Investors shorting BT for $300m in twelve-year record
News BT is set to release its 2023 financial results release on Thursday Investors have bet £300 million against BT this week, as the company continues to battle against its declining share price. Banks including BlackRock, Canada Pension Plan Investment Board and hedge funds such as AKO Capital and Kintbury Capital have bet against the company, according to a report from the Financial Times. BT will release its 2023 annual results on Thursday, in which profits are expected to be just shy...
New SSID Confusion Attack Exploits General WiFi Vulnerability
Network security researchers have published details of a new vulnerability that arises from a “design flaw” in the IEEE 802.11 WiFi standard (CVE-2023-52424), which is said to impact “all operating systems and WiFi clients” and allows an attacker to trick Wi-Fi clients into connecting to an untrusted network. According to TOP10VPN, which teamed up with security researcher Mathy Vanhoef to share this WiFi exploit – ahead of its presentation at the WiSec ’24 conference in Seoul – the root cause...
4G now covers all stations on the Elizabeth Line
News The upgrade means 25% of all ‘underground’ Tube stations now have access to mobile connectivity Today, Transport for London (TfL) have announced that all Elizabeth Line stations on the London Underground now have access to 4G or better mobile connectivity. In addition to deploying the 4G network at the stations themselves, in-tunnel connectivity is currently being deployed, with initial sections between Bond Street and Liverpool Street to be added in the coming months. Full in-tunnel...
Quickline Connect First Yorkshire UK Homes via UK Project Gigabit Broadband Deal
Broadband ISP Quickline, which is deploying a new gigabit speed full fibre (FTTP) and fixed wireless (5G FWA) network across rural and semi-rural parts of the North East and Midlands of England, has connected their first customer under the £60m (state aid) Project Gigabit roll-out contract that was awarded to them in February 2024 for West Yorkshire and York (Lot 8). The West Yorkshire and York Area (Lot 8) contract aims to cover around 28,000 premises, in some of the hardest to reach areas,...
Vodafone Grow UK Broadband to 1.38 Million Users as Mobile Hits 18.64M
Mobile operator and UK ISP Vodafone has today published their Q4 FY24 financial results, which saw their fixed broadband base grow to total 1.383 million customers (up by 52k in Q4 vs 39k in the Q3) and their mobile base reach a total of 18.638 million (up by 66k in Q4 vs 330k in Q3). In terms of their UK fixed broadband services, the operator has continued to report strong growth, with a quarterly addition of 52,000 customers – thanks in part to being widely available across both Openreach’s...
Connexin joins prestigious roster of B Corp Certified Companies
Connexin joins prestigious roster of B Corp Certified Companies UK-based smart technology and digital provider Connexin is pleased to announce it has earned B Corp™ Certification following a rigorous social and environmental impact evaluation, a rarity for technology and service-led providers. The certification places the business amongst some of the most respected B Corp brands globally, including Patagonia, Divine Chocolate, Octopus Energy and Innocent Smoothies. Businesses certified by B...
1&1: 700,000 customers already using our Open RAN network
News The German mobile operator says it had built 1,334 Open RAN sites by the end of Q1 Alongside the company’s Q1 financial results this week, Germany’s newest mobile operator, 1&1, has revealed that 700,000 customers are making use of its newly built Open RAN network. 1&1 launched commercial services over its new network in December last year, though at the time the company only had around three active mobile sites of its own. In the last five months, the number of sites has...
CityFibre completes acquisition of Lit Fibre
News The deal was first announced two months ago Today, CityFibre has completed its acquisition of Lit Fibre from Newlight Partners, who will remain minority shareholders as per the transaction agreement. Lit Fibre has an existing fibre-to-the-premise (FTTP) footprint of over 220,000 premises across more than 20 towns, including Wiltshire, Gloucestershire, Hertfordshire, Worcestershire, Essex, and Suffolk. As a vertically integrated altnet, the company sells services directly to...
Indigo Welcomes EU Recommendations For More Resilient Marine Infrastructure
Indigo, a leading provider of engineering and support services for subsea cabling, welcomes EU recommendations for member states to map submarine infrastructure and to assess risks and vulnerabilities as part of a drive to make subsea cables more secure and resilient. The Commission Recommendation, published in February 2024, is concerned that networks and services are “a prime target for cyberattacks”, something that Indigo has been addressing for some time in partnership with hyperscale...
RETN UK Opens New Data Connectivity Links to Manchester
Eurasian focused network operator RETN, which proclaims itself to be the UK’s number one IP transit provider, has today announced that they’ve expanded their fibre connectivity to Manchester, which they say will bring “lightning-fast, secure, and high-availability internet to ISPs and enterprises in the city“. The operator has recently made a series of investments into its international backbone, with network deployments in Western, Northern and Central Europe and Asia. The latest development...