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FIBER NETWORK

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Spain’s Telefónica has announced that it will sell a portion of its rural fiber network to a group led by France’s Credit Agricole and Vauban for roughly 1 billion euros.    According to a statement released by Telefónica, the financial group and the investment firm will buy a 45 percent stake in Bluevia, a provider of rural fiber, with a total valuation of 2.5 billion euros. Telefónica also stated that it anticipates the deal to be finalized by year’s end, subject to regulatory approvals.   Bluevia is a platform for managing and deploying fiber networks in underserved rural parts of Spain in collaboration with networks administered by third-party operators. The transaction takes place less than a month after Telefónica established their dedicated neutral wholesale FTTH provider, which is primarily focused on connecting areas comprising Spain’s lowest population densities.   As a neutral wholesaler, Bluevia will establish a fiber network in…

Telefonica reveals a new rebrand Telefonica has announced its new rebrand at the company’s annual general meeting. The company also reelected its Chairman and CEO Jose Maria Alvarez-Pallete to its board for a further four-year term with increased backing from shareholders. The newly refurbished design will be used in the company’s brands under the Telefonica name, but will not replace the Telefonica-owned consumer-facing identities O2 and Movistar. According to the company, the new logo reflects extensive restructuring efforts started in 2019 and is reminiscent of the 1984 logo that also resembled the letter T made-up of small circles. Read more at: https://tinyurl.com/34hwm3ve AT&T gifts boost in fiber speed to its customers AT&T has announced that it is giving its customers a free increase in fiber speeds. The company is increasing its access speeds from 100 Mbps to 300 Mbps, and 300 Mbps to 500 Mbps respectively. The company will continue…

French telecommunications service provider Iliad S.A. has agreed to buy the Polish telecommunications company Play Communications S.A. for $2.6 billion as it expands across Europe. The deal will make Iliad the sixth largest mobile operator in Europe. In an announcement on Monday, the companies revealed that Iliad had offered $10.35 per share for Play and received binding commitments from two controlling shareholders for a 40% stake, which would give it the majority of seats on Play’s board of directors. Iliad also hopes that the deal will allow the company to enter the growing Polish telecommunications market and boost Play’s growth in the mobile sector. With the addition of Play, Iliad will have 41 million subscribers in France, Poland and Italy. However, the transaction still needs to be approved by the relevant regulatory authorities, and a notification of the proposed acquisition has to be submitted to the European Commission.…

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…