BT taps AWS Wavelength for 5G edge computing needs
Press Release New long-term, multi-million-pound investment gives BT’s UK business customers access to edge computing services – with the first site now live for customer trials in Manchester, before general availability targeted for later this year BT today announced a multi-million-pound investment to bring 5G and 4G mobile edge computing services to its UK business customers in collaboration with Amazon Web Services (AWS). The work combines AWS’s cloud expertise with BT’s market-leading 5G...
VMO2 and CityFibre bosses discuss potential takeover
News Reports suggest that Virgin Media O2 (VMO2) has entered talks to purchase CItyFibre, the UK’s largest altnet, in a deal that could be valued at over £3 billion This weekend, a report from The Telegraph suggests that VMO2 could be interested in purchasing its fibre rival, CityFibre. According to the report, Mike Fries, CEO of VMO2’s parent company Liberty Global, and Greg Mesch, CEO of CityFibre, have entered into “initial talks” over the possibility of VMO2 presenting CityFIbre with a...
Netomnia and YouFibre secure £230m in additional funding
Press Release Netomnia, one of the fastest growing altnets in the UK, along with ISP sister company YouFibre, has raised £230 million in committed debt financing Netomnia has successfully completed its latest fundraise of £230 million in committed debt financing from a group of six bank lenders, comprised of HSBC UK, ING, NIBC, RBC, Standard Chartered, and UKIB. The financing package also includes an accordion to be raised in the future to support the continued growth of the business. The...
Ofcom See Average UK Fixed Broadband ISP Speeds Hit 65.3Mbps
The UK telecoms regulator, Ofcom, has posted a small interim update to the data they hold on fixed line home broadband ISP speeds, which reveals that the average (median) UK download speed has increased to 65.3Mbps (up by 10% from 59.4Mbps six months ago) and uploads hit 15.5Mbps (up by 45% from 10.7Mbps). Ofcom’s study […]
ISP GoFibre Put FTTP Broadband Live in Portlethen and Newtonhill
Rural network builder and UK ISP GoFibre, which is deploying a new 10Gbps capable Fibre-to-the-Premises (FTTP) broadband network across the North of England and Scottish Borders, has today announced their new full fibre network has started to go live in the Aberdeenshire towns of Portlethen and Newtonhill. The operator, which is currently being supported by […]
Making superhumans of us all
Startup Stories Dutch startup OPT/NET creates AI products for a variety of critical and data-intensive industries, but far from replacing humans, they want to make them superhuman with AI-assistance. Tell us about your start up At OPT/NET, we are a fresh entrant into the AIOPs industry. The complexity of IT systems is increasing exponentially. The users running these systems are struggling to keep up. Inevitably, mistakes are made, and costly outages occur. One day of downtime costs large...
Virgin Media O2 UK Ponder £3bn Acquisition of Rival CityFibre
A major newspaper has reported that broadband ISP and mobile giant VMO2 (Virgin Media and O2) has held “initial talks” over the possibility of mounting a £3bn takeover bid for the UK’s third-largest alternative full fibre network (AltNet), CityFibre. But such a deal could face regulatory and competition concerns. The Telegraph (paywall) actually clarifies in […]
EE Invites BT Customers to Faster FTTP Broadband Speeds Trial
Selected customers of UK ISP EE and BT’s Fibre-to-the-Premises (FTTP) based home broadband packages are being invited to take part in a new “Faster Broadband Speeds Trial“, which we suspect will involve the use of Openreach’s new 1.2Gbps and 1.8Gbps tiers (both offer 120Mbps upstream). At present, the fastest consumer service available on both providers […]
Netomnia and YouFibre Secure £230m for UK Full Fibre Rollout
Network operator Netomnia – supported by UK ISP YouFibre – have today announced that their rollout of 10Gbps capable FTTP broadband has been boosted after they completed their latest fundraise of £230m in committed debt financing from a group of six bank lenders (HSBC UK, ING, NIBC, RBC, Standard Chartered, and UKIB). The operator, which […]
Spring Equinox? It seems Ofcom aren’t certain of the balance
News An Openreach statement issued today announced a delay in the expected launch of Equinox 2 pricing which they had claimed would support customers, with lower prices and “long-term certainty to help them switch to faster, more reliable broadband connections”. Today’s statement from Openreach said “Whilst we continue to share Ofcom’s initial view that our offer isn’t anti-competitive, it’s important the regulator has time to consider all the feedback it has received fully and fairly, so our...