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News The EXIM Bank of China has authorised a loan of almost $100 million to help state-owned Solomon Telekom deploy 161 new mobile towers This week, the Solomon Islands’s government has announced that it has a secured considerable loan from the Exim Bank of China, with the funds being used to deploy 161 new mobile towers across the country. The loan of roughly $94 million will be repaid over 20 years, with an annual interest rate of 1%. The government said that the towers will be gradually...

News The operator says that it has launched a quintet of new paid apprentice schemes, aiming to nurture the next generation of telecoms talent This week, Virgin Media O2 (VMO”) has announced that launch of five new apprenticeship schemes, set to focus on digital marketing, cyber security, quantity surveying, network cabling and DevOps. These new schemes will run in addition to the 40 the company already offers in these crucial areas, with VMO2 also running alternative schemes for network...

News Infrastructure has initially been deployed around two-thirds of the way up the mountain, with plans to see the peak connected to the internet by the end of the year This week, the Tanzanian government has announced that state-owned mobile operator Tanzania Telecommunications Corporation (TTC) has begun connecting Africa’s highest mountain to the internet. The government said that it had completed the installation of telecommunications equipment 3,720 metres up the mountainside, providing...

News With its African and Middle Eastern portfolios continuing to perform strongly, the independent tower operator has set aside a further $650 million for acquisitions in 2022 This week, Helios Towers have announced its latest financial results, showing a revenue increase of 25% from $212.4 million in HY1 2022 to $265.4 million in H2. Helios attributes this significant bump to the strong performance of its newly acquired towers in Africa in recent years, with the company gaining towers from...

News Connecting America: the Total Telecom roundup of broadband development news from around the web Total Telecom are keeping track of the latest news from the USA as billions of dollars pour into developing internet access for all. If you are interested in a more in-depth look at how progress is being made, check out our new Connected America event. 19 August 2022 Kentucky’s Kenergy partners with Conexon Connect to bring fibre broadband to rural areas – telecompaper 18 August 2022...

News A bidding war for Oi’s 8,000 towers could just around the corner, with media suggesting that giants American Tower Corporation (ATC) and IHS Towers are poised to bid Today, Brazilian media is reporting that both ATC and IHS Towers are lining up to bid for OI’s 8,000 mobile towers, situated throughout Brazil, according to anonymous sources close to the matter. Oi has already received a binding offer of roughly $326 million in early August for the towers from NK 108 Empreendimentos e...

News Sources suggest that a sale could raise up to $300 million, with both private equity and other industry players as potential buyers Singtel first acquired Chicago-Trustwave back in 2015 for $770 million, with the operator hailing the cybersecurity firm as a step towards diversifying its telecoms portfolio amid the sluggish growth of its traditional revenues. Since then, however, Trustwave’s performance has been mixed, with Singtel in recent years suggesting that the coronavirus pandemic...

Press Release The refreshed brand will help cement CityFibre’s position as the UK’s second largest full fibre network CityFibre, the UK’s largest independent full fibre platform, has today launched a major overhaul of its brand, updating its visual identity, messaging and tone of voice to reflect its status as the nation’s digital infrastructure challenger and to more effectively engage millions of people as it rolls out its new networks across the country. Research conducted on CityFibre’s...

NEWS The sale to ICT firm 4iG and state-backed Corvinus will dramatically alter the dynamics of the Hungarian telecoms market Today, Vodafone has announced that it has entered into a binding agreement to sell its Hungarian unit, Vodafone Hungary, to local ICT giant 4iG and state holding company Corvinus. The deal, worth €1.8 billion, will create “a clear #2 operator across mobile and fixed communications”, with the Hungarian government having long sought to create a “national ICT champion” for...

Viewpoint Article Digital transformation has been accelerating while the new technologies such as 5G, AI, big data, cloud etc. adopted globally This definitely gives Communication Service Providers (CSPs) the opportunity to unblock at least $700 billion in new revenues from the verticals. As CSPs deployed the 5G networks widely and the number of connected devices will be increased from 13 billion to more than 30 billion by 2025 according to a survey report, the networks become more complex. If...