Telecom news

• Crossrail now “tangibly close” to opening

  02-02-2022 18:35 via ianvisits.co.uk
  
  The Crossrail project is now “tangibly close” to opening the Elizabeth line’s core tunnels, TfL’s Commissioner, Andy Byford has confirmed this morning.
  At the TfL board meeting, he reiterated though that the line, currently due to open in the first half of this year will not open until he is absolutely certain that it can offer a reliable service for passengers.
  Crossrail’s CEO, Mark Wild added that the line, which is currently running test trains through the tunnel
  
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• FBI tells Olympic athletes not to take their phones to China

  02-02-2022 18:23
  
  US security agency the FBI has warned athletes headed to China for the Beijing Winter Olympics to leave their regular phones at home and take burners instead.
  An announcement from the FBI reads: “The FBI urges all athletes to keep their personal cell phones at home and use a temporary phone while at the Games. The National Olympic Committees in some Western countries are also advising their athletes to leave personal devices at home or use temporary phones due to cybersecurity concerns at
  
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• Vodafone/Cevian: slow-moving giant is natural target for activist

  02-02-2022 17:12
  The hedge fund is unlikely to be satisfied with the modest upgrade in the telecom group’s shares
  
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• Plans to improve the street outside Nine Elms tube station

  02-02-2022 16:00 via ianvisits.co.uk
  
  A design competition has opened to improve the main shopping road opposite the newly opened Nine Elms tube station in Lambeth.
  (c) London Festival of Architecture
  Connecting Wandsworth Road to South Lambeth Road, Wilcox Road provides a link between the borough of Lambeth and Wandsworth and is home to a mix of establishments, including retail, hospitality, construction, personal care, as well as residential homes.The design competition, organised by the London Festival of Architecture and Lambeth
  
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• Aria Systems Strikes Gold with TM Forum's Open API Conformance Certification

  02-02-2022 15:00
  Aria now covers all major billing APIs for agile monetization in telecom ecosystems, and is the first multi-industry pure SaaS vendor to do so San Francisco, CA – February 2, 2022 – Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, today announced it has achieved Gold status in the TM Forum Open API Conformance Certification program. Aria is also embarking on a staff certification program to advance the Open API standards eve
  
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• Google makes ludicrous amounts of money from advertising and cloud sales

  02-02-2022 14:04
  
  Alphabet, as it’s technically called, recorded a measly $75.3 billion in revenue for Q4 2021 – a 32% year on year jump.
  Net income came in at $20.6 billion for the period, up from $15.2 billon the year before, which was wasn’t exactly pocket change in the first place.
  Google benefitted from the ever-growing trend towards cloud computing, raking in in $5.5 billion revenue for the quarter, up from $3.8 billion the year before. This follows the trend of Microsoft, who last week po
  
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• ETNO says Europe’s telco investment climate needs ‘dramatic’ improvement

  02-02-2022 13:56
  
  European telcos are spending heavily on fibre and 5G but the financial health of the sector is suffering, according to a report by European telco lobby group ETNO
  Conducted by Analysys Mason, the state of the market found that the European telco sector spent a record €52.5 billion on capital expenditure in 2020, up from €51.7 billion in 2019. The proportion of revenues devoted to CapEx reached 19 percent, the highest in recent history and greater than the US, South Korea or Japan.
  Howe
  
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• Telefonica buys back submarine cable stake

  02-02-2022 13:45
  
  Telefonica is spending a couple of hundred million euros to buy back a stake in its submarine cable business that it sold to KKR almost exactly five years ago.
  Specifically, the Spanish incumbent and partner Pontegadea have agreed to pay €215.7 million, subject to various adjustments, for a 40% stake in infrastructure group Telxius Telecom, owner of a sizeable submarine cables network. It’s pretty much a 50:50 deal; Telefonica will raise its stake in the unit to 70% from 50.01%, while
  
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• Vodafone CEO hints at future M&A

  02-02-2022 13:31
  
  UK operator group Vodafone said it was pleased with how things are going in its latest trading update and might even be tempted to splash the cash before long.
  Operator quarterlies tend to be somewhat dull affairs as the prospects of wild swings in any direction are remote. On the surface Vodafone’s latest numbers are no exception, with organic revenue growth of 3.7%. However, investors are clearly more excited than we are, with Vodafone’s shares up 14% this year. Sometimes slow and
  
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• Tours of the UK’s Supreme Court

  02-02-2022 13:00 via ianvisits.co.uk
  
  Normally, visitors to the Supreme Court next to Westminster Abbey are at the last chance saloon for whatever legal case they are arguing, but on Friday afternoons, the general public are also allowed in for a guided tour.
  Technically, the public are allowed in to attend court cases, but this article is about the heritage tours instead.The Supreme Court’s exterior looks proper ancient but is in fact barely 100 years old – being one the last of the great gothic-revival buildings, and w
  
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• Vodafone chief says turnround push happening despite activist

  02-02-2022 12:00
  Telecoms group subject to campaign from Cevian Capital says desire for consolidation a ‘long-term’ theme
  
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• Vodafone chief says group prepared for ‘proactive portfolio’ action

  02-02-2022 09:39
  Telecoms group subject to campaign from activist Cevian says it is focused on improving returns
  
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• The unexpected interior of the City Temple

  02-02-2022 08:00 via ianvisits.co.uk
  
  Sitting next to the Holborn Viaduct is a grand Victorian church, with a totally modern interior.City Temple has its roots in the Reformation of the 16th century. The church possibly started around 1640 as a nonconformist, congregational church, but some evidence suggests that the church could have begun as early as the 1560s. Some Christians worshipping together became known as Non-Conformists, because they refused to conform with the Book of Common Prayer.
  The church moved around a bit, but its
  
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• Will they, won’t they: MasMovil and Vodafone Spain back at negotiating table

  02-02-2022 01:00
  The Spanish telecoms market is one of the most competitive in the world, with five major mobile players and a myriad of fixed broadband players. Profit margins are slim, with many analysts suggesting that industry consolidation is quickly becoming inevitable.Now, according to reports by Spanish media, such consolidation could finally be underway, with MasMovil approaching Vodafone with an offer to acquire the company&rsquo…read more on TotalTele.com »
  
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• Will they, won’t they: MasMavil and Vodafone Spain back at negotiating table

  02-02-2022 01:00
  The Spanish telecoms market is one of the most competitive in the world, with five major mobile players and a myriad of fixed broadband players. Profit margins are slim, with many analysts suggesting that industry consolidation is quickly becoming inevitable.Now, according to reports by Spanish media, such consolidation could finally be underway, with MasMovil approaching Vodafone with an offer to acquire the company&rsquo…read more on TotalTele.com »
  
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• Telefonica and Zara billionaire to buy KKR’s stake in Telxius

  02-02-2022 01:00
  Telefonica spun off its infrastructure unit, Telxius, back in 2016, giving the unit control of what then amounted to around 16,000 telecoms towers in five countries and roughly 31,000km of submarine fibre optic cables. With investors keen to take advantage of these valuable infrastructure asserts, Telefonica quickly announced that it would launch an initial public offering (IPO) for Telxius…read more on TotalTele.com »
  
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• STC carving out data centre and subsea cables into new unit

  02-02-2022 01:00
  Today, Saudi Telecom Company (STC) has announced that it will separate its data centre, submarine cable, and points-of-presence assets into a new unit, seeking to capitalise on the current surge of investor interest in telecoms infrastructure. The new company’s assets would reportedly have an initial valuation of roughly $560 million, with STC set to invest a further $450 million in the near future…read more on TotalTele.com »
  
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• Nominet teams up with Barnardo's for Project Backpack

  02-02-2022 01:00
  Barnardo’s, the UK’s largest children’s charity, is to create a new digital service that will give professionals supporting children instant access to relevant knowledge and advice, to help them respond with confidence to the continuously evolving challenges young people face online. Funded by Nominet, and working with Parent Zone, Barnardo’s Project Backpack will combine expert knowledge and data with children’s views and feedback, to transform how young people ar
  
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