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News Roundup

A quick roundup of the news in Telecoms | Week #20

By Aiste Kryzanovske May 19, 2023

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…

Telecom News

Connecting Europe and Middle East: ANDROMEDA Subsea Fiber Cable System Unveiled

By Aiste Kryzanovske May 18, 2023

Tamares Telecom partners with Grid Telecom to create ANDROMEDA, a subsea optical fiber cable system connecting Greece, Cyprus, and Israel, aiming to establish a new telecommunications corridor between Europe and the Middle East. This strategic alliance offers enhanced connectivity, network diversity, and low latency for wholesale customers across the region.

Infrastructure

EllaLink & EXA Infrastructure: Bridging Europe and South America’s Digital Gap

By Aiste Kryzanovske May 17, 2023

EllaLink and EXA Infrastructure join forces to offer a high-capacity, direct transatlantic data route, connecting Europe and South America for unprecedented network performance. Closing the connectivity gap, this collaboration strengthens Portugal’s position as a southern European digital hub.

Broadband

Truespeed’s Ultrafast Broadband Expansion: Bridging the Digital Divide

By Aiste Kryzanovske May 16, 2023

Truespeed’s rapid expansion brings ultrafast broadband to 75,000 properties, as its independent local alternative to big providers and robust full-fibre infrastructure fuel a 364% growth. Committed to bridging the digital divide, the coverage now extends to Somerset and Wiltshire, with a total investment of £134 million.

Telecom News

Metaverse Emergence: Telecoms’ Role in Business Transformation and Sustainability

By Aiste Kryzanovske May 16, 2023

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.

Telecom News

Sangoma and Telarus Alliance: Boosting Cloud Communications for SMBs and Enterprises

By Aiste Kryzanovske May 15, 2023

Sangoma Technologies Corporation partners with Telarus, enabling access to Sangoma’s cloud-based solutions for Telarus’s extensive partner network. This collaboration offers businesses modern communication systems and an affordable end-to-end solution.

Telecom News

Broadvoice’s b-hive UCaaS Platform: Bridging Enterprise Technology for Small and Mid-Market Businesses

By Aiste Kryzanovske May 15, 2023

Broadvoice’s b-hive platform earns the 2023 Unified Communications Product of the Year, offering small and mid-market businesses advanced UC technology and enterprise-level features. This innovative solution includes cloud PBX, unified communications, and integrations for popular platforms to enhance collaboration and commerce globally.

M&A

Viasat-Inmarsat Merger: Navigating Regulatory Hurdles and Shaping Satellite Communications Future

By Aiste Kryzanovske May 15, 2023

Viasat’s acquisition of Inmarsat advances as the UK’s Competition and Markets Authority grants unconditional approval, easing market competition concerns for in-flight Wi-Fi services amidst a rapidly evolving satellite communications sector.

Telecom News

KDDI-Rakuten Mobile Roaming Deal: Enhanced Coverage and Reduced Costs

By Aiste Kryzanovske May 15, 2023

Japanese mobile operators KDDI and Rakuten Mobile forge a new roaming agreement to boost network coverage, enhance connectivity, and reduce financial burden while streamlining 4G infrastructure utilization and 5G network rollout.

News Roundup

A quick roundup of the news in Telecoms | Week #19

By Aiste Kryzanovske May 12, 2023

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…