UK AltNets Freedom Fibre and VX Fibre Announce Strategic Merger Freedom Fibre and VX Fibre, both prominent UK alternative network providers, have announced their merger, solidifying their position in the market. The combined entity, operating under the name Freedom Fibre with CEO Neil McArthur at the helm, will boast a network spanning 285,000 premises. Freedom Fibre, established in 2020, specializes in wholesale-only services and maintains a strategic partnership with major UK broadband provider TalkTalk. With market consolidation gaining traction, this move is seen as a strategic merger to enhance business strength, diversity, and growth ambitions. Read full article. IBM Acquires StreamSets and webMethods for €2.13 Billion IBM has revealed its €2.13 billion cash acquisition of StreamSets and webMethods platforms from Software AG, majority owned by Silver Lake. These acquisitions, integral to IBM’s focus on AI and hybrid cloud, enhance application modernization and AI deployment capabilities. StreamSets contributes data ingestion capabilities…
Nokia’s augmentation of its Drones-as-a-Service venture promises new opportunities in North America by providing industries with various business solutions using drone technology. Options range from purchasing to leasing or sharing drones, creating opportunities for revenue streams in a broad spectrum of industries. These robust drones, deployed via 4G/LTE or 5G connections, can perform diverse tasks like remote surveillance and hazardous area inspections.
In a long-anticipated move, telecommunications giants Digi, Orange, and MasMovil have finalized agreements as part of their ongoing merger negotiations. The trio is seeking the European Commission’s approval to resume the halted approval process, which stalled in July.
In collaboration with Ericsson and Qualcomm, T-Mobile, renowned as the ‘uncarrier,’ has undertaken a groundbreaking 5G standalone (SA) test, showcasing the potential of its millimeter-wave (mmWave) spectrum. The test utilized an impressive eight channels, achieving a peak download speed of 4.3 Gbps, with uplink channels combining to reach 420 Mbps.
In a collaborative effort organized by the National Institute of Information and Communications Technology (NICT), major Japanese companies DoCoMo, NTT, Sky Perfect JSAT, and Space Compass are set to pioneer direct-to-device (D2D) services utilizing flying base stations.
Elliott Investment Management criticizes Crown Castle’s underperformance, pushing for an overhaul, including a new leadership team and board. Boldyn Networks activates a ‘small cell’ near King’s Cross, partnering with EE to boost coverage and speed in London. AWS expands Amazon Bedrock with new generative AI features, including leading models, customization options, and safeguards. Windstream’s Kinetic is launching a $32.5 million fiber project in Georgia, partnering with an electric cooperative, aiming to connect 17,000 homes and businesses in Colquitt County.
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”), the Swedish and Danish operations of Cellnex Telecom (“Cellnex”), Europe’s largest independent operator of wireless telecommunications infrastructure, for a total value of c. EUR 730 million, of which EUR 558 million is recognized upfront.
EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, today announced the extension of its network in the Mediterranean, linking Crete with mainland Greece via a second diverse submarine route as part of its ongoing strategic investment to accelerate its customers growth.
Indosat Ooredoo Hutchison’s recent acquisition of MNC Play marks a strategic expansion into the fibre-to-the-home market, promising new options for customers and advancement in Indonesia’s digital transformation. Inclusion of MNC Play’s fibre optic network into the IOH portfolio fortifies their position in the market.
In an intriguing shift, Telefónica, the Spanish telecom titan, is exploring potential profits from selling its Tech unit, stirring up future predictions. Insider details reveal engagement with multiple financial institutions and a goal to retain majority control, a factor that might affect investor incentive. Amid this, the Tech division’s impressive financial growth and its strategic significance in enterprise technology are undeniable.


