MS3 Networks, a leading full-fibre network operator, has achieved a significant milestone by surpassing 200,000 premises with its network build in the Hull and the Humber region of England. Over the past two years, the company has been rapidly expanding its network, with the additional achievement of connecting its 10,000th customer in Hull.
Swisscom has revealed that its Italian subsidiary, FastWeb, has sold its 4.5% stake in FiberCop to Optics BidCo, a subsidiary of KKR, for €439 million. FiberCop, formed in 2021 by Telecom Italia (TIM), KKR, and FastWeb, manages the ‘last mile’ fibre network, connecting homes to street cabinets.
BT Group has reported a slight revenue increase to £20.8 billion, a 1% rise from last year, driven by price hikes for broadband customers, robust sales of fibre products in Openreach, and growth in the consumer division. However, the company’s pre-tax profits dropped sharply by 31%, falling to £1.18 billion, despite a 2% rise in adjusted EBITDA, which reached £8.1 billion.
Cornerstone, a leading passive infrastructure provider managing Virgin Media O2 (VMO2) and Vodafone’s shared mobile network, is set to introduce a cutting-edge neutral host network utilizing smart street light technology in urban environments.The partnership between Cornerstone and Signify, a Netherlands-based company spun off from Philips in 2016, will leverage Signify’s BrightSites Broadband Luminaire products. These innovative LED streetlamps act as network extenders, supporting a mesh network using 60 GHz millimetre-wave (mmWave) spectrum to facilitate 5G connectivity.
Australia’s National Broadband Network (NBN) has marked a historic milestone by utilizing cutting-edge 100G PON technology to achieve speeds of 83 Gbps on its live full fibre access network. This breakthrough, claimed as a world first, signifies a significant leap in broadband capabilities for Australian consumers.
Rumors of a impending merger swirl around two of UK’s pivotal alternative network providers. Such union could massively boost FTTP coverage across the UK. Amid speculations of rapid network consolidation and shared investment, this collaboration signifies a vital shift in UK’s fibre market. However, the union also begets challenges in terms of subscriber transition and meeting regulatory deadlines.
Project Gigabit, an ambitious initiative from the UK government, is rapidly enhancing the nation’s digital connectivity across rural locales. Recent updates from this £5 billion venture depict encouraging progress, with a significant leap in gigabit broadband coverage from 6% in 2019 to 81%. The project aims to extend this coverage to virtually every UK premises by 2030.
Virgin Media O2, a leading British broadband and mobile operator, in collaboration with its shareholder Liberty Global, has embarked on a pioneering venture with the introduction of its Smart Pole Trial. This innovative project sees the deployment of 4G and 5G-capable smart poles across the UK, aimed at enhancing mobile network coverage and capacity significantly.
Telecom leaders discussed the challenge of monetizing 5G. Vodafone’s ‘The Great British Telecoms Switch’ campaign offers BT customers savings and compensations to switch providers. A Pew Research Center survey found U.S. teens have a complex relationship with smartphones. Verizon’s report shows a 129% rise in mobile network traffic over 5 years. Iliad aims to become the fifth-largest mobile operator in Europe by 2024.
In a significant move to ensure the smooth transition of landline services to Voice over Internet Protocol (VoIP), the UK government has announced an expansion in the roster of telecommunications companies committed to safeguarding vulnerable customers. The initiative, led by the Department for Science, Innovation and Technology (DSIT), now includes Openreach, CityFibre, and several others, alongside initial participants like BT and Virgin Media O2.
