Telefonica and Entel are poised to merge their fiber infrastructure in Peru, with KKR being the expected majority stakeholder, following Telefonica’s previous success in other Latin American markets. This move anticipates significant expansion of Peru’s high-speed connectivity by leveraging KKR’s successful fiber ventures in Chile and Colombia, amidst the industry’s race to a digitally-empowered future. Details of the deal remain discreet as it awaits regulatory approval.
Global telecom giant Veon commits $600 million to boost Ukraine’s infrastructure, focusing on 4G mobile and fiber development, while inviting other institutions to join the initiative. Kyivstar, Veon’s subsidiary, aims for 98% 4G coverage in three years, with potential 5G advancements.
KPN’s acquisition of Youfone expands its customer base, positioning it to potentially overtake T-Mobile Netherlands as the largest mobile operator, while boosting its fiber coverage with Primevest’s Dutch assets. Discuss these market shifts at this year’s Total Telecom Congress.
Geopolitical tensions challenge subsea cable projects, as governments prioritize security of critical infrastructure. Despite obstacles, the industry innovates with emerging technologies like multicore fiber to meet soaring connectivity demands.
UK’s ambitious gigabit broadband and Net Zero goals face rural challenges; ACOME’s Nanomodule technology emerges as a game-changer, significantly reducing the cost of fibre deployment and helping meet environmental targets.
In an agreement with Altice Europe, Vodafone Group will roll out Fiber-to-the-Home in Germany as part of a €7 billion investment in its largest market. This collaboration complements Vodafone’s well-defined objectives for upgrading its current hybrid fiber cable network. According to a statement released by the two corporations on Monday, FibreCo, a 50/50 fiber partnership between Vodafone and Altice, will deploy fiber optic lines to as many as 7 million residences in Germany. Approximately 70% of the cost will be covered by debt raised by the new company. The transaction is scheduled to be completed in the first half of 2023. The transaction is thought to yield Vodafone up to €1.2 billion in cash proceeds from Altice, which is projected to exceed Vodafone’s portion of stock commitments. The profits include €120 million upon closure, up to €487 million in deferred payments as additional homes are connected, and another…
Virgin Media expands its gigabit network Virgin Media has successfully upgraded 1.5 million additional premises to DOCSIS 3.1, allowing users to achieve internet speeds exceeding one gigabit per second. Over half of the 15.5 million subscriber homes in the UK may now get gigabit services thanks to this latest initiative. The network improvements were made at a variety of sites around the United Kingdom, including cities such as Bournemouth, Bristol, Northampton, Southampton, Wolverhampton, Wigan, and York. VMO2 will continue to roll out DOCSIS 3.1 improvements throughout the rest of its network, after earlier stating that they will have updated their whole footprint by the end of 2021. Read more at: https://tinyurl.com/hj4emdmf Avature in partnership with DIDWW Avature has teamed up with DIDWW, an international telecom operator that offers high quality VoIP services. By using DIDWW’s two-way SIP services, Avature will be able to maintain continuous communications and worldwide connection across…
T-Mobile US is experimenting with fiber broadband by launching a symmetrical gigabit fiber service in New York City. The service is offered for a fixed monthly fee, but the prices have not yet been announced. This service, which offers 940Mbps upload and download rates as well as a WiFi 6 router, is now being tested in selected Manhattan apartment buildings. The company is undertaking a very restricted trial with a third-party supplier to offer residential internet using fiber-optic lines from that partner rather than deploying its own lines. T-Mobile did not reveal the identity of its local partner. The decision to collaborate with a local broadband provider is consistent with T-Mobile’s well-known practice of leasing rather than constructing fiber for its cell sites. Because T-Mobile is not installing new fiber connections but rather utilizing those that are already in place, initial expenses are kept low, and T-Mobile is…
Telecom Italia (TIM) has inked a deal with the Italian branch of Xavier Niel’s Iliad to co-invest in TIM’s last-mile grid firm FiberCop in order to accelerate the deployment of fiber broadband lines in Italy. Under the terms of the agreement with TIM, Iliad will co-invest in FiberCop to assist in the development of the network that connects street cabinets to people’s houses. Iliad will receive access to Telecom Italia’s core fiber network, allowing it to provide ultrafast fiber-to-the-home (FTTH) connections to clients. According to TIM, the agreement validated FiberCop’s investment strategy, which aims to link 75 percent of Italy’s so-called grey and black zones, including cities and industrial districts, with FTTH connections at speeds of more than 1 gigabyte per second by 2025. The agreement’s financial terms were not disclosed. According to analysts, the FiberCop agreement might help TIM counter some of the heightened competitive pressure…
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…
