China sanctions US chipmaker Micron citing national security concerns, escalating tensions between the two nations. With implications for the IT and telecom sectors, alternatives may emerge from market leaders, fueling ongoing retaliation. How will this play out in the tech industry?
Eircom Fined €2.5 Million Due to Overcharging Its Customers The Irish Commission For Communications Regulation (ComReg) fined Eircom, owner of Eir mobile operator, €2.5 million for overcharging approximately 76,000 customers from 2015 to 2021. ComReg ruled that Eir must refund affected customers, totaling an estimated €6.7 million, equating to around €88 per customer. Eircom acknowledged a “broken bundle” issue and committed to identifying and reimbursing affected customers, although the process may take time. Eir plans to implement system updates, including a new billing system, to prevent similar problems in the future. The company aims to complete all agreed measures by the end of the year. Read the full article. TalkTalk Partners with CityFibre TalkTalk has formed a strategic partnership with CityFibre, enabling its wholesale customers to access CityFibre’s business Ethernet infrastructure. This collaboration is part of TalkTalk’s strategy to work with multiple providers and expand its product offerings. The move…
BT unveils plans to reduce workforce by 40% and expand FTTP network, aiming for millions more retail fiber customers and significantly increased 5G coverage. Amid mixed financial results, the company’s transformation strategy seeks a leaner structure and a brighter future.
Telecom operators worldwide tackle rising energy demands and stringent regulations by adopting renewables and innovative technologies. Transparency in green initiatives helps retain customers, while tailored energy strategies and efficient power systems promote sustainability in the industry.
Dell invests €2 million in Ireland’s Open Telecom Ecosystem Lab, aiming to collaborate with EMEA telecom firms on 5G and 6G innovations, boosting smart manufacturing and digital cities while promoting opportunities in network infrastructure.
Amid global economic transformation, network technologies hold vital importance as businesses prioritize cost-saving cloud computing and greener power consumption. Focusing on enhancing customer experiences impacts the development of the metaverse, enabling smart cities and new monetization opportunities. Connectivity, as a critical component, drives sustainable growth across industries.
South Korea’s Ministry of Science and ICT revokes SK Telecom’s 5G license in the 28 GHz band due to unmet rollout requirements, mirroring the fate of rivals KT Corp and LG U+ last year. This leaves South Korea without high-band 5G, as other countries advance in the mmWave ecosystem.
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.
MTN Considers Axian Telecom Bid MTN is considering a bid from Axian Telecom for its operating units in West Africa, specifically Guinea-Bissau, Guinea-Conakry, and Liberia. The potential deal is aligned with MTN’s ongoing efforts to reshape its portfolio, and the three units collectively account for 6.1 million of MTN’s customers and contributed to 0.7% of EBITDA. MTN’s first quarter financial results reported an 8.6% EBITDA growth and revenues of ZAR52.8 billion ($2.8 billion), a 15.6% YoY increase. With discussions with Axian Telecom still at an early stage, any announcement on a final agreement might not be expected soon. Read the full article. Deutsche Telekom Sees Q1 Success Deutsche Telekom (DT) has raised its earnings guidance for 2023 to around €40.9bn, up from its previous forecast of €40.8bn. This follows strong Q1 results, with the group’s US business T-Mobile US a key driver behind the raised forecast, having recently raised its…
Italian telecom giant TIM’s nine-year Power Purchase Agreement with ERG demonstrates a commitment to eco-friendly energy, sourcing 34% of its energy needs through PPAs, and targeting Net Zero emissions by 2040.
