Back in April, TIM agreed to sell a 12.4% indirect stake in INWIT to a consortium led by French private equity firm Ardian. The sale would leave Ardian with a 90% stake in the holding company Daphne 3, which in turn holds a 30.2% stake in INWIT. TIM will retain a 10% stake in Daphne 3…
Veon offloads stake in Omnium Telecom Algeria
Today, international mobile operator Veon has announced that it has sold its 45.57% stake in Omnium Telecom Algeria, the company that owns Djezzy, Algeria’s second-largest mobile provider.
The deal will reportedly net the company around $682 million…
Full Fibre UK Broadband ISP 4th Utility Launch Cheap Social Tariff
UK ISP 4th Utility, which building a new gigabit-capable Fibre-to-the-Premises (FTTP) broadband network to more homes (SDU) and large residential blocks (MDU), has today announced the full launch of their cheaper social tariff for those on benefits. The move is intended to help vulnerable users with the cost-of-living crisis. At present the provider expects to […]
ISPs See Minimal Impact from BT and Openreach Workers Strike
The recent two-day national strike by up to 38,000 of BT and Openreach’s unionised workers (here) – due to a dispute over pay – does not appear to have caused any significant problems for either the operator or its customers. At least that is the feedback we’ve had from UK broadband ISPs and alternative networks. […]
OVO Sells UK SSE Phone and Broadband Customers to TalkTalk
Low cost focused UK ISP TalkTalk has finally reached an agreement to acquire around 100,000 broadband and phone customers from rival operator Ovo Energy, which is perhaps more familiar to consumers by the brand name of SSE (i.e. OVO’s retail division acquired that base in 2020 and has retained the brand under licence). Ovo originally […]
BT Wholesale Launch New 100Gbps Product for UK ISPs and Data Centres
BT Wholesale has launched a new 100Gb Data Centre Connect (DCC) product, which enables network operators to benefit from a single 100Gbps data centre port, which marks a nice improvement on the current approach (i.e. achieving such speeds would normally require the aggregation and management of multiple 10Gbps circuits). The new product will initially be […]
Italian government collapse won’t stop single network plan
The Italian government has been experiencing massive upheaval in recent weeks, with internal division seeing Prime Minister Mario Draghi offer his resignation on July 14th. While this initial resignation was subsequently rejected by President Sergio Mattarella, Draghi would resign again on one week later, after a new vote of confidence in the Senate failed to pass with an absolute majority.
This leaves the government facing a snap election on September 25th…
Startup Stories: Money makes the world go round
Tell us about your startup
vipaso – Vienna Payment Solutions – is a start-up dedicated to payments and has developed an end-to-end, independent, complete mobile payments solution “horizon”, to be used anywhere in the world. We are aiming at financial institutions, payment providers, retail chains, telcos, delivery companies, shopping centres…
Three UK Reports Average Data Usage Per Customer Hits 21GB
Mobile operator Three UK has today reported their latest financial results, which among other things revealed that the average 4G / 5G data usage (mobile broadband), per customer, per month on their network had reached 21.3 GigaBytes in June 2022 (up from 19GB in Dec 2021). Otherwise, there wasn’t anything particularly new in this update, […]
South Korean telcos form credit assessment JV
Getting a loan can be an arduous process at the best of times, but for those without a significant financial history, like students, progress can be impossible.
Now, South Korea’s three national mobile operators – SK Telecom, KT, and LG U+ – are joining forces to create a new credit assessment JV…