News

EQT acquires SKT’s former cybersecurity unit for $1.5bn

News The deal will see private equity firm EQT Partners take a 67% stake in SK Shieldus The deal will see EQT acquire the entirety of Macquarie Group’s 37% in the business, with the rest of the equity being purchased from SK Square directly. After the sale, SK Square will retain a 32% stake in the business. SK Shieldus currently provides security infrastructure across 680,000 commercial customer sites and more than 100 central monitoring and dispatch centres across South Korea. The company...

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EV manufacturer Lucid Motors partners Orange Business for in-vehicle connectivity

Press Release Orange Business today announced that it has been selected by Lucid Motors, the American electric vehicle (EV) manufacturer, to be the preferred European partner for its next-generation in-vehicle connectivity and digital expertise. Guided by its focus on innovation, Lucid plans to sell its all-electric Lucid vehicles direct to consumers as it expands its operations in Europe, offering infotainment and telematics connectivity from Orange Business. In addition to Orange Business...

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Huawei’s 5G future in Germany uncertain as report claims govt readying ban

News Almost three years on since the peak of the ‘untrusted vendors’ debate, Germany may move to place more direct sanctions on Huawei and ZTE This week, reports from German media site Die Zeit suggest that the country is currently planning to ban the nation’s mobile operators from using 5G equipment made by the Chinese vendors Huawei and ZTE. Exactly what types of equipment would be included in such a ban is currently unclear, but may include a number of key components already built into...

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Full Fibre UK ISP 4th Utility Appoint New Consumer Business CEO

Broadband ISP 4th Utility, which is rolling out a gigabit speed Fibre-to-the-Premises (FTTP) network to serve UK homes (SDU) and large residential blocks (MDU), has today announced the appointment of Steve Wilson to be the CEO of their new consumer business unit. The provider, which holds an ambition to treble its customer base over the […]

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Q4 2022 Openreach Progress Update on Wales FTTP Rollout

The Welsh Government (WG) has published a Q4 2022 progress update on their £52.5m Phase 2 Superfast Cymru contract with Openreach (BT), which reveals that a total of 35,770 extra premises (up from 34,122 in Q3) have now gained access to their gigabit speed Fibre-to-the-Premises (FTTP) broadband ISP network. The original plan consisted of two […]

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Full Fibre UK ISP Jurassic Fibre Highlights Big Rise in Women Workers

Network builder and broadband ISP Jurassic Fibre, which is rolling out a 1Gbps+ Fibre-to-the-Premises (FTTP) network across the South West of England, has today celebrated a 209% rise in the number of women in its workforce in just two years (now accounting for 30% of the company’s total). At present Jurassic Fibre is being backed […]

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Starlink Allows UK Customers to Rent Satellite Broadband Kit

SpaceX’s Starlink ISP, which uses thousands of compact satellites in Low Earth Orbit (LEO) to deliver low latency ultrafast broadband speeds to homes, has launched a new option for UK customers that enables you to avoid paying one big setup fee for the hardware (dish, router etc.) via an additional monthly rental. Customers in the […]

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National Museum of Computing to Open New Flowers to Fibre Exhibition

The National Museum of Computing in Bletchley (Buckinghamshire, England) is to open a new Gallery Exhibition on 11th March 2023 – ‘Flowers to Fibre’, which as the name suggests will aim to tell the “hidden story” of Britain’s telecommunications journey all the way through the copper and fibre optic broadband age. The new exhibition reflects […]

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Councils Warn of Problems as Analogue UK Phone Services End

The Local Government Association, which represents councils across England and Wales, has warned that traffic lights, cash machines and vital telecare equipment used by almost 2 million vulnerable people may “cease to operate” when analogue copper phone services are withdrawn in 2025 – unless more support is provided. As a reminder, there are two different, […]

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Egyptian govt looks to sell 10% stake in Telecom Egypt

News The shares will reportedly be made available to both foreign and domestic investors This week, sources speaking to Reuters report that the government is looking to offload a 10% of its 80% stake national network operator Telecom Egypt. At its currently share price, this stake would be worth around $150 million. According to the report, the government will be open to both domestic and foreign investors. The news of a stake sale should come as no real surprise. The Egyptian government is...

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