Virgin Media O2 reveals ambitious plans to expand its UK network, reaching 80% full fiber coverage and 50% 5G serviceability by year-end. Growth attributed to nexfibre joint venture and Q1 results showcase increased customer relationships amidst revenue fluctuations.
In an agreement with Altice Europe, Vodafone Group will roll out Fiber-to-the-Home in Germany as part of a €7 billion investment in its largest market. This collaboration complements Vodafone’s well-defined objectives for upgrading its current hybrid fiber cable network. According to a statement released by the two corporations on Monday, FibreCo, a 50/50 fiber partnership between Vodafone and Altice, will deploy fiber optic lines to as many as 7 million residences in Germany. Approximately 70% of the cost will be covered by debt raised by the new company. The transaction is scheduled to be completed in the first half of 2023. The transaction is thought to yield Vodafone up to €1.2 billion in cash proceeds from Altice, which is projected to exceed Vodafone’s portion of stock commitments. The profits include €120 million upon closure, up to €487 million in deferred payments as additional homes are connected, and another…
Spain’s Telefónica has announced that it will sell a portion of its rural fiber network to a group led by France’s Credit Agricole and Vauban for roughly 1 billion euros. According to a statement released by Telefónica, the financial group and the investment firm will buy a 45 percent stake in Bluevia, a provider of rural fiber, with a total valuation of 2.5 billion euros. Telefónica also stated that it anticipates the deal to be finalized by year’s end, subject to regulatory approvals. Bluevia is a platform for managing and deploying fiber networks in underserved rural parts of Spain in collaboration with networks administered by third-party operators. The transaction takes place less than a month after Telefónica established their dedicated neutral wholesale FTTH provider, which is primarily focused on connecting areas comprising Spain’s lowest population densities. As a neutral wholesaler, Bluevia will establish a fiber network in…
Following an internal reorganization, Telecom Italia (TIM) has signed a non-disclosure agreement (NDA) with the state investment bank Cassa Depositi e Prestiti (CDP) to begin talks on a possible merger of its fixed network with the state-backed company Open Fiber. This initiative is aimed at reviving a long-standing goal to establish a single fiber network company in Italy. The notion of combining the networks of the two businesses to create a single national broadband network for Italy has been discussed for at least two years. The government-owned CDP, which has a 60% investment in Open Fiber and a 10% stake in TIM, has long advocated for such an alliance . The government has determined that establishing a unified network will allow for a faster rollout of fiber technology, avoiding an overbuild and maximizing the use of European recovery funding. The decision comes as TIM CEO Pietro Labriola pushes…
NEC Corporation, along with its subsidiary OCC Corporation and Sumitomo Electric Industries, has stated that they have conducted the first testing of an uncoupled 4-core underwater fiber cable and confirmed its transmission performance to fulfill the stringent requirements of global telecommunications networks. International data usage is anticipated to increase by 30-40% by 2026, owing to reasons such as the expansion of 5G mobile data and the necessity to exchange ever more content between data centers located around the world. Submarine networks are using space division multiplexing (SDM) technology to fulfill this need, which increases the number of separate spatial channels to maximize the overall capacity of the system, decrease energy usage and minimize the cost per bit transferred. Multicore fiber is projected to increase the number of parallel optical fiber cores without changing the size and structure of underwater cables, allowing the introduction of second generation of submarine SDM…
T-Mobile US is experimenting with fiber broadband by launching a symmetrical gigabit fiber service in New York City. The service is offered for a fixed monthly fee, but the prices have not yet been announced. This service, which offers 940Mbps upload and download rates as well as a WiFi 6 router, is now being tested in selected Manhattan apartment buildings. The company is undertaking a very restricted trial with a third-party supplier to offer residential internet using fiber-optic lines from that partner rather than deploying its own lines. T-Mobile did not reveal the identity of its local partner. The decision to collaborate with a local broadband provider is consistent with T-Mobile’s well-known practice of leasing rather than constructing fiber for its cell sites. Because T-Mobile is not installing new fiber connections but rather utilizing those that are already in place, initial expenses are kept low, and T-Mobile is…
Telecom Italia (TIM) has inked a deal with the Italian branch of Xavier Niel’s Iliad to co-invest in TIM’s last-mile grid firm FiberCop in order to accelerate the deployment of fiber broadband lines in Italy. Under the terms of the agreement with TIM, Iliad will co-invest in FiberCop to assist in the development of the network that connects street cabinets to people’s houses. Iliad will receive access to Telecom Italia’s core fiber network, allowing it to provide ultrafast fiber-to-the-home (FTTH) connections to clients. According to TIM, the agreement validated FiberCop’s investment strategy, which aims to link 75 percent of Italy’s so-called grey and black zones, including cities and industrial districts, with FTTH connections at speeds of more than 1 gigabyte per second by 2025. The agreement’s financial terms were not disclosed. According to analysts, the FiberCop agreement might help TIM counter some of the heightened competitive pressure…
Spain’s leading telecommunications group, Telefónica, has announced the sale of a controlling stake in its fiber network in Colombia to a global investment company KKR. With the sale of this majority stake, the telecommunications company expects to reduce its debt by $169 million. As part of the agreement, KKR will hold 60% of the shares in the new Colombian fiber company, and Telefónica will retain the remaining 40% and contribute its existing fiber assets in the country. The new company will start operating with a fiber-to-the-home (FTTH) network, covering 1.2 million locations in 50 cities and municipalities and serving 380,000 customers by the end of the first quarter 2022. In three years, their goal is to reach 4.3 million sites in almost 90 cities. The deal between Telefónica and KKR values the new company at $500 million. This entity will be the first independent Colombian open access wholesale…
BT, the UK’s largest telecoms and network provider, has launched hollow core fiber trials at the BT Labs in Adastral Park, Ipswich, in a joint venture with Lumenisity, the University of Southampton’s spin-off company and Mavenir, the Open Radio Access Network (O- RAN) mobile carrier. The research is being carried out at BT’s research and engineering facilities, with the researchers using a 10-kilometer-long hollow-core fiber cable made by Lumenisity. This state-of-the-art network cable has a hollow, air-filled center that extends through the entirety of the cable. The hollow core fiber will be tested for a myriad of applications, such as the possible benefits to 5G networks and highly secure communications such as Quantum Key Distribution (QKD). Reducing the latency of hollow fiber light could provide immense benefits, including high-frequency trading and reduced mobile network costs. This joint venture has revealed that the usage of hollow core fiber can…
SSE Enterprise Telecoms, a UK-wide high capacity network and connectivity provider, has announced a new critical network contract with Jisc, a digital technology supplier for the education and research sector in the UK. The agreement includes the launch of the Janet South network and an extension of the UK Backbone network partnership, providing data-intensive research centres access to significant bandwidth and speeds of up to 100 Gbps. Colin Sempill, Managing Director, SSE Enterprise Telecoms, said: “Through utilising our expansive network and industry expertise, Jisc has been able to provide vital connectivity to some of the UK’s most critical education and research facilities. Thanks to our high capacity, low latency services these institutions can collaborate across the UK and the globe.” “We’re very excited to announce the launch of the Janet South Network partnership and further extension of the UK backbone network, which will keep vital institutions producing ground-breaking…
