Italian government-backed infrastructure fund F2i has announced that it will invest €1 billion in Telecom Italia (TIM)’s NetCo, acquiring a 10% stak in the newly spun off business. As a result, the company will join US investment firm KKR and the Italian Ministry of Economy and Finance as co-investors.
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This week, AST SpaceMobile has announced a combined $155 million strategic investment from AT&T, Google and Vodafone. AST SpaceMobile will use the financing the help further secure their position in the emerging direct-to-device satellite communications market.
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Amazon Web Services (AWS) has today announced plans to invest 2.2 trillion Japanese yen ($15.24 billion) in Japan’s cloud computing infrastructure by 2027. The investment is expected to add over 37 billion to the Japanese GDP.
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A study undertaken by Bionic, a UK-based broadband comparison company, has revealed that Manchester is the UK’s most digitally inclusive city. After discovering that 1 in 5 UK adults lack the most basic digital skills needed for everyday life, and a shocking 1 in 2 households in the UK have no internet access at all, Bionic dug deeper into how UK cities compared when it came to digital inclusion.
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Orange and Masmovil are set to receive conditional EU antitrust approval for their merger, according to two sources in a Reuters report. The European Commission’s approval is conditional on Romania’s Digi acquiring spectrum from MasMovil and an option for a national roaming service agreement with Orange, the two sources said.
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Nokia has announced that it will invest €360 million in the development of hardware, software, and chip design at its German sites in Ulm and Nuremberg. The investment is part of the company’s long-term goal to strengthen Europe’s value chain.
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The Italian government has cleared Telecom Italia (TIM)’s sale of its fixed line network to US investment firm KKR, noting that KKR’s ownership does not contravene the state’s ‘golden power’ rules designed to protect its strategic assets.
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Following a recent Ofcom crackdown on broadband advertising and mid-contract price hikes, BT have confirmed that they will be adopting a simpler approach to their pricing models, starting from this summer. “Starting in early summer, we will introduce a pricing model consistent with Ofcom’s approach, moving away from % figures and CPI, and offering instead, a clear and simple view of any changes in “pounds and pence,” read the press release.
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EE has announced today that they have completed the first phase of the Shared Rural Network (SRN), six months ahead of schedule. To complete the first phase of the project, operators had to commit to getting rid of coverage ‘partial not-spots’ by extending the reach of their 4G networks.
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News The $1.5 billion deal will see Vodafone replace its European data centres with virtual ones...
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Jio Platforms, the telecoms arm of Reliance Industries, is one of three companies who have expressed an interesting in purchasing the Sri Lankan government’s 50.23% stake in the state-owned firm, Sri Lanka Telecom PLC (SLT). SLT is the largest telco in the country, connecting over 8.5 million subscribers.
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The South Korean government has announced its support for plans to develop a new semiconductor production cluster just outside Seoul, as the country attempts to consolidate its chip production efforts. The cluster, which will be built across 21 million square metres of land, is expected to create 3 million jobs over the next twenty years, according to a report from the Yonhap news agency.
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The second network, which was announced in May last year by communications minister and government spokesman Fahmi Fadzil, is being launched to compete with the government’s 5G vehicle Digital Nasional Berhad (DNB), which currently has monopoly on the 5G market.
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BT has this week signed an agreement with BGC to securely connect company operations in Iraq, helping to accelerate the company’s digital transformation. BGC was established in 2013 as a as a 25-year incorporated joint venture between the Iraqi government (who own a 51% share), Shell (44%), and Mitsubishi (5%).
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DISH Wireless, the wireless network service provider recently reunited with parent company EchoStar, has been awarded $50 million in funding from the US Department of Commerce’s National Telecommunications and Information Administration (NTIA) to launch an Open RAN testing centre.
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Virginia-based Iridium Communications has today launched Project Stardust, an evolution of its direct-to-device (D2D) strategy including3GPP 5G standards-based Narrowband-Internet of Things (NB-IoT) non-terrestrial network (NTN) service development. The solution will be based on Iridium’s existing low-Earth orbit (LEO) satellite constellation.
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US-based Open RAN innovator Parallel Wireless has reached a significant milestone in deploying 1,500 sites across Africa. To achieve this, the company partnered with various regional telecommunications providers and governments in countries including Nigeria, Tanzania, Guinea, Ghana, South Sudan, Uganda, DRC, and Malawi to deploy hybrid networks that are tailored to the differing needs of each country.
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Indosat Ooredoo Hutchison (IOH) has announced that it has agreed to sell its data centres and edge sites to data centre company BDx Indonesia for IDR 2.6 billion ($170 million).
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Virgin Media O2 (VMO2) has this week signed the Greener Litigation Associate Member Pledge, aiming to reduce the environmental impact of its litigation processes. The pledge commits members to supporting more environmentally friendly litigation work, in turn helping them achieve their Net Zero carbon emissions goals.
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Press Release HOUSTON, Texas and SUNNYVALE, California – January 9, 2024 – Hewlett Packard...
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