BT fined £2.8m over EE and Plusnet contract failures
BT, the parent company of EE and Plusnet, has been hit with a £2.8 million fine from Ofcom after failing to provide potential customers with clear contract information before signing up.
Read More
Author: Georgia Sweeting
TalkTalk founder Sir Charles Dunstone attempts rescue with £150m cash injection
Along with its other shareholders, Talk Talk’s founder Sir Charles Dunstone is set to inject over £180 million into the company as struggles under the weight of a debt pile exceeding £1 billion.
Read More
Spanish govt matches STC’s Telefónica stake with 10% acquisition
The Spanish government’s investment fund SEPI has reached its target of acquiring a 10% stake in Telefonica, after being instructed to do so by Spanish government.
Read More
Telefonica Tech inks cybersecurity deal with Microsoft
Telefonica Tech, the digital services arm of the Spanish telco, has announced a new partnership with Microsoft to provide next-generation cybersecurity services to companies around the world.
Read More
Sparkle completes international VPN trial with quantum encryption
Sparkle, Telecom Italia (TIM) ’s international services arm, has completed the first test of an international Virtual Private Network (VPN) protected with quantum encryption in partnership with Arqit Quantum, a UK company that specialises in quantum-safe encryption.
Read More
BT scraps 2025 landline switchover deadline
BT has confirmed today that it will delay the switch-off of all copper-based phone lines across the UK until 2027, two years later than originally planned.
Read More
SubCo to upgrade Australian subsea cable system
Australian subsea cable company SubCo has announced an upgrade to the capacity of its SMAP subsea cable system that connects Sydney, Melbourne, Adelaide, and Perth (S-M-A-P). The cable spans roughly 5,000km, was supplied by Alcatel Submarine Networks, and was installed by Optic Marine Systems.
Read More
KPN inks Eneco deal to install solar panels on windfarm
Dutch telco KPN has announced the signing of a 15-year deal to source green energy from Eneco. Eneco is currently deploying around 88,000 solar panels at its existing windfarm in Kabeljauwbeek.
Read More
Microsoft advises China-based AI employees to relocate as geopolitical tensions flare
Microsoft is asking around 800 China-based staff working in cloud-computing and AI to consider relocating, according to a report from the Wall Street Journal.
Read More
BT announces plans to cut costs by further £3bn
This week, BT released its financial results for the full year to 31 March 2024. Reported revenue currently stands at £20.8 billion, up 1% from this time last year, as a result of price increases for broadband customers, fibre-enabled product sales in Openreach, and increased revenue in the consumer division.
Read More
Virgin Media O2 reaches major milestone with 150 Shared Rural Network sites deployed
Virgin Media O2 has hit another significant milestone in its work to deliver the Shared Rural Network (SRN) after rolling out reliable 4G coverage to 150 rural communities.
Read More
Axiata and Sinar Mas discuss $3.45bn Indonesian merger
Indonesian telco Axiata and conglomerate Sinar Mas have entered discussions to discuss a potential merger of their Indonesian telecommunications operations.
Read More
FCC settles investigations into unauthorized undersea cables
The FCC’s Enforcement Bureau today resolved two investigations into the América Móvil Submarine Cable System, which connects the United States to two additional cable landing stations located in Colombia and Costa Rica, respectively, without the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector’s (commonly known as Team Telecom) review or the required FCC approval.
Read More
Spanish regulators clear Zegona’s acquisition of Vodafone Spain
This week, Zegona’s acquisition of Vodafone Spain has received approval from Spanish regulators. The deal was first confirmed last October.
Read More
UK’s fastest supercomputer switched on
The UK’s fastest and most powerful supercomputer, known as Isambard-AI, has been switched on at the University of Bristol this week. The computer is officially the most sustainable supercomputer in the UK.
Read More
Investors shorting BT for $300m in twelve-year record
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.
Read More
CityFibre completes acquisition of Lit Fibre
Today, CityFibre has completed its acquisition of Lit Fibre from Newlight Partners, who will remain minority shareholders as per the transaction agreement.
Read More
East Africa suffers major internet outage due to subsea cable break
Countries in East and Southern Africa are currently suffering from an internet outage caused by faults along numerous submarine cables. The cause of the damage is currently unknown.
Read More
Bharti Airtel and Google sign Indian cloud deal
Bharti Airtel and Google Cloud have announced a strategic collaboration to offer advanced cloud solutions to businesses in India. The deal will bring new cloud solutions from Google Cloud to Airtel customers, including 2,000 large enterprises and one million emerging businesses.
Read More
SK Telecom to spearhead global AI data centre standardisation
South Korean telco SK Telecom has announced that its proposal to standardise technology for AI data centres has been approved as a new research project by the ITU-T (the International Telecommunication Union’s Telecommunication Standardization Sector), a United Nations specialised agency.
Read MoreRecent Articles
Recent Video
- Podcast preview: Connected America’s star-studded agenda
- ‘Innovation has no ZIP code’: Azercell talks AI leadership
- 5G Standalone, slicing, and the path to network monetisaton
- “Not just a pipe”: Incognito talks ISP agility and value-added services
- New CityFibre CEO talks growth and altnet consolidation at Connected Britain
