The Italian government’s decision to acquire a stake in TIM’s NetCo operation could smooth the path for its sale. Undoubtedly, this move will give the government a stronger voice in future strategic decisions. Despite initial concerns regarding the re-nationalization of certain telecom assets, the involvement of the state-owned Cassa Depositi e Prestiti in the process and the pending approval from the EU suggest that there is a potential for a favorable outcome for TIM. Yet, potential hurdles include the disagreement over asset valuation with the French firm Vivendi.
Despite the seemingly lagging global investment in standalone 5G networks, promising trends in the telecom sector indicate an upcoming surge. With minimal progress indicated by Global Mobile Suppliers Association’s statistics, the industry pins hopes on major moves from operators like New Zealand’s Spark and Vodafone. Meanwhile, the increasing adoption of 5G SA in private networks for various sectors shows an encouraging forecast. The journey towards profitable 5G investments seems complex, yet strides are being made in the right direction.
Vodafone UK launches an industry-first initiative offering customers battery replacements for three years and continued coverage for manufacturing defects. This ‘lifetime service promise’ extends to both new and refurbished handsets, provided an active Vodafone Pay Monthly Airtime Plan is in place. Innovatively eliminating inconvenience, a battery diagnostic tool within the Vodafone app allows customers to easily confirm if their device requires a battery replacement.
In this dynamic digital era, telecom stakeholders are exploring innovative ways to connect people, homes, industries with machines and vehicles. Huawei’s Li Peng emphasizes creating value with 5G, citing its ability to deliver higher traffic, extensive connectivity, reliable latency, and multifaceted cloud services.
TIM enters exclusive negotiations with KKR for its network assets sale, navigating regulatory hurdles and Vivendi’s opposition. Will the deal reach a successful conclusion?
TIM explores offers for its Enterprise business, valuing the unit at over €6 billion, while the board evaluates bids for network assets. With the company’s gross financial debt nearing €32 billion, maximizing value is crucial. KKR emerges as a frontrunner, as anticipation builds for exclusive discussions lasting until late August or early September.
Telekom Austria advances in spinning off its towers business, appointing Ivo Ivanovski and Lars Mosdorf as future leaders. Tasked with preparing a Vienna listing in H2, the duo will oversee 12,900 towers potentially worth billions, enhancing Telekom Austria’s asset monetization.
OneWeb partners with Speedcast and F. Laeisz to launch a maritime connectivity service, providing hybrid satellite solutions to improve connectivity in remote polar regions, advancing the benefits of multi-path, multi-orbit technologies.
The CDP/Macquarie consortium reportedly withdrew their bid for TIM’s NetCo, leaving KKR as the sole contender. The uncertain outcome hinges on satisfying major shareholder Vivendi’s valuation expectations and resolving potential antitrust concerns, with a complex road ahead.
Vonage secures a Top Customer Sentiment Award for Contact Center as a Service from Metrigy, tied for the highest overall score among 27 providers. Praise includes technical features, reliability, integrations, and AI capabilities, highlighting Vonage’s innovative approach to customer engagement.