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News Roundup

A quick roundup of the news in Telecoms | Week #51

By Vilija Simkiene December 22, 2023

UK AltNets Freedom Fibre and VX Fibre Announce Strategic Merger Freedom Fibre and VX Fibre, both prominent UK alternative network providers, have announced their merger, solidifying their position in the market. The combined entity, operating under the name Freedom Fibre with CEO Neil McArthur at the helm, will boast a network spanning 285,000 premises. Freedom Fibre, established in 2020, specializes in wholesale-only services and maintains a strategic partnership with major UK broadband provider TalkTalk. With market consolidation gaining traction, this move is seen as a strategic merger to enhance business strength, diversity, and growth ambitions. Read full article. IBM Acquires StreamSets and webMethods for €2.13 Billion IBM has revealed its €2.13 billion cash acquisition of StreamSets and webMethods platforms from Software AG, majority owned by Silver Lake. These acquisitions, integral to IBM’s focus on AI and hybrid cloud, enhance application modernization and AI deployment capabilities. StreamSets contributes data ingestion capabilities…

Broadband

Global Fixed Networks Surge with Speeds, US Holds Strong

By Aiste Kryzanovske December 22, 2023

In the third quarter of 2023, Ookla Speedtest Intelligence data reveals a robust global uptrend in fixed network speeds. The median download speed for fixed networks worldwide reached an impressive 83.95 Mbps, marking a substantial 19% increase from 70.3 Mbps in the same quarter of 2022.

Market Watch

FCC Upholds Decision to Withhold Starlink Funding Amid Speed Concerns

By Aiste Kryzanovske December 18, 2023

SpaceX’s Starlink project faced a setback this week as the Federal Communications Commission (FCC) voted 3-2 to maintain its decision to deny funding from the Rural Digital Opportunity Fund (RDOF). The initial award in late 2020 aimed to extend broadband coverage to nearly 643,000 premises in 35 states.

Telco Buzz

TalkTalk’s Takeover of Shell Energy Telecoms: Unraveling the Impact

By Kamile Bigenyte December 15, 2023

TalkTalk is poised to acquire Shell Energy’s telecoms clientele from the Octopus Energy Group, marking a development that could impact an estimated 480,000 broadband customers. Delving into the sidelines of this development, continual transformation seems a heartbeat in the telecoms market.

M&A

Digi Nears Merger Approval with Orange and MasMovil

By Kamile Bigenyte December 14, 2023

In a long-anticipated move, telecommunications giants Digi, Orange, and MasMovil have finalized agreements as part of their ongoing merger negotiations. The trio is seeking the European Commission’s approval to resume the halted approval process, which stalled in July.

Broadband

EPB Launches Affordable 2.5-Gig Internet in Chattanooga

By Kamile Bigenyte December 14, 2023

EPB, the city-owned broadband provider, has launched a new 2.5-gig residential internet service, expanding its symmetrical speed offerings on the fiber optic network. Priced at $97.99 per month, the 2.5-gig service comes with the installation of EPB’s Wi-Fi 6e router and is available across the service area. VP Katie Espeseth emphasized EPB’s commitment to diversifying network options, with an eye on providing service up to 25-gig.

Telco Buzz

FCC Reaffirms Starlink Funding Denial: A Balanced Evaluation

By Kamile Bigenyte December 14, 2023

The FCC recently reiterated its denial of Starlink’s bid to gain nearly $900M in support from the Rural Digital Opportunity Fund program. Despite Starlink’s impressive technology, FCC Chairwoman Jessica Rosenworcel questioned the wisdom in subsidizing the still evolving tech until 2032. Starlink had initially received the lofty sum in a 2020 auction but was later deemed inadequate in verifying its capabilities.

Broadband

Fiber Internet Surpasses 51% of U.S. Homes, Sets Record Growth

By Kamile Bigenyte December 12, 2023

A recent report by the Fiber Broadband Association (FBA) reveals that fiber internet has now reached over half of U.S. households, surpassing 51.5% of primary homes. The survey, conducted by RVA LLC Market Research and Consulting on behalf of FBA, highlights 2023 as a record-setting year for annual fiber-to-the-home growth, with network operators connecting an unprecedented nine million new homes.

Telco Buzz

Virgin Media O2 Boosts Digital Inclusion and Affordability Initiatives

By Kamile Bigenyte December 11, 2023

In a bid to promote digital inclusion and ease the financial burden on its customers, Virgin Media O2, the UK’s second-largest telecoms operator, has taken significant steps to raise awareness of social tariffs. The company, with a customer base of 5 million broadband and TV users, is now including information on its Essential Broadband and Essential Broadband Plus tariffs in the monthly bills of all its customers.

News Roundup

A quick roundup of the news in Telecoms | Week #49

By Kamile Bigenyte December 8, 2023

ITU announced a 6G framework, advancing global standards with a focus on spectrum bands, capabilities, and use cases. Eutelsat OneWeb and Imperial College are teaming up to transform space weather monitoring. Google launched Gemini AI model with flexibility to process diverse data types. SoftBank acquires 51% of Cubic Telecom, forming a strategic partnership for software-defined connected vehicles.