by…
Following an internal reorganization, Telecom Italia (TIM) has signed a non-disclosure agreement (NDA) with the state investment bank Cassa Depositi e Prestiti (CDP) to begin talks on a possible merger of its fixed network with the state-backed company Open Fiber. This initiative is aimed at reviving a long-standing goal to establish a single fiber network company in Italy. The notion of combining the networks of the two businesses to create a single national broadband network for Italy has been discussed for at least two years. The government-owned CDP, which has a 60% investment in Open Fiber and a 10% stake in TIM, has long advocated for such an alliance . The government has determined that establishing a unified network will allow for a faster rollout of fiber technology, avoiding an overbuild and maximizing the use of European recovery funding. The decision comes as TIM CEO Pietro Labriola pushes…
Vodafone and Iliad are in negotiations to merge their respective businesses in Italy. Such a merger would provide advantages for both corporations in one of Europe’s most competitive markets and should be positive for the industry in general. Discussions between the two corporations are ongoing, and both sides are actively looking for ways to connect their separate businesses together in Italy. If the merger is approved, it will create a telecommunications giant with over 36% mobile market penetration and combined sales of nearly $6.80 billion. Vodafone and The Iliad both declined to comment on the negotiations. The talks take place as the local incumbent, Telecom Italia, continues to evaluate a $12.25 billion acquisition offer from US investor KKR aimed at taking Italy’s largest phone business private. Industry leaders have frequently recommended the pursuit of four-to-three telecom mergers, which may generate cost synergies and boost margins by reducing…
Spain’s leading telecommunications group, Telefónica, has announced the sale of a controlling stake in its fiber network in Colombia to a global investment company KKR. With the sale of this majority stake, the telecommunications company expects to reduce its debt by $169 million. As part of the agreement, KKR will hold 60% of the shares in the new Colombian fiber company, and Telefónica will retain the remaining 40% and contribute its existing fiber assets in the country. The new company will start operating with a fiber-to-the-home (FTTH) network, covering 1.2 million locations in 50 cities and municipalities and serving 380,000 customers by the end of the first quarter 2022. In three years, their goal is to reach 4.3 million sites in almost 90 cities. The deal between Telefónica and KKR values the new company at $500 million. This entity will be the first independent Colombian open access wholesale…
Orange considers buying infrastructure assets it sold almost two decades ago Orange is considering a probable purchase of the former telecommunications infrastructure unit TDF. The company sold TDF nearly two decades ago to lessen its debt. Orange is considering combining TDF with the recently established European mast company TOTEM, as infrastructure appraisals have recently increased with interest from investors such as the US private equity firm KKR and Spain’s Cellnex. TDF, previously known as Télédiffusion de France, operates TV and radio towers, mobile sites, as well as fiber infrastructure and related services through around 19,000 sites, of which 7,300 are active. Read more at: https://tinyurl.com/2etpjpjn AT&T to modernize U.S. DOT’s network AT&T and the United States Department of Transportation (DOT) have signed a 12-year, $175 million deal to assist DOT in upgrading its IP and voice infrastructure. AT&T will supply DOT with virtual private networking and secure cloud technology, together…
Vodia Networks, manufacturer of cutting-edge software-based telephone systems, has announced its 2021 Webinar schedule. A number of industry-leading companies will participate in the webinars, including CyberData, Fanvil, Quest Blue and Yealink. Each webinar will demonstrate the features and ease of use of the new version of Vodia’s industry-leading multi-tenant cloud PBX, version 67, which was released in February 2021. The webinars are designed for both resellers and end-users. “We’re excited about 67, particularly how perfectly it integrates with Microsoft Teams,” said Vodia CEO Christian Stredicke. “Our best-in-class cloud PBX is the telephony system SMBs need to thrive during these challenging times and going forward. We invite all of our partners and resellers to participate in these webinars, and to invite their customers as well. For SMBs interested in our cloud PBX, we are happy to connect you with an outstanding reseller in your area. Please join us for what…
Telefonica Deutschland Holding AG, the leading mobile operator in the German market, has announced an agreement to sell about 10,100 telecom sites to the group’s majority-owned tower infrastructure arm Telxius Telecom for EUR 1.5 billion. The acquisition deal includes 10,000 rooftop sites and up to 80 tower sites, as well as an obligation to build 2,400 new sites (BTS). This move will ensure the company’s exceptional future growth in Germany, Europe’s largest telecom market, where a robust deployment by operators is expected to improve mobile broadband coverage and secure the future deployment of 5G. Markus Haas, CEO of Telefonica Deutschland, said, “This is one of the largest and most important transactions in the history of Telefonica Deutschland. It represents an important milestone in focusing our business activities. We are pursuing a clear course based on our growth strategy. Within this strategy, we are focusing on further improving the quality of the O2 network for our…
Spanish telecom operator MasMovil agrees $3.3 billion private equity bid KKR, Cinven and Providence have made their Public Acquisition Offer for Spanish telecoms operator MasMovil. The three venture capital funds have proposed to pay EUR 22.5 per share of the telco, which is valued at almost EUR 3 billion. According to the statement, KKR, Cinven and Providence will pay a 20 percent premium on the current MasMovil share price. Meinrad Spenger, MasMovil Chief Executive, said that they have signed an agreement with the bidders on a deal which would be “beneficial for the shareholders and other stakeholders in the company.” Furthermore, the bidders noted that they would maintain continuity in MasMovil’s strategy, staff and executive team. Read more at https://tinyurl.com/y754vsc9 Google Cloud signs major UK government deal The technology giant Google Cloud has signed a Memorandum of Understanding (MoU) with the Crown Commercial Service (CCS) to make its cloud solutions…
