VMO2 faced a substantial loss of £3.3 billion in 2023, worsened by a £3.1 billion goodwill impairment rooted in increased capital costs. While their debt soured under challenging economic conditions, they still managed to attract 64,000 new broadband and 47,000 mobile customers. Nevertheless, revenues witnessed a slight tumble as consumer fixed income dipped and the B2B sector lagged.
The Independent Networks Co-operative Association (INCA) champions a new initiative for alternative network providers, aiming to streamline infrastructure sharing, and promote cost-effective fibre rollout. This solution addresses challenges faced where Openreach’s Physical Infrastructure Access option is unavailable, minimizing local disruption from additional duct installations.
Broadband for the Rural North (B4RN) is making waves in connectivity by enhancing its network backhaul speeds to a staggering 400Gbps. This progress, ten times that of its previous capacity, paves the way for improved bandwidth, latency reduction, and an entirely modernized scope of rural connectivity.
Kansas has taken a significant stride towards improving statewide internet connectivity by allocating $28.5 million in grants through the Lasting Infrastructure and Network Connectivity (LINC) program. Aimed at bolstering broadband infrastructure, the LINC funding prioritizes achieving minimum speeds of 100/20 Mbps, enhancing internet exchange point facilities, and fortifying middle-mile infrastructure.
Neos Networks accelerates its journey toward 100 on-net data centres with the new addition of two pivotal UK sites to its fibre network. Offering secure and high-capacity connectivity, these centres bolster the UK’s tech hubs while surging towards embracing digital innovations and reliable connectivity. The impact of such expansion unfolds an intriguing storyline of the country’s evolving connectivity landscape.
Summoning a significant tide in the telecommunications sector, 20 notable European telco CEOS, under the GSMA, urge EU policymakers for a comprehensive revamp of the present regulatory environment. They key point is the mounting need for major tech corporations to contribute to telco infrastructure costs in the midst of a data traffic surge. However, critics argue such proposal infringes upon net neutrality principles and imposes a dual-end payments system.
Telecom equipment expenditure in North America experienced an unexpected downturn in the first half of this year. Despite global telecom hardware revenues remaining steady, North America’s marked decline significantly impacted the total number. In contrast, other markets, particularly Asia-Pacific, showed robust growth. The reasons behind North America’s decline extend to slowing 5G expenditure and reduced spending on broadband access equipment. Looking ahead, no major global alterations are anticipated, though the volatility of the telecom industry hints at potential changes.
CityFibre secures wayleave permissions to connect over a million locally-owned and housing association homes, reducing the digital divide and providing essential digital infrastructure. Collaborations with organizations like Places for People aim to support those struggling with the cost of living and staying online.
VEON commits $600 million investment via Kyivstar for Ukraine’s recovery, focusing on infrastructure, 4G expansion, cybersecurity, and community support, fostering accelerated digitalization and rebuilding efforts.
Avaya, an American tech company specializing in unified business communications, and RingCentral, a provider of cloud-based communications for small businesses and enterprise companies, have announced a strategic partnership for a new cloud offering worth at least USD 500 million. RingCentral’s multi-million contribution includes a one-time USD 125 million preferred equity investment and a USD 375 million advance to Avaya for selling the RingCentral unified communications as-a-service (UCaaS) solution in selected countries. According to the terms of the agreement, Avaya will introduce a new global UCaaS solution called Avaya Cloud Office by RingCentral (Avaya Cloud Office) in the first quarter of 2020. Avaya Cloud Office will build up the company’s existing portfolio to offer a full suite of UC, CC, UCaaS and CCaaS solutions to a global customer base, which currently includes more than 120000 customers, over 100 million UC lines and 5 million CC users in over 180 countries. This solution…