The enigmatic billionaire Patrick Drahi is reportedly considering a bold move to hit an astounding 29.9% stake in UK’s telecom titan, BT, which naturally raises eyebrows and fuels speculation. Tracing Drahi’s relationship with BT, it started just last year with a humble 12.1% stake acquisition. Despite BT’s cautious response, Altice, Drahi’s representative, remained adamant about any takeover intentions. Today, a quarter of BT already belongs to Drahi, drawing closer government scrutiny under the freshly enacted National Security & Investment Act.
Vodafone UK announces more accessible and fixed-rate wireless options amid the routine living costs in the UK, further bolstering its reputation as a company committed to social tariffs. This latest offering serves as a beacon of hope for families under financial strain, with an impressive broadband speed, zero installation fees, and an escape clause without extra charges. However, critics caution that this may not be the most affordable deal available, despite being from a mainstream provider.
The UK’s newly established business council brings together heads of fourteen industry behemoths like AstraZeneca, NatWest Group, and Vodafone, offering insights to the Prime Minister on critical economic matters. It’s interesting that Google DeepMind is the only exception to the FTSE 100 list; also significant is the vocal Vodafone inclusion, led by CEO Margherita Della Valle, along with the impending departure of BT’s CEO Philip Jansen amidst a period of shrinkage. The absence of SME representation on the council has fueled criticism, underscoring the complexity and potential bias in shaping Britain’s economic future.
As the UK’s fibre landscape intensifies with rising competition, leading players are racing to expand gigabit-capable broadband nationwide. Noteworthy, alternative network providers, referred to as “AltNets”, are displaying proactive strategies to swiftly deploy networks. On the other hand, traditional companies are recognising opportunities in fibre rollout, as seen in Openreach’s pricing approach of their wholesale lines.
Dive into the world of high-speed internet connectivity with over 500,000 premises now experiencing 10Gbps speeds using XGS PON fibre infrastructure and welcome news of future expansion plans. A remarkable achievement for Netomnia, this latest success marks just the beginning of their journey towards connecting one million homes by 2024. Central to these ambitions is the goal to cater to underserved rural and less-resourced sectors, revolutionising connection experiences across the UK.
The UK faces a digital exclusion dilemma, with lack of strategy and leadership leaving millions potentially unconnected. Baroness Stowell highlights the imperative of bridging this gap for global competitiveness. However, the effectiveness of suggested solutions remains debatable, and conversations around online safety further complicate the situation. With potential threats to end-to-end encryption, a revised approach to digital skills may be necessary.
Gigaclear commits to connecting rural communities in Yorkshire, extending its full fibre network to 16,000 homes and businesses. The move minimizes disruption, using existing Openreach infrastructure, and aims for service availability by year-end.
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.
UK subscribers face controversy over recent price hikes, leading to the Committee of Advertising Practice issuing new guidance for telecom companies to prevent misleading consumers. The changes aim for transparency and fair advertising, but won’t take effect for six months.
UK’s latest telecommunications initiatives involve satellite broadband for remote Scottish regions, collaborating with Australia on telecoms diversification, and implementing advanced digital infrastructure such as smart lampposts, showcasing its commitment to becoming a global industry leader.