Telecom news

• BT warned its survival depends on delivering full-fibre networks

  26-04-2018 18:46
  Head of Ofcom tells group it must ‘fibre up or risk fading away’
  
  Read more

• BICS and Fastweb combine to link Europe and MEA

  26-04-2018 18:34
  Connectivity vendor BICS has joined forces with Italian operator Fastweb to augment communications links between Europe, the Middle East and Africa.
  The strategic partnership aims to combine BICS’ pan-European network with Fastweb’s fibre backbone in Italy and its access to submarine cable systems originating in Sicily. The point of this joint effort is to offer intercontinental connectivity services wholesale to other operators.
  “We are highly satisfied with this partnership a
  
  Read more

• Ericsson gets its own Windy Italian job

  26-04-2018 17:52
  Ericsson has announced it has won a contract to virtualise and upgrade the core network of Italian operator Wind Tre as part of the 5G-evolution core modernization strategy.
  With the five-year contract set to kick off this quarter includes the delivery of a self-contained project to deploy a virtualized core network and orchestration capabilities according to ETSI NFV Management and Orchestration (MANO) group standards.
  “This is another big step in the journey that Wind Tre is making to pr
  
  Read more

• UK Gov puffs out chest with £1bn AI deal

  26-04-2018 17:27
  The UK government has announced the development of a £1 billion deal to put the nation at the ‘forefront’ of the artificial intelligence industry, which has been backed by 50 tech firms.
  The move includes £300 million of newly allocated government funding for AI research, and is the most tangible action to come out of the Department for Digital, Culture, Media and Sport (DCMS), which to date has done little more than flap around and visit museums. Other government initiat
  
  Read more

• Advertisement

• Quarterlies round-up; Telefonica UK, Orange and AT&T

  26-04-2018 14:16
  It’s that time again for us to line up the telcos and judge. Here we’ll be having a look at how Telefonica UK, Orange and AT&T measured up over the last three months.
  O2 spending needs to continue to consolidate top spot
  Telefonica’s UK business continued writing cheques through the last quarter to correct a pretty poor record to date, which does seem to be paying off. Aside from capturing the top-spot when it comes to market share, total revenues increased 2.9% year-on-yea
  
  Read more

• Nokia shares plunge on weak Q1 2018 numbers

  26-04-2018 14:14
  Finnish networking vendor Nokia had a disappointing Q1, with profits sinking year-on-year, resulting in a 7% share price decline at time of writing.
  Revenues at Nokia’s core networks business declined 12% YoY, but were only down 3% once its accountants had finished working their currency magic. The problem was that only yielded an operating margin of 4.8%, down from 6.3% a year ago, resulting in a YoY operating profit plunge of 87% for networks. Total group operating profit fell well short
  
  Read more

• Huawei pulls €500m bond offering moments before pricing

  26-04-2018 13:57
  Debt issue called off despite strong demand on report of US probe
  
  Read more

• Huawei cancels €500m bond before deal closes

  26-04-2018 13:57
  Debt issue called off despite strong demand on report of US probe
  
  Read more

• Advertisement

• Legal, customer, demand and acquisition issues; Qualcomm’s troublesome Q2

  26-04-2018 12:38
  A lengthy legal dispute with Apple, weakening demand for 3G/4G devices, fending off Broadcom, potentially losing ZTE as a customer and regulatory blockages in China; it’s been an chaotic quarter for Qualcomm.
  That said, it wasn’t exactly a bad period for the chip giant. Sequentially revenues were down 13%, though that was to be expected following seasonal demand, but at $5.3 billion the team managed to realise a 5% year-on-year increase. The management team has warned of declining re
  
  Read more

• Interoute fibre powers the new Vatican online news portal

  26-04-2018 11:44
  Interoute’s fibre optic network enables digital transformation for the VaticanLondon, UK, 26 April 2018 - Interoute, the global network and cloud company, today announced that its fibre network is supporting the launch of The Vatican Communications Secretariat’s new online portal www.vaticannews.va. The portal incorporates many different communication channels (radio, TV and publishing) into a single interface, supporting the Church's mission to address the current digital environmen
  
  Read more

• O2 to convert 1,000 UK mobile sites to 4G following £524m spectrum spend

  26-04-2018 02:00
  O2 is to connect 1,000 locations across the UK to its 4G network, following the company's £524 million spending spree at Ofcom's spectrum auction earlier this month. O2 spend close to &pound…read more on TotalTele.com »
  
  Read more

• Huawei and Globalcom to build new subsea cable in West Africa

  26-04-2018 02:00
  Huawei has signed a deal with African telco Globacom to build a new subsea telecommunications cable off the Nigerian coast.The Glo2 cable will be approximately 850km long and will initially connect the Nigerian city of Lagos with towns and cities in the south…read more on TotalTele.com »
  
  Read more

• Facebook beats analyst's expectations as revenues surge in Q1 2018

  26-04-2018 02:00
  Facebook has posted a strong set of financials for the first quarter of 2018, providing a much-needed shot in the arm for the social media giant. Facebook saw $27 billion wiped off the value of its share price in Q1 2018 (roughly 5 per cent of the company's value)…read more on TotalTele.com »
  
  Read more

• China warns US to stop undermining investor confidence

  26-04-2018 02:00
  China has urged the US to stop undermining confidence in what it called "win-win international trade", as the US looks set to launch a new probe into a Chinese company…read more on TotalTele.com »
  
  Read more

Follow @Telecom_UK_ on Twitter!