Ericsson to acquire Vonage for $6.2bn to leverage cloud platform
Today, Ericsson has announced its intention to purchase US cloud-platform company Vonage in a transaction worth around $6.2 billon. The move represents Ericsson’s increasing efforts to shift into the enterprise business space, aiming to help these customers benefit from additional services on top of the high speeds being unlocked by 5G networks. “Imagine putting the power and capabilities of 5G, the biggest global innovation platform, at the fingertips of developers. Then back it with...
Zen Internet Set to Extend CityFibre FTTP Availability Nationwide
The Founder and Chairman of UK broadband ISP Zen Internet, Richard Tang, appears to have largely confirmed that their network will be able to connect into 100% of the locally connected on-net footprint for CityFibre by the end of this financial year (September 2022) – expanding the availability of their Fibre-to-the-Premises (FTTP) products. Just to […]
KKR targets TIM takeover for €10.8bn
In recent years, TIM has faced something of an uphill battle in its home market, with the company facing increasingly stiff domestic competition and expensive rollout costs for 5G and fibre networks. Combined, these factors have seen the company’s share price decline significantly, with the company recently forced to issue profit warnings for the second quarter in a row. As a result, CEO Luigi Gubitosi has found himself under siege from the company’s largest single shareholder… read more on...
ONS Finds 2021 R&D Spending on UK Telecoms Has Grown
The UK Office for National Statistics (ONS) has revealed that the telecoms industry has gone from last year’s report, when spending on research and development grew by just 0.95% to total £956m, to this year when such spending has risen by 4.5% (£44m) to reach a 9-year high of £1.028bn. The latest annual report actually […]
Casualty of Competition as People’s Fibre Enters Administration
Alternative UK network ISP People’s Fibre, which started building a new 1Gbps Fibre-to-the-Premises (FTTP) broadband network in 2020 and soon ran into some challenges with competition from rivals, has fallen into administration due to a “breakdown in the relationship” between the company’s director and investors. The network builder, which previously claimed to have “been deploying […]
Rivals Prep Legal Challenge Over Ofcom Approval of Openreach FTTP Price Cut
Several alternative UK network (AltNets) builders, including Gigaclear and CityFibre, among others, are reportedly set to launch a legal challenge against Ofcom’s recent approval of Openreach’s “Equinox” offer (here), which introduces a “major” price cut (details) to the incumbents Fibre-to-the-Premises (FTTP) broadband products. Naturally, ISPs that were much more reliant on Openreach’s wholesale products, and […]
Gov Targets Universal UK Gigabit Broadband Coverage for 2030
The UK Government’s £5bn Project Gigabit rollout programme appears to have quietly confirmed that they now aim to deliver “full” 1Gbps broadband coverage to the final 20% of hardest to reach premises by 2030 (effectively universal coverage), at least where it is “value for money to do so.” Just to recap. Until now, Project Gigabit […]
MTN agrees to sell and leaseback 5,700 towers to IHS Towers
This week, South Africa’s MTN has further monetised its passive assets, agreeing to sell and leaseback over 5,000 of its mobile towers to African infrastructure giant IHS Towers. The deal, worth $412 million, will make IHS the largest independent tower operator in South Africa… read more on TotalTele.com »
Orange and Nokia demos 600Gbps data rates over live network
Nokia and Orange announced today the completion of a network trial using the Nokia PSE-Vs, its fifth generation super coherent optics. With this field trial, Orange has successfully validated a planned upgrade of its long-haul backbone networks to support new high-bandwidth 400 Gbps services, and the ability to scale fiber capacity up to 600Gbps… read more on TotalTele.com...
BT Granted Permission to Appeal Landline Overcharging Ruling
The UK Court of Appeal (CoA) has granted broadband ISP BT permission to try to appeal the Competition Appeals Tribunal‘s (CAT) judgement, which last month rejected the operator’s attempt to stop a £600m class action claim against them – related to the alleged overcharging of 2.3 million landline-only phone customers. The class action claim – […]