Hyperoptic announces over 100 layoffs, with plans to reassign 40 network build engineers to customer-focused roles amid growing competition and economic pressures in the UK fibre market. Industry consolidation seems inevitable as rival networks face similar challenges.
The EU’s messaging around “high-risk” vendors hints at a potential ban on Huawei and ZTE, urging members to accelerate their removal from 5G networks. As the EU Commission pushes for swift implementation, the debate on security risks and dependencies intensifies.
Telekom Austria advances in spinning off its towers business, appointing Ivo Ivanovski and Lars Mosdorf as future leaders. Tasked with preparing a Vienna listing in H2, the duo will oversee 12,900 towers potentially worth billions, enhancing Telekom Austria’s asset monetization.
BT’s Digital Unit achieves a milestone as the first telco to complete the EDM Council cloud assessment, paving the way for efficient data management and strategic cloud implementations while ensuring data protection and control.
EU Contemplates 5G Vendor Ban Amid Huawei Funding Debate The European Union is debating whether to ban certain companies from their 5G networks due to security concerns. Huawei, the company most affected by the potential ban, is receiving funding of around €3.89 million from the EU for research in areas like 6G, AI, and cloud computing under the Horizon Europe research program. Horizon Europe is the EU’s main research and innovation initiative, with a proposed budget of €12.8 billion in 2024. The EU is worried about member countries, especially Germany, being slow to restrict the use of “high-risk” vendors. Analysts suggest that stricter measures from Germany would greatly impact Huawei’s presence in Europe. Read the full article European Commission Targets Google’s Adtech Dominance with Statement of Objections The European Commission has raised concerns about Google’s control of the digital advertising ecosystem and issued a Statement of Objections against the tech…
$714 million allocated to small telecom companies in the ReConnect program’s fourth round aims to deliver high-speed internet to rural areas with full fiber infrastructure. USDA Secretary Tom Vilsack highlights the importance of the Bipartisan Infrastructure Law and its contributions to bridging the digital divide in rural communities.
Discover how ZTE reduced greenhouse gas emissions by 7.5% through low-carbon strategies while investing in AI-driven digital energy solutions and joining the Science Based Targets initiative for a sustainable future.
Vodafone and CK Hutchison announce plans to merge their UK operations, highlighting potential benefits such as a top-class 5G network and better customer value. However, regulatory approval may pose a challenge and delay the process.
Telkom South Africa faces a potential takeover as a consortium, including Axian Telecom and the Government Employees Pension Fund, expresses interest amid challenging times. The company’s financial struggles and infrastructure issues set the stage for possible mergers, collaborations, and a dynamic telecommunications landscape.
The FCC’s recent proposal for shared access of the 42 GHz band could revolutionize the telecom industry by introducing new service providers and business models. With mixed reactions, the proposed sharing mechanism aims to prevent interference and encourage competition, potentially attracting companies like Amazon to the mmWave spectrum.