Hyperoptic has secured a significant £150 million investment from the UK Infrastructure Bank (UKIB), accelerating their fibre-to-the-home rollout. This latest funding increases Hyperoptic’s total raised this year to £255 million, bringing overall funding to £1.1 billion. The investment highlights strong support for Hyperoptic’s mission to deliver ultra-reliable, hyperfast full fibre broadband.
Dutch operators KPN, Odido, and Ziggo have secured new 5G frequencies in a recent auction. The 174.4 million euro investment ensures cutting-edge capabilities for VoIP communications, benefiting sectors like healthcare and logistics.
Vodafone UK and Virgin Media O2 have announced a pivotal agreement to extend and enhance their mobile network sharing for over a decade. This transformative partnership, contingent on regulatory approval, promises significant improvements in network quality and coverage, benefiting millions of customers and boosting the competitive landscape of UK mobile markets.
The Netherlands’ telecommunications regulator has announced that KPN, Odido, and VodafoneZiggo each secured 100 MHz of spectrum in the 3.5GHz band, marking a significant step for 5G development in the country. This auction, raising €174.4 million, ensures advanced 5G services with enhanced network capacity and higher throughput, promising innovations for businesses and consumers alike.
Mitel, a global leader in business communications, has announced the launch of its Virtual Care and Collaboration Service (VCCS) in seven European countries: the UK, Belgium, France, Italy, Spain, the Netherlands, and Switzerland. The company plans to expand this service globally by the third quarter of the year.
India’s recent 5G spectrum auction concluded with disappointing results, generating significantly less revenue than anticipated. The auction ended after only seven rounds, raising INR113 billion ($1.35 billion), a stark contrast to the INR960 billion ($11.49 billion) reserve price set by the government.
Zoom has unveiled Workvivo by Zoom for its reseller partners, expanding access to the employee experience platform designed to streamline communication and boost engagement. This move follows Zoom’s acquisition of Workvivo in April 2023, aimed at enhancing its collaboration tools and providing innovative ways for businesses to keep employees informed and connected.
The US Commerce Department has prohibited the use of Kaspersky security software across the United States, citing national security concerns. The Bureau of Industry and Security (BIS) determined that Kaspersky’s cybersecurity products pose “unacceptable risks” to US national security and public safety.
Three UK has achieved a significant milestone in network sustainability through its collaboration with Ericsson, employing advanced AI-powered hardware and software. Over the past 18 months, the partnership has focused on modernizing Three UK’s network, significantly enhancing energy efficiency with cutting-edge technologies.
Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.
