BT Group Name Allison Kirkby to Replace Philip Jansen as UK CEO
Broadband, phone and mobile giant BT Group (inc. Openreach, Plusnet and EE) has this morning announced that it has chosen Allison Kirkby, the current President & CEO of telecommunications multinational operator Telia Company in Sweden since early 2020, to replace Philip Jansen in the role of CEO at the start of next year. The announcement […]
BDUK Start Procurement on Cross Regional UK Gigabit Broadband Rollout
The Government’s Building Digital UK agency has started the procurement phase for the award of their first major Cross-Regional Supplier Framework (Type C) contract under the £5bn rural Project Gigabit broadband rollout scheme, which could see a single network operator being picked to help cover some of the most challenging areas. Currently, over 76% of […]
BDUK Change CEO as Gigabit Broadband Project Struggles with Slow Progress
The Government’s Building Digital UK (BDUK) agency has reportedly changed its current CEO, Paul Norris, and appointed the man who oversaw the 2022 Commonwealth Games, Dean Creamer, to take on the role after concerns were allegedly raised over “slow” progress in their £5bn Project Gigabit broadband rollout. The aim of the project is to extend […]
Debt Pressures Pushing Budget UK ISP TalkTalk Toward Breakup
A new report highlights how a £330m revolving credit facility that matures next November, £685m worth of debt maturing in February 2025, higher borrowing costs and last year’s failure to agree a £3bn takeover by Virgin Media (here) has left broadband ISP TalkTalk with few options, and a break-up of the business is now expected. […]
County Broadband Start FTTP Rollout in 5 More Essex UK Villages
Alternative network provider County Broadband has announced that they’ve begun construction of their gigabit-capable Fibre-to-the-Premises (FTTP) broadband network in five new villages across Essex (England), which forms part of their aspiration to cover 500,000 premises across the East of England by the end of 2027. The five new villages include: South Hanningfield and West Hanningfield […]
ISP Vodafone Discount UK Full Fibre Home Broadband Packages
Mobile operator and broadband ISP Vodafone UK has discounted the prices of their Fibre-to-the-Premises (FTTP) powered home broadband packages for new customers, which are available via both Openreach and CityFibre’s respective national full fibre networks. At present, Openreach’s gigabit-capable FTTP network already covers over 11 million premises, while CityFibre’s has recently reached around 3 million […]
Full Fibre AltNet Trooli Aim to Reach 330,000 UK Premises in 2023
Several months have passed since broadband ISP Trooli, which was rolling out a new gigabit-capable Fibre-to-the-Premises (FTTP) network across parts of England – before running into money woes and pausing its build, was rescued by Agnar UK Infrastructure (here). But we now have some solid info. on their progress and future plans. Just to recap. […]
Total Telecom’s Friday Financial Roundup
News A summary of all the essential financial news in the telecoms world Virgin Media O2 releases Q2 results Virgin Media O2’s (VMO2) quarterly results, published on Tuesday, revealed a 6.2% increase in adjusted revenue, totalling £2.7 billion. This drove transaction-adjusted EBITDA up 4.6% from the same time last year, to £1 billion. The revenue increase was due in part to VMO2’s April price rises. At the same time, however, the results revealed VMO2 had lost roughly 24,700 fixed line...
Telefónica proposes fibre partnership with Vodafone
News The deal could help offset Vodafone’s struggling performance in the highly competitive Spanish market According to reports from Bloomberg, Telefónica has approached Vodafone on several occasions in recent months to discuss potential deals related to the companies’ Spanish broadband networks. The potential deal could take the form of a wholesale agreement, a partnership, or the transfer of Vodafone’s clients onto Telefónica’s fibre network. Vodafone have yet to comment on the proposal,...
Cellnex considers selling minority stake in Nordic operations
News According to reports, the sale process could begin later this year Spanish tower infrastructure giant Cellnex is considering the sale of the minority stake in its Nordic operations (Sweden and Denmark), anonymous sources told Reuters earlier this week. According to the report, the firm is working with Spanish financial advisors AZ Capital to gauge potential interest in the operations, with the unit valued potentially valued at almost €1 billion. At the end of the first quarter of this...