Telecom news

• The day I drank a bottle of Mouton Rothschild wine

  30-07-2021 19:00 via feedproxy.google.com
  
  After a visit to Waddesdon Manor’s wine cellar last week, it reminded me of something that happened a long time ago.
  Many years ago I was working in a rather run-down branch of Victoria Wine in Windsor that was being managed by a couple of people who did the bare minimum to keep it going. Hardly any stock and what was available was packed in wide rows on shelves to cut down restocking efforts during the week.
  Eventually, they left and I took over as manager for want of anyone else wanting
  
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• The Marble Arch Mound – as bad, and not as bad as you’ve heard

  30-07-2021 16:00 via feedproxy.google.com
  
  A large mound has appeared at Marble Arch and provoked an almost universal emotion of mockery.
  What was promised to be a richly verdant woodland hill that people could climb up has ended up looking like someone raided the local greengrocer for some sheets of fake grass and piled them up on some boxes. A handful of trees poke out of large holes looking not unlike rockets launching into space from underground bunkers.
  Rudimentary scaffolding stairs lead to the top, where an upturned shipping conta
  
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• New subs bolster T-Mobile’s quarter, again

  30-07-2021 15:10
  
  T-Mobile USA reported a strong Q2, which the company attributed to growth of its subscriber base, outgrowing its direct competitors AT&T and Verizon.
  T-Mobile USA reported that it added 1.3 million postpaid wireless customers, including 627,000 postpaid phone users. This addition is slightly smaller than AT&T’s 789,000 but way ahead of the 275,000 new postpaid phones uses gained by Verizon in the same quarter.Source: T-Mobile USA
  In terms of financial performance, the total revenue
  
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• Inmarsat orchestrates new hybrid network

  30-07-2021 14:05
  
  Satellite operator to invest $100m in at least 150 LEO satellites to create a multi-orbit constellation combined with a terrestrial 5G network.
  Inmarsat announced plans to create a ‘multi-orbit’ constellation called Orchestra, intensifying competition in an increasingly crowded market in space.
  The UK-based satellite operator aims to add a terrestrial 5G network and a small constellation of low earth orbit (LEO) satellites to its existing and planned group of satellites in geostation
  
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• Are we seeing the beginning of the end of big tech’s good pandemic in Amazon’s quarterly?

  30-07-2021 13:51
  
  Amazon has delivered another solid quarter, but the numbers fell short of market expectations. When looked together with the latest financial results from other big tech companies, it is tempting to ask if the pandemic bonus is coming to an end.
  There’s no doubt that the big techs have had a very good pandemic. Lockdowns and work-from-home orders have driven up both consumers’ spending on digital life and corporates’ spending on IT infrastructure, from which companies like Micr
  
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• Eurobites: Xavier Niel bids €3.1 billion to take Iliad private

  30-07-2021 13:47
  
  Also in today’s EMEA regional round-up: Proximus earnings slip in Q2; Sparkle teams up with Google on subsea links; Orange sets targets.Shares in French operator Iliad soared by as much as 62% on the Paris exchange on Friday morning in response to billionaire owner Xavier Niel’s €3.1 billion bid – equivalent to €182 per share – to take his company private. As Bloomberg reports (paywall applies), Niel was concerned about the recent drop in value of Iliad’s
  
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• Tickets Alert: Reigate Caves tickets now available

  30-07-2021 13:00 via feedproxy.google.com
  
  Underneath Reigate town centre is a series of large caves* that are usually open to the public for a few days during the summer.
  With the lockdown easing, they are now reopening, but this year you need to book tickets in advance to help them manage visitor numbers instead of just turning up on the day.
  They’re not opening up the main cave yet, but are opening the other two caves, which will be the East Side Caves in Tunnel Road, and Barons’ Cave.
  The East Side Caves were used for sto
  
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• London’s cycle hire marks its 11th birthday

  30-07-2021 12:41 via feedproxy.google.com
  
  Today marks the 11th anniversary of London’s cycle hire scheme, having earlier this year passed 100 million bike hires.
  The cycle hire scheme launched at 6am on 30th July 2010 with 315 docking stations and 5,000 bikes across eight London boroughs, and a decade later, the cycle hire scheme has more than 750 docking stations and over 14,000 bikes.
  TfL has also confirmed that the scheme will be expanded next year, with eight new docking stations being added to Southwark.
  Unsurprisingly with a
  
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• Xavier Niel launches offer to take private his Iliad telecoms empire

  30-07-2021 09:18
  Tender offer unveiled for remaining 30 per cent of low-cost provider
  
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• Xavier Niel launches offer to buy out his €11bn Iliad telecoms empire

  30-07-2021 09:18
  Billionaire founder’s tender offer for remaining 30% signals belief his group’s prospects are undervalued
  
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• Sparkle and Google partner to build two subsea cables

  30-07-2021 02:00
  Google and Sparkle have announced they are collaborating to build and operate two new submarine cable systems. The first system named Blue will connect Italy…read more on TotalTele.com »
  
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• France’s Iliad could be delisted following billionaire buyout

  30-07-2021 02:00
  Today, billionaire Xavier Niel has announced that he intends to takeover Iliad, the French telecoms group he founded 22 years ago, and delist it from the stock market.Currently, Niel owns around 71% of Iliad’s shares and will seek to purchase the remaining 29% for&nbsp…read more on TotalTele.com »
  
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• Fibre overtakes DSL in the OECD for the first time

  30-07-2021 02:00
  Fibre’s rapid growth over the last decade is reflected in the study, with it making up more than 30 per cent of fixed broadband subscriptions across the OECD&rsquo…read more on TotalTele.com »
  
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• Cancom sells UK&I unit to Telefonica Tech in €400m deal

  30-07-2021 02:00
  Telefonica Tech has announced an agreement with Munich-based Cancom Group to acquire 100% of Cancom UK&I for €398 million. Cancom UK&I’s history is a relatively recent development. IN 2018, Cancom Group purchased a pair of UK businesses, Ocean Intelligent Communication and OCSL…read more on TotalTele.com »
  
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• Canadian 5G auction raises $7.2bn

  30-07-2021 02:00
  Yesterday, Canada announced the completion of its 3.5 GHz spectrum auction, seeing all three of Canada’s major mobile operators make significant investments. In fact, around 80% of the $7.2 billion raised by the record auction was paid by just three telcos, with BCE reportedly spending $1.68 billion, Rogers $2.64 billion, and Telus $1…read more on TotalTele.com »
  
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