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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GSMA’s API project Open Gateway picking up steam one year since launch
The GSMA launched their Open Gateway initiative – which seeks to create a unified Application Programming Interface (API) development platform for telcos and app developers – at last year’s Mobile World Congress (MWC).
Millicom offloads 1,100 Colombian towers to KKR
This week, Millicom’s subsidiary Tigo Colombia has agreed to sell around 1,100 of its mobile towers to US investment firm KKR. The towers will be managed by KKR in partnership with NEXO LatAm, the digital infrastructure platform that manages KKR’s fibre investments throughout Latin America.
SPLANG and EllaLink plan subsea route between Europe and French Guiana
EllaLink will provide a secured connection between French Guiana, home of the European Space Centre, and continental Europe through a new high-capacity and low-latency route
Telstra expands into Latin America with new subsea cable
Telstra International, the global arm of Australian telco Telstra, has expanded its presence in Latin America by establishing a new point of presence (PoP) in Dallas, Texas, and also signing deals with Mexican telcos Axtel and Vivaro. The news comes days after the company inked a connectivity deal with Google and APTelecom.
Portugal Telecom shareholders OK Altice deal
Oi makes progress with plan to focus on its Brazilian operations; names new CEO.
NII returns to subs growth, but posts hefty losses
Latin American telco says posting first quarterly subscriber additions in six quarters represents turning point.
Telefónica aiming to privatise German unit
News Telefónica Germany currently has a market value of €5 billion Telefónica has announced its intention to launch a bid for the 28.19% of Telefónica Deutschland shares that that it does not already own for a total of €1.9 billion. In a statement released today,...
Accelerating Telefónica network autonomy
PRESS RELEASE On September 20, 2023, TM Forum, organized the Autonomous Networks Summit 2023 in Copenhagen, Denmark. Esteemed industry leaders, world-leading communications service providers, and suppliers convened to share their insights and perspectives. Director...
Deutsche Telekom launches new London network connection
News The route is the newest of three between the UK and mainland Europe Deutsche Telekom has announced an upgrade to its cross-continental Lambda network, adding a third route across the channel between London and mainland Europe. The new route runs between London...
Huawei and South Africa begin broadband initiative
News The duo say the partnership will aid the advancement of South Africa’s digital economy South Africa’s Department of Communications and Digital Technologies (DCDT) and Huawei South Africa have launched a joint broadband development initiative, with the aim of...
Italian government to take 20% stake in TIM’s NetCo
News NetCo includes TIM’s fixed line network assets and their submarine cable subsidiary unit, Sparkle The Italian government has announced that it has approved two decrees that will enable it to take up to a 20% stake of Telecom Italia (TIM)’s NetCo, with the rest...
US government announces $3.5 million in grants to Tribal Communities
News The funding is part of President Biden’s ‘Internet for All’ initiative, which promises a high-speed internet connection to every American citizen by 2030 The National Telecommunications and Information Administration (NTIA), part of the US government’s...
T-Mobile to cut 5,000 US jobs
News The announcement comes as the firm fights with rising costs in the increasingly competitive market T-Mobile US has announced that it will cut 5,000 jobs in the US, reducing its 71,000-person workforce by 7%. The job cuts will take place over the next five...
Telefonica signs worldwide partnership deal with Starlink
News Starlink, the satellite constellation arm of Space X, launched its business solutions early this year Spanish telco Telefónica has signed a deal with Starlink to become its worldwide partner, through its global business division Telefónica Global Solutions (TGS)....
Friday Financial Roundup
News A summary of all the essential financial news in the telecoms world this week Three UK publishes half year results In the company’s half-year results, Three saw revenue increase by 4% to £1.23bn due to an increase in the active customer base. Net customer...
Telefónica sells majority share of Peruvian fibre network to KKR
News Telefónica has sold a 54% stake in its Peruvian network to US-based investment firm KKR and 10% to Entel Peru, retaining a 36% share In an effort to reduce debt and fund investment to build 5G mobile networks, Telefónica, one of Spanish America’s largest...
EllaLink and EXA Infrastructure sign strategic partnership
Press Release EllaLink, the high-capacity fibre-optic submarine cable directly connecting Europe with South America, and EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, today announce a unique joint...
Oi SA and Huawei signed a MoU on FTTR cooperation, accelerating premium digital base construction
VIEWPOINT During the Mobile World Congress 2023 (MWC 2023), Oi SA, the second largest broadband service provider in Brazil with more than 4 million subscribers, signed a memorandum of understanding (MoU) with Huawei on commercializing fiber to the room (FTTR)...
SKT takes its Ifland metaverse platform global
Press Release SK Telecom (SKT) today announced that its metaverse platform 'ifland' simultaneously launched in 49 countries and regions throughout the world With the global launch of ifland, SKT will actively utilize K-pop content, develop attractive content with...
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