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Telefónica
Telecom News

Telefónica sells its fiber assets in Colombia

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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…

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Hollow core fiber
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BT trials Lumenisity hollow core fiber

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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…

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Telecoms company Entegro opens new fiber network and design center

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Entegro, an Irish tech company which designs and deploys fiber and hybrid gigabit networks, has announced the opening of its new Fiber Network Design Centre of Excellence. Based in the Danville Business Park on the edge of Kilkenny City, Ireland, the company’s new facility is set to create 50 jobs over the next 18 months. Currently employing 100 people, Entegro said it has immediate vacancies for planning and design, fiber planning, GIS and other engineers. “We’ve nine different nationalities working on our 100-strong team here in Kilkenny, at our Dublin hub and in the UK,” said Fintan Shortall, Director of Business Development at Entegro. “From our headquarters in Kilkenny we’re building networks across Ireland, the UK and into the US. We’ve built a very strong team and together, we will significantly increase our turnover.” Jim Doyle, Managing Director at Entegro, underscored that the company is passionate about delivering network…

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Telecom News

Cooperation between HGC and China Telecom in optical fiber connection

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China Telecom (China Telecommunication Corporation) and HGC (formerly Hutchinson Global Communication) will be working together in building a carrier-to-carrier fiber optic connection on the Hong Kong-Zhuhai-Macau Bridge. HGC, founded in 1992 under British ruling, is the leader in fixed-line operators. It also has an extensive number of infrastructures outside of Hong Kong. It is also one of Hong Kong’s main Wi-Fi provider with 29,000 hotspots. It is now owned by I Square Capital, under Asia Cube Global’s infrastructure. On the other hand, China Telecom is the most important state-owned telecommunication company in China. It manages the third largest broadband network in the world. Their internet offers has 160 million subscribers, and the customers’ number of their mobile service is 260 million. This Bridge connects Zhuhai, up north Macau, Macau itself and Hong Kong. It is set to open for vehicles on July 1rst 2018. It will also be used for…

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