Verizon raised its full year earnings forecast after strong service revenue and broadband growth in Q2. Despite losing wireless subscribers, gains in fixed broadband and wireless access helped offset declines.
Reliance Jio’s impressive achievement of 213 million 5G subscribers by June signifies the telecom giant’s strong presence in the competitive 5G market. Jio’s cloud-native 5G stack has accelerated this growth, paving the way for international expansion.
Vodafone Germany has ingeniously transformed a traditional advertising column into a 5G antenna site in Stuttgart, kickstarting a project to enhance urban mobile coverage. Utilizing Ericsson antennas and fiber optic backhaul, it offers 500 Mbps speeds. This innovation expands Vodafone’s 5G network seamlessly, avoiding the challenges of building large cell towers.
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.
EXA Infrastructure sets a new benchmark in digital connectivity by launching the first new North Sea subsea cable in 25 years. This 1,200 km fibre route, including a critical 115 km subsea segment, connects London, Frankfurt, Amsterdam, and Brussels, enhancing Europe’s capabilities.
CityFibre has secured a remarkable £2.3 billion funding to accelerate its expansion in the UK’s altnet market. This financial boost includes £500 million in new equity and a £960 million debt extension, aiming to strengthen CityFibre’s position against competitors like Openreach.
Google has announced Sol, a new undersea cable linking Florida to Spain with stops in Bermuda and the Azores. Aimed at boosting global cloud infrastructure, the project lacks key details but is expected to go live in 2026.
The DOJ has approved T-Mobile’s $4.4 billion acquisition of UScellular’s wireless business, citing limited competition risks despite market concerns. UScellular’s declining performance and lack of scale were key factors. While critics question the deal’s long-term impact and the viability of a fourth national carrier, the FCC maintains jurisdiction over spectrum sales.
Bell Canada has sold its stake in MLSE to Rogers, using the proceeds to fund its expansion into the US fibre market. The move aligns with Bell’s strategy to focus on fibre and 5G while retaining key sports content rights through TSN.
