Quickline has secured £11 million in public funding to expand its Project Gigabit rollout, bringing full fibre broadband to 6,000 more homes and businesses in Yorkshire and Lincolnshire. This investment supports the UK government’s goal of nationwide high-speed internet, ensuring even rural areas gain access.
Millicom International Cellular is acquiring Telefonica’s Colombian operations for $400 million, including a 67.5% stake in Coltel. The deal, pending regulatory approval, could reshape the telecom sector by merging Colombia’s second- and third-largest mobile operators.
CityFibre reported its first full-year profit in 2024, with a 34% revenue increase to £134 million. The company expanded its network to 4.3 million premises and secured £865 million from Project Gigabit.
CityFibre has launched the deployment of its full-fibre network in nine UK regions as part of Project Gigabit. This £5 billion initiative aims to connect over 1.3 million homes and businesses, reducing Britain’s digital divide.
Nokia has joined forces with Openreach to deploy its ONE Network platform to enhance fibre network automation across the UK. By leveraging Nokia’s Altiplano and NSP controllers, Openreach can automate its fibre services.
Nexfibre announces its fibre-to-the-premise (FTTP) network now covers 2 million homes, making it the UK’s second-largest alternative network. In just two years, Nexfibre achieved this milestone, aiming to transform broadband access.
The UK government has awarded £289 million in Project Gigabit contracts to Openreach, boosting rural broadband access for 131,000 remote homes and businesses. This investment supports fibre-to-the-home networks in underserved areas, enhancing digital opportunities and promoting equity.
Harmony Networks has acquired Spring Fibre for £1.5 million. While Spring Fibre aimed for expansive growth, it faltered under financial strain, only connecting 12,000 premises out of a million.
BT’s financial report for the first half of 2024 reveals a 3% revenue decline due to the competitive retail market, while profits fell by 10% owing to heightened costs. On a positive note, BT’s fibre network now covers over 16 million UK households, bolstered by the rapid fibre deployment by Openreach.
Zen Internet and Freedom Fibre’s collaboration unveils robust full-fibre connectivity, revolutionizing business solutions. Utilizing Freedom Fibre’s XGS-PON network, Zen Internet offers high-speed broadband services, bridging the digital divide.
