Dive into the world of high-speed internet connectivity with over 500,000 premises now experiencing 10Gbps speeds using XGS PON fibre infrastructure and welcome news of future expansion plans. A remarkable achievement for Netomnia, this latest success marks just the beginning of their journey towards connecting one million homes by 2024. Central to these ambitions is the goal to cater to underserved rural and less-resourced sectors, revolutionising connection experiences across the UK.
$714 million allocated to small telecom companies in the ReConnect program’s fourth round aims to deliver high-speed internet to rural areas with full fiber infrastructure. USDA Secretary Tom Vilsack highlights the importance of the Bipartisan Infrastructure Law and its contributions to bridging the digital divide in rural communities.
Telefonica explores selling fiber assets in Peru, enlisting Deloitte Corporate Finance to evaluate options and potentially bring in external investors or partners. Following successful ventures in Chile and Colombia, Telefonica aims to expand its fiber-optic network while maintaining commitment to high-speed internet access in Peru.
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.
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.
Quickline Communications is investing £250 million to bring gigabit broadband to 360,000 rural locations in Yorkshire and Lincolnshire. Backed by Project Gigabit and key partners, the initiative aims to bridge the digital divide, boost local economies, and connect underserved communities with fast reliable internet over the next three years.
BT and Openreach have secured a £9.8 million contract to deliver high speed broadband to over 1,700 underserved sites in Southwest Wales. This major infrastructure project aims to bridge the digital divide, boost connectivity in remote areas, and support economic and social development.
Amazon has launched its first 27 satellites for Project Kuiper, marking its entry into the satellite internet race against SpaceX’s Starlink. Aiming to deliver fast internet to remote areas, Amazon plans to deploy over 3,200 satellites and begin service by late 2025 while addressing concerns like light pollution and regulatory challenges.
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.
Bharti Airtel’s strategic partnership with SpaceX to introduce Starlink broadband in India is a groundbreaking move in the telecom sector. This collaboration leverages Airtel’s market expertise and infrastructure, aiming to boost broadband access in remote areas.