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News  The company is scrambling to revive its financial health ahead of its looming debt repayments   Along with its other shareholders, Talk Talk’s founder Sir Charles Dunstone is set to inject over £180 million into the company as struggles under the weight of a debt pile exceeding £1 billion.  According to an article from the Telegraph, the company’s lenders are putting pressure on the main shareholders to reduce its revolving credit facility from £330 million to £150 ahead of its...

News The scale of the fine reflects the “seriousness of this breach”, said Ofcom    BT, the parent company of EE and Plusnet, has been hit with a £2.8 million fine from Ofcom after failing to provide potential customers with clear contract information before signing up.   Since June 17, 2022, UK telecom companies have been required to provide customers with detailed contract information before they commit to a new service. Such details include pricing, contract length, service speeds, and any...

The second of two reports from strategic consultancy firm Eight Advisory has today been published, which proposes a list of “actionable recommendations” for how alternative full fibre (FTTP) broadband networks (Altnet) and their ISP partners can boost customer take-up to reach their commercial and financial objectives. The first report, which we covered earlier this month (here), focused more on setting out the current market situation, the impact of consolidation and examining why Openreach...

The wholesale division of Virgin Media O2 Business (VMO2), which supplies UK broadband ISPs and network operators with connectivity services, has today launched new diverse fibre routes and high bandwidth services into the Equinix flagship datacentre site, Manchester MA5. Equinix MA5, which offers premium colocation and long-term capacity for network operators outside of London (i.e. those with a focus on serving Manchester and the North of England), is the latest in a long list of over 160...

Contributed Article by Waltter Kulvic, Partner and International Subsea Lead at Eversheds Sutherland, with assistance from Wesley Pydiamah, Sebastien Bonneau, Jukka-Pekka Joensuu, and James Hyde Subsea cable projects have traditionally followed similar structures, but recent market developments are prompting a re-evaluation. Here are some key points: Integrated projects Demand is rising for partly or fully integrated projects that cover data centers, fibre connectivity, and – in some instances...

Internet provider Vorboss, which is investing £300m via Fern Trading to deploy a 100Gbps full fibre network (Ethernet and broadband) – dedicated to business – across central London, has been recognized for the third year in a row by the City of London Corporation (CoLC) as part of the Considerate Contractor Streetworks Scheme, for delivering “exemplary” work. The accolade is said to highlight Vorboss’ commitment to maintaining the highest standards across the City, and their ongoing positive...

The UK telecoms, internet and media regulator, Ofcom, has today hit broadband ISP BT (including subsidiaries EE and Plusnet) with a fine of £2.8 million, which occurred after their investigation found the operator had “failed to provide” more than a million customers with clear and simple contract information before signing up to a new deal. The investigation, which began in January 2023 (here), actually represented somewhat of a merger and continuation of the investigation that Ofcom...

Internet provider Yayzi Broadband are preparing to make some big changes over the coming months, firstly by launching a Mobile (SIM) service and, secondly, by expanding the availability of their MultiGig (up to 2.3Gbps) broadband packages on CityFibre’s network to also work across alternative networks from MS3 and Freedom Fibre. In terms of Yayzi’s plans for a SIM Only mobile service, the front page of their website merely states “Yayzi Mobile Launching 2024!” and doesn’t add anything further....

News  The purchase was originally decided in December  The Spanish government’s investment fund SEPI has reached its target of acquiring a 10% stake in Telefonica, after being instructed to do so by Spanish government.  According to a stock market filing (in Spanish), SEPI has purchased 567,016,155 shares at an average price of €4.03 per share, meaning that just under €2.3 billion was spent on the acquisition.  The stake has been acquired in order to counter Saudi telco STC’s  9.9% stake in...

News Movistar, MasOrange, and Vodafone Spain will share frequencies in the 700MHz band in order to meet the requirements of government’s UNICO programme According to a report from Expansion, Spain’s three largest mobile network operators (MNOs) have agreed to share spectrum in the 700MHz band. The deal would give each operator access to a full 100MHz of spectrum at locations where it is the sole 5G operator, dramatically improving capacity. The deal has yet to be officially confirmed by...