Three UK’s latest financial report reveals a concerning swing to a loss, underscoring the company’s pressing need for a merger with Vodafone, as articulated by its chief executive. Despite experiencing growth in both revenue and customer base last year, the mobile operator faced increased capital spending and operating costs, leading to its first earnings loss in over a decade. This financial downturn has been a pivotal factor in advocating for the proposed merger with Vodafone, according to Three UK’s CEO, Robert Finnegan.
Vodafone has announced an ambitious plan to launch 300 Business IT Hubs across the UK, aimed at empowering small and medium-sized enterprises (SMEs) with comprehensive IT and communication solutions. This initiative seeks franchise partners to establish these hubs, which will function as independent entities under the Vodafone brand, providing localized IT support.
The Federal Communications Commission (FCC) has breathed new life into a stalled initiative aimed at extending 5G network coverage to America’s rural areas. The rejuvenated program, named the 5G Fund for Rural America, seeks to allocate $9 billion over the next decade to bring 5G connectivity to 14 million homes and businesses in regions currently overlooked by operators due to financial impracticalities.
In a significant development for digital infrastructure, the United Kingdom has emerged as a leader in the expansion of full fibre networks across Europe. Recent statistics have highlighted the country’s swift advancement in deploying fibre to homes, surpassing all European counterparts in the annual growth rate. Over the past year until September 2023, the UK has extended its fibre network to an additional 4.7 million households.
RDK Management (RDK) today announced that it has joined the Wireless Broadband Alliance (WBA) and that the two organizations’ members plan to collaborate on industry-wide initiatives such as Operator Managed Wi-Fi, Wi-Fi 7, and IoT. RDK and WBA share many common members across broadband operators and technology companies that are committed to deploying RDK for Broadband (RDK-B).
In an ambitious move following its planned merger with Three UK, Vodafone has announced a significant enhancement of its network capabilities across Scotland, targeting a comprehensive deployment of 5G Standalone (SA) technology. By 2034, the telecom giant aims to cover 89% of Scotland with this advanced network, promising a substantial boost in national productivity valued at approximately £9 billion by the end of the decade.
Enreach, Europe’s leading provider of converged contact solutions, announced that it has expanded its Voice for Microsoft Teams features to customers in 80 countries. The extension is the result of Enreach’s partnership with SIPPIO, which delivers Microsoft Teams services to customers around the world.
A cutting-edge initiative partnered with South Tyneside Council aims to transform a port into an innovation hub in the maritime sector utilizing 5G cameras and IoT sensors. This endeavor, backed by a £37 million grant from the Department for Science, Innovation and Technology, is set to pilot electric port operations, advanced transportation systems, live streaming, and smart farming.
In a groundbreaking move, Türk Telekom in collaboration with ZTE, has successfully completed a 50G PON trial in Turkey, marking a significant stride in the evolution of networking technology. This trial not only showcased the ability to achieve downstream speeds surpassing 50 Gbps over a single fiber but also demonstrated compatibility with existing PON generations within Türk Telekom’s infrastructure, setting a precedent in Europe.
LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, expands its presence in India with a dedicated 24/7 support center for eligible customers and launch of its leading cloud-native security information and event management (SIEM) platform, LogRhythm Axon. The strategic expansion enables Indian organizations across industry verticals to enhance their cybersecurity maturity as global cyberthreats become more sophisticated and diverse.