Telecom news

• Telcos try more fibre in their diet

  17-12-2021 20:37 via ft.com
  Meta’s anti-spying actions, Oracle close to biggest deal, Palantir data move
  
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• TfL gets funding deal extension from the government

  17-12-2021 18:59 via ianvisits.co.uk
  
  Transport for London’s existing funding deal with the government, which was due to expire today has been extended, again, to 4th February 2022.
  The decision gives both sides more time to negotiate the terms of a long-term settlement to secure the future of London’s public transport services, which were thrown into some disarray by the latest Covid restrictions. It would not have helped that the Department for Transport (DfT) says that TfL’s own submissions for a funding package
  
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• Intelsat gets the OK for restructure after bankruptcy filing

  17-12-2021 14:13
  
  Struggling US satellite firm Intelsat has been given the go ahead to action its bankruptcy plan, which is designed to halve its debt.
  The Bankruptcy Court for the Eastern District of Virginia has given approval for the firm to complete its financial restructuring, which is intended to reduce its debt from approximately $16 billion to $7 billion. Intelsat filed for Chapter 11 in May 2020 to fund the clearing costs associated with the US C-band auction.
  The firm is set to emerge as a private compa
  
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• HS2’s tunnel boring machines arrive in North-West London

  17-12-2021 13:00 via ianvisits.co.uk
  
  Two giant tunnel boring machines have been delivered to a construction site in West Ruislip, where next year they will start drilling HS2 tunnels towards the HS2 station at Old Oak Common.The 1,900-tonne machines were delivered to HS2’s last month in an operation that required a huge amount of logistical coordination, with support from the Police and National Highways. The largest components of the machines were transported by road from Essex ports on vehicles that could support the extra-
  
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• CMA says Cellnex purchase of CK Hutchison towers would create a duopoly

  17-12-2021 12:23
  
  The UK Competition and Markets Authority has said that the proposed deal for Cellnex pick up CK Hutchison’s passive infrastructure risks higher mobile costs.
  Part of a wider £8.6 billion deal, the purchase involves the sale of CK Hutchison’s passive infrastructure across six countries – around 30,000 sites in total.
  The CMA, which launched the investigation back in May, asserts that the purchase would create an effective duopoly, in which Cellnex and CTIL would account fo
  
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• CMA says Cellnex purchase of CK Hutchinson towers would create a duopoly

  17-12-2021 12:23
  
  The UK Competition and Markets Authority has said that the proposed deal for Cellnex pick up CK Hutchinson’s passive infrastructure risks higher mobile costs.
  Part of a wider £8.6 billion deal, the purchase involves the sale of CK Hutchison’s passive infrastructure across six countries – around 30,000 sites in total.
  The CMA, which launched the investigation back in May, asserts that the purchase would create an effective duopoly, in which Cellnex and CTIL would account f
  
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• MTN replaces South Africa CEO

  17-12-2021 10:56
  
  Africa-based telco group MTN is waving goodbye to the CEO of its South African unit Godfrey Motsa.
  South Africa is the group’s second-largest opco by service revenue after Nigeria, generating ZAR19.25 billion in the first half of this year – almost a quarter of MTN’s group revenue. It also accounts for nearly a third of MTN Group’s data revenue. Impressive given MTN has presence in 20 markets.
  After five years in charge of one of the jewels in MTN’s crown, Motsa wil
  
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• Greek incumbent OTE Group ploughs billions into fibre

  17-12-2021 10:56
  
  The OTE Group has announced plans to roll out full fibre to 3 million homes and businesses in Greece over the next five years, investing around €3 billion in the process.
  The company, which operates as Cosmote, detailed what it described as “a sharp increase” in investments in fibre. Its total spend will exceed €3 billion by 2027, it said, without disclosing what its previous budget looked like.
  Careful wording aside, this is welcome news for Greece, which lags behind its E
  
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• Is breaking up all that’s left for telecoms to do?

  17-12-2021 06:00 via ft.com
  How 20 years covering a declining and hapless sector left me feeling beleaguered
  
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• Verizon completes public cloud triple with Google Cloud deal

  17-12-2021 01:00
  Throughout much of the telecoms world, there is a major debate surrounding the shift to public or private cloud. Those that choose to pursue the public cloud typically then have a choice between the three major cloud players – Amazon Web Services (AWS), Microsoft Azure, and Google Cloud – with other players like Oracle…read more on TotalTele.com »
  
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• The CMA could force Cellnex to divest portion of UK towers to green light Hutchison deal

  17-12-2021 01:00
  In November 2020, Spanish infrastructure giant Cellnex signed a €10 billion deal to purchase all of CK Hutchison’s European mobile tower assets. In total, this deal spanned around 24,600 towers in various markets across the continent, including around 6,000 in the UK.But while the acquisition of Hutchison’s towers in markets like Italy, Austria, Denmark, and Ireland were closed with little delay, the UK is proving something of a headache…read more on TotalTele.com »
  
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• Telekom Malaysia leases fibre network to DNB but mobile players stay silent

  17-12-2021 01:00
  This week see’s Malaysia’s DNB sign a deal with Telekom Malaysia for the lease of the latter’s national fibre network, using it to support its burgeoning 5G network. Telekom Malaysia’s fibre network spans some 640,000km across the country and will be used by DNB to provide fronthaul and backhaul services for the 5G mobile sites soon to be deployed around the country. &ldquo…read more on TotalTele.com »
  
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• Standardised framework agreements ease 5G deployment in Germany

  17-12-2021 01:00
  An agreement signed between 1 & 1 Versatel and BUGLAS, the German Fiber Optic Association, will enable around 70 local operators toparticipate in 5G expansion in Germany…read more on TotalTele.com »
  
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• Irish government looks to Taskforce to deliver on sustainable social and economic development

  17-12-2021 01:00
  The government of Ireland has committed to reintroducing The Mobile Phone and Broadband Taskforce originally created in 2016 ahead of the National Broadband Plan to identify areas with poor connectivity and address barriers to it's improvement…read more on TotalTele.com »
  
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