Intel’s massive €30 billion European project advances with state-of-the-art factories in Magdeburg, Germany, boosting job creation and supply chain resilience amid global semiconductor demand. Will the ambitious initiative fulfill high-tech production aspirations?
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…
Telefonica Deutschland has comprehensive plans for a sweeping shut down of its 3G network starting in July, making it the last operator in Germany to phase out legacy technologies in favor of 4G and 5G. Approximately 16,000 3G sites are scheduled to be shut down by the company. The resources that were needed for 3G will now be repurposed for the 4G network by the end of the year. According to the operator, 4G will use the frequencies of current 3G transmitters at 2,100 MHz. This upgrade from 3G to 4G will benefit Telefónica Deutschland’s customers, as well as customers of its other brands, providing a better and faster network. A full upgrade of the first 500 3G sites will begin on July 1st. An additional 1000 sites will be repurposed two weeks later. The regions where the upgrade will begin are Lower Saxony, Saxony-Anhalt, Brandenburg and Mecklenburg-Western…
