SES to buy Intelsat for $3.1bn
Luxemburg-based satellite company SES has signed a deal to buy Intelsat Holdings for $3.1 billion. The deal comes less than a year after the two companies broke off merger talks.
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Author: Georgia Sweeting
Omdia’s Sameer Malik on why a Net5.5G converged IP network is essential to bring the benefits of AI to consumers
Interview At this years’ Huawei Analyst Summit in Shenzhen, China, Total Telecom sat down...
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FCC fines major US operators for illegal data sharing
This week, the US Federal Communications Commission (FCC) has fined major US wireless carriers, including AT&T, Sprint (since acquired by T-Mobile), T-Mobile, and Verizon nearly $200 million for illegally sharing customer location information to third parties without their consent.
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VMO2: Celebrating a century of connectivity
Insight by Lutz Schüler, CEO of Virgin Media O2 What will the world look like in 100 years’ time?...
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FCC gives T-Mobile the green light to buy Mint Mobile
The Federal Communications Commission FCC confirmed last week that it has approved T-Mobile to purchase buy Ka’ena Corp, the owner of Mint Mobile, for up to $1.35 billion.
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AWS invests $11bn in Indiana data centres
Amazon Web Services (AWS) revealed plans for an $11 billion investment in Indiana data centres. The investment, which is the largest of its kind in the state’s history, is expected to generate at least 1,000 new jobs.
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UK government introduces new laws in cyber-attack crackdown
The UK government has announced that new laws have come into force today aimed at better protecting consumers from hacking and cyber-attacks.
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T-Mobile and EQT form JV to buy Lumos
Wireless carrier T-Mobile US has joined forces with EQT, a Swedish investment firm, to launch a new joint venture (JV), through which they will acquire fibre provider Lumos.
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Virgin Media O2 reaches plastic waste milestone
UK mobile operator Virgin Media O2 (VMO2) has announced that it has successfully removed 65 tonnes of single-use plastic from its operations and products since 2021.
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UK Government denies MNOs a Shared Rural Network extension
The UK government has denied a request from three of the UK’s mobile operators (Three, Vodafone and Virgin Media O2) pleading for a deadline extension of the first phase of the Shared Rural Network (SRN).
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UK and New Zealand partner for subsea cable earthquake detection trial
The National Physical Laboratory (NPL), the UK’s National Metrology Institute, has partnered with Measurement Standards Laboratory (MSL) in New Zealand to carry out earthquake detection tests through subsea cables in the Pacific Ocean.
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Connecting communities: nexfibre’s vision for future-proofed digital infrastructure
In the 21st century, access to connectivity is not a luxury, it’s a basic essential service. However, to be a world-class digital economy we need more than the basics; we need digital infrastructure that provides higher speeds, greater resilience and better quality, right across the UK.
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Meta shares tumble after Zuckerberg reveals AI spending increase
This week, Meta released its Q1 earnings report, in which the company announced a heavy increase on AI spending, and confirmed its plan to turn the group into “the leading AI company in the world”.
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TikTok ban inches closer as bill passes the Senate
The US Senate has voted 79-18 to pass a landmark bill to force TikTok’s Chinese owner ByteDance to sell the company or face a ban in the US. The bill gives ByteDance nine months to sell its 60% stake in TikTok, or the app will be blocked for use in the US.
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EU expresses wholesale concerns over KKR–Telecom Italia deal
The European Union’s antitrust regulators have begun asking rivals and customers if the acquisition of Telecom Italia (TIM)’s fixed-line network by US investment firm KKR would negatively affect wholesale competition in Italy, according to a Reuters report, citing people familiar with the matter.
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SoftBank to invest $960m in Japanese AI
Japanese tech giant SoftBank has announced that it will invest JPY 150 billion $960 billion to upgrade its computing infrastructure to deliver a Generative AI (gen AI) platform in the Japanese language.
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“We’ve out innovated China”: US Commerce Secretary slams Huawei chip tech
The US secretary of Commerce Gina Raimondo has dismissed Huawei’s latest chip technology breakthrough powering its latest smartphone, the Mate 60 Pro, which was released in August last year.
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Authenticity in action: Charlotte Scott’s keys to investor relations
Using her experience working in Venture Capital, Angel Investment and with startup businesses, Charlotte Scott, Senior Investor Relations Manager at Innovation SuperNetwork, works to improve the relationship between investors and businesses.
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Macquarie deliberates sale of KCOM
Australian investment banking firm Macquarie, owner of Hull-based operator KCOM, is considering putting the company up for sale, according to a report from The Telegraph.
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PIF’s and STC’s Merger to create Saudi’s largest tower co.
The sovereign wealth fund of Saudi Arabia, the Public Investment Fund (PIF) has signed a deal with telco stc, through which PIF will acquire 51% of Telecommunication Towers Company Limited (TAWAL) from stc.
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