Accenture has announced its agreement to acquire Fibermind, an Italy-based network services company specializing in fibre, 5G network deployment, and infrastructure engineering. This acquisition aims to bolster Accenture’s capabilities and extend its network services to clients in telecoms, utilities, and transportation sectors.
Lightpath, a prominent all-fiber connectivity provider, has announced its agreement to acquire most of United Fiber and Data’s (UFD) assets. This acquisition, pending regulatory approval, is anticipated to be finalized in the third quarter of 2024.
Google Fiber (GFiber) is expanding its Nevada network to include the City of Las Vegas, following its initial foray into the state earlier this year. In February, Clark County approved a franchise agreement, facilitating GFiber’s network deployment in the region.
Tillman FiberCo, LLC, a leading provider of fiber optic broadband infrastructure, has announced a significant expansion of its 100% Fiber-to-the-Premise (FTTP) network in Florida. The expansion aims to cater to the growing demand for high-speed internet access in various regions across the state, including Tampa Bay, Panhandle, South and Southwest Florida, and several major cities like St. Petersburg, Fort Myers, Naples, Pensacola, Miami, Palm Beach, Ft. Lauderdale, and Kissimmee.
AT&T exceeded expectations in the second quarter, gaining over 400,000 postpaid phone subscribers while outpacing Verizon. The company plans major fiber expansion, retiring copper networks and investing billions to reach 60 million locations by 2030, aiming to sustain long term growth and financial stability.
Sparkle has expanded its presence in Greece with a second Point of Presence in Thessaloniki, enhancing international connectivity for Greece and the Balkans. The new facility offers Tier 1 IP services, advanced security, and access to major cable systems, reinforcing Thessaloniki’s role as a digital hub.
Ericsson and Liberty Latin America’s launch of Costa Rica’s first 5G Standalone (SA) network represents a pivotal leap in Central America’s digital evolution. This transformative 5G infrastructure, powered by Ericsson’s revolutionary technology, spans over 1,400 sites, enhancing connectivity for 3.7 million subscribers.
Telenor has acquired GlobalConnect’s consumer network in Norway for NOK 6 billion, solidifying Telenor’s position in the fiber market. This acquisition brings 140,000 new customers and enhances Telenor’s digital services offerings.
AT&T has reached a major milestone in its fiber network expansion, serving over 30 million locations with ambitions of 60 million by 2030. Competing with Verizon and T-Mobile, AT&T’s acquisition of Lumen’s fiber operations boosts its reach, while strategic partnerships broaden coverage cost-effectively.
Colt Technology Services, Honeywell, and Nokia are partnering to develop quantum-safe satellite networking. By using quantum key distribution from low earth orbit, they aim to secure global data transmission against quantum computing threats, overcoming the distance limits of fiber optics.
