Telecom Italia (TIM) celebrates the successful sale of its fixed-line grid to the Optics BidCo consortium, led by investment firm KKR. This strategic move aims to reduce TIM’s significant net financial debt and marks a first in major European telecom history.
Digital Infrastructure Minister Julia Lopez MP addresses the need for shared infrastructure to tackle excessive fibre network duplication. She spotlights rural areas, where public perception of full fibre deployment is significantly affected by perceived uncontrolled infrastructural rollout. This prompts a change in guidelines to involve communities in the roll-out process, helping operators extend their networks without hindering local approval.
Diving into the complex dynamics of the telecom industry, Telecom Italia (TIM) pushes forward with the sale of its fixed-line network to US-based KKR, forecasting considerable debt reduction. Yet, Vivendi’s discontent raises questions about ownership rights, stirring an interesting conflict.
Ireland’s GoMo goes for more as it hits 200,000 customers Virtual network operator GoMo, the budget mobile brand of Irish telco Eir, has reached 200,000 customers, since launching only eight months ago. The company exists entirely as a digital brand, requiring customers to sign up online to be mailed a SIM card. This “digital-first” approach even extends to customer service, which is available only through online chat, without accessible call centers. GoMo uses Eir’s network and offers 99 percent population coverage and over 97 percent 4G coverage. Since its launch, GoMo has gradually increased its customer base, with figures from the Irish regulator suggesting that the majority are migrating from rivals Three and Vodafone. Read more at https://tinyurl.com/y7uwytwt JSonar raises $50 million for AI-powered database security products Database security startup jSonar has secured USD 50 million, which it plans to put toward R&D and go-to-market efforts. The company said that its AI-powered solutions help users…
