Telecom news

• Telecom Italia deal has added fibre

  22-11-2021 19:42 via ft.com
  El Salvador’s ‘bitcoin city’, Uber Eats puts weed on menu, Roblox hits Chinese wall
  
  Read more

• Ericsson/Vonage: telecom pioneer finds a successful second act

  22-11-2021 19:18 via ft.com
  Company behind voice over internet protocol almost went bankrupt but was worth hanging on the line for
  
  Read more

• Ericsson/ Vonage: telecom pioneer finds a successful second act

  22-11-2021 19:18 via ft.com
  Company behind voice over internet protocol almost went bankrupt but was worth hanging on the line for
  
  Read more

• London Underground warns tube strikes starting this Friday

  22-11-2021 16:00 via ianvisits.co.uk
  
  Unless called off at the last minute, the RMT union will start a series of tube strikes on the London Underground in the run-up to Christmas, in a dispute over changes to driver duties for the Night Tube.
  If the strikes go ahead, TfL is warning that they could mean a significantly reduced service on the affected lines all day with little or no service in places. Other tube, rail and bus services will therefore be busier to cope with displaced passengers.
  The first of the strikes, affecting the C
  
  Read more

• Advertisement

• Telecom Italia/KKR: competing interests cause a tangle of problems

  22-11-2021 15:35 via ft.com
  Private equity group might have in mind some sort of public private partnership running a separate broadband network
  
  Read more

• Telenor tries True Thai tie-up

  22-11-2021 14:58
  
  Telenor has struck a so-called merger of equals in Thailand between its DTAC arm and rival mobile operator TrueMove.
  The deal is structured as a share-swap with a ratio of 10.22 True shares for every DTAC share. Once the dust settles, Telenor and True will each hold an equal stake in the combined company.
  The agreement may be structured as a merger of equals, but operationally it’s anything but. True is the country’s second-largest operator, with 32 million mobile customers at the en
  
  Read more

• Telecoms sector disruption could be more far-reaching than first thought

  22-11-2021 14:20
  
  Telecoms.com periodically invites expert third parties to share their views on the industry’s most pressing issues. In this piece Simon Woodcock, Director at management consultancy firm Vendigital, looks at the likely effects of current exceptional global challenges on the telecoms sector.
  The financial performance of businesses in the telco sector, from network operators to service and equipment providers, could be impacted for a longer period than they might have initially hoped, du
  
  Read more

• The Telecoms.com Podcast: OpenRAN, Ericsson and retail tech

  22-11-2021 14:02
  
  The Telecoms.com Podcast · OpenRAN, Ericsson and retail tech
  
  Read more

• Advertisement

• KKR makes €10.8 billion takeover bid for TIM

  22-11-2021 13:38
  
  The stage is set for the next big boardroom battle at Telecom Italia following a surprise offer to buy it.
  Private equity firm KKR has launched a €0.505 per share takeover bid that values the Italian incumbent at €10.79 billion. Add in TIM’s net debt, and that valuation jumps to €32.95 billion.
  TIM’s board met to discuss the offer on Sunday, and noted in a statement that KKR’s bid is intended to be a friendly takeover, requiring approval from the board and manage
  
  Read more

• Five London museums share covid recovery funding

  22-11-2021 13:00 via ianvisits.co.uk
  
  Hundreds of arts, heritage and cultural organisations across England have received a share of £107 million from the government as part of an ongoing covid recovery scheme – with just under £32 million being allocated to London organisations.
  There are 266 London organisations receiving funding, broken down by artistic genre as follows:Combined Arts
  £3,916,001
  Dance
  £2.238.641
  Film
  £105,500
  Libraries
  £300,000
  Literature
  £847,761
  Museums
  £788,9
  
  Read more

• Ericsson doubles down on enterprise with $6.2 billion acquisition of Vonage

  22-11-2021 12:09
  
  Swedish kit vendor Ericsson has made its biggest ever acquisition in the form of cloud unified communications provider Vonage.
  This one is a bit of a head-scratcher since its not obvious why unified communications as a service (UCaaS) should be a matter of such strategic importance to a company that sells radios to mobile operators. Having said that, Ericsson reckons 5G is all about offering novel services to all kinds of different industries, so this move does at least complement last year&rsqu
  
  Read more

• Ericsson to pay $6bn for cloud-based services group Vonage

  22-11-2021 09:22 via ft.com
  Acquisition is biggest ever for Swedish telecoms equipment maker
  
  Read more

• Ericsson to pay $6bn for cloud-base services group Vonage

  22-11-2021 09:22 via ft.com
  Acquisition is biggest ever for Swedish telecoms equipment maker
  
  Read more

• Telenor and CP plan biggest Thai telecoms group via $8.6bn merger

  22-11-2021 09:01 via ft.com
  Norwegian company and conglomerate agree deal as region rolls out 5G infrastructure
  
  Read more

• Telenor and CP plan biggest Thai telco through $8.6bn merger

  22-11-2021 09:01 via ft.com
  Deal comes as south-east Asia telcos race to roll out 5G infrastructure
  
  Read more

• London’s Alleys: Haunch of Venison Yard, W1

  22-11-2021 08:00 via ianvisits.co.uk
  
  A side alley off posh Bond Street that is a back entrance to an auction house but is more notable for the distinctive name of the yard.This part of London started being developed in the 1740s from fields into the layout we have today, although at the time it was far from the upper-class area that we associate Mayfair with today. Haunch of Venison Yard was certainly here by the 1760s, almost certainly providing stables and mews for the houses facing onto the main roads around it, and the name com
  
  Read more

• Crossrail starts final testing phase ahead of opening

  22-11-2021 01:01 via ianvisits.co.uk
  
  The Crossrail project has commenced the final stage of testing the line before it can open to the public, after they started Trial Operations on Saturday.
  This now marks the final testing phase of the project before the Elizabeth line opens for passenger services between Paddington and Abbey Wood in the first half of 2022. In total, just over 150 test scenarios will be carried out over the next three to four months, covering a wide range of issues such as station closures, escalator and lift fai
  
  Read more

• Time to benefit: The metric at the heart of successful BSS in the 5G era

  22-11-2021 01:00
  In the past few years, telcos’ shift to the cloud has been increasingly steadily, but is it moving fast enough?For Optiva CEO John Giere, there is still a long way to go for the telecoms industry, with operators taking the process step by step.“Typically no more than 15% of them have done greater than 25% of their workloads to move to the cloud…read more on TotalTele.com »
  
  Read more

• Startup Stories: HAPS and creating a digital twin of the Earth

  22-11-2021 01:00
  Tell us about VAAL AIrshipsVAAL Airships OÜ is a deep-tech startup, working on creating a physical High Altitude Pseudo Satellite platform in order to offer radically improved Earth observability and special connectivity services. The High Altitude Pseudo Satellites (HAPS) that VAAL develops have the potential to replace satellites – enabling many climate monitoring solutions and connectivity while significantly reducing ecological footprint doing so. A digital twin of the earth can
  
  Read more

• KKR targets TIM takeover for €10.8bn

  22-11-2021 01:00
  In recent years, TIM has faced something of an uphill battle in its home market, with the company facing increasingly stiff domestic competition and expensive rollout costs for 5G and fibre networks. Combined, these factors have seen the company’s share price decline significantly, with the company recently forced to issue profit warnings for the second quarter in a row.As a result, CEO Luigi Gubitosi has found himself under siege from the company’s largest single shareholder&hellip
  
  Read more

• Ericsson to acquire Vonage for $6.2bn to leverage cloud platform

  22-11-2021 01:00
  Today, Ericsson has announced its intention to purchase US cloud-platform company Vonage in a transaction worth around $6.2 billon. The move represents Ericsson’s increasing efforts to shift into the enterprise business space, aiming to help these customers benefit from additional services on top of the high speeds being unlocked by 5G networks.“Imagine putting the power and capabilities of 5G, the biggest global innovation platform, at the fingertips of developers. Then back i
  
  Read more

Follow @Telecom_UK_ on Twitter!