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The Open RAN sector has experienced an unexpected loss as Tareq Amin, the CEO of Rakuten Symphony, unanticipatedly departed from the company.
Telco Buzz

Unveiling Symphony’s Future after Amin’s Sudden Departure

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As Rakuten Symphony’s CEO, Tareq Amin, unexpectedly departs, it heightens the mystery around the company’s subdued performance this year. Despite a promising start and securing a deal with Germany’s greenfield mobile operator 1&1, Symphony’s momentum appears to have plateaued. Yet a recent MoU with Veon to explore Open RAN solutions offers a beacon of hope. Amidst tricky market conditions and scarce major RAN deals, all eyes are now on acting president Sharad Sriwastawa to breathe new life into Symphony.

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Three UK has successfully implemented 100 4G sites as part of the Shared Rural Network (SRN), extending reach to UK's most remote areas.
Infrastructure

Bridging the Gap: Assessing UK’s Quest for Universal 4G Coverage

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Bringing 4G to the UK’s remotest realms, Three UK has established 100 dedicated sites through the Shared Rural Network (SRN). This initiative enhances coverage by around 2,800km2, reaching over 37,000 new premises. However, with the ambitious goal to extend 4G coverage to 95% of the country by 2025, one can’t help but ponder, is the UK on pace to meet this target? Participate in the discussion at the Connected Britain digital economy event.

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The UK government has unveiled a comprehensive plan to bolster the development of satellite communications across the nation.
Telecom News

UK’s CLEO Scheme: Bridging Digital Divide or Just Ambitious?

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The UK government’s ambitious Connectivity in Low Earth Orbit (CLEO) initiative aims to propel satellite communications development, backed by a sum of £160 million. With a main focus on Low Earth Orbit (LEO) satellite constellations, this programme holds potential to bridge the digital divide and boost economical growth. This initiative, however, still awaits the green light through regular approval processes.

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Despite the seemingly lagging global investment in standalone 5G networks, promising trends in the telecom sector indicate an upcoming surge.
5G

5G Standalone Networks: Slow Growth Meets Market Optimism

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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.

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e& has sealed an agreement to acquire marquee majority shares in PPF Telecom Group's telecommunication assets in specific European countries.
M&A

e& Expands European Telecom Presence with PPF Acquisition

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In a strategic move set to reshape telecommunications landscapes, UAE telecom consortium e& has inked a €2.15 billion deal to procure a significant slice of PPF Telecom Group’s European operations. This stakes in Bulgaria, Hungary, Serbia, and Slovakia come bundled with control over the local branches of telecom infrastructure divestment, Cetin. With an elaborate contingency payout plan incorporated, the deal also holds implications to the tune of €350 million over the next 3 years.

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Crown Castle has unveiled a restructuring plan that will reduce its workforce by approximately 15%, and result in about 750 job losses.
Telecom News

Crown Castle’s Restructuring Amid Telecom Challenges

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Crown Castle, focusing on a restructuring plan, intends to trim its workforce by 15% in response to telecom firms reducing investment. Alongside staff reduction, it will cease tower installation services while continuing to offer site development. Despite lowered earnings predictions, the second quarter of 2021 showed strong revenue growth, highlighting the company’s resilience in a challenging market.

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The UK's telecommunications sector received a substantial blow today, with Virgin Media O2 (VMO2) announcing a significant staff reduction plan following the publication of its Q2 results.
Telecom News

Virgin Media O2’s Strategic Workforce Reduction

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Unveiling the turbulence in UK’s telecommunications landscape, Virgin Media O2 (VMO2) unfolds its significant workforce reduction strategy. This controversial move, intertwined with dwindling customer base and towering debts, sets a profound impact on the telecom titan’s ascension in the telecom market. Yet, amidst customer attrition, VMO2’s sturdy quarter reports defied setbacks leveraging raised prices, raising critical discussions within the industry.

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In a step towards introducing quantum systems to its customers, T-Systems, the IT arm of DT, is partnering with IQM Quantum Computers.
Telecom News

T-Systems and IQM: Shaping Quantum Services for Cloud Clients

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Taking dynamic major strides in the quantum computing sector, T-Systems, Deutsche Telekom’s IT wing, is partnering with IQM Quantum Computers, offering its customers unique access to the complexities and potential of IQM’s quantum infrastructure. Leveraging the power of quantum mechanics and harnessing the elusive ‘qubits’, this promising collaboration forms a critical intersection of cloud technology and quantum computation, manoeuvring towards transformative problem-solving capabilities.

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Amitié
Telecom News

Amitié Subsea Cable’s Impact on Transatlantic Connectivity

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Unprecedented in telecommunications, the Amitié subsea cable system, an alliance effort of Aqua Comms, Meta, Microsoft, and Vodafone, provides a major boost to international connectivity. This groundbreaking line, stretching an impressive 6,783 km, links Boston directly with Europe, heralding a new era for cross-continental communication. Equipped with unmatched versatility and a notable capacity of 400 Tbps, this project paves the way for a more connected digital future globally.

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The UK government recently introduced a new business council, consisting of fourteen chief executives from major industries.
Telecom News

Navigating Economic Change: Telecom Giants Influencing UK Policy

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The UK’s newly established business council brings together heads of fourteen industry behemoths like AstraZeneca, NatWest Group, and Vodafone, offering insights to the Prime Minister on critical economic matters. It’s interesting that Google DeepMind is the only exception to the FTSE 100 list; also significant is the vocal Vodafone inclusion, led by CEO Margherita Della Valle, along with the impending departure of BT’s CEO Philip Jansen amidst a period of shrinkage. The absence of SME representation on the council has fueled criticism, underscoring the complexity and potential bias in shaping Britain’s economic future.

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