Telecom news

• Meta cull compounds tech sector gloom

  09-11-2022 19:05
  The company formerly known as Facebook is getting rid of 11,000 people as its boss admits to getting carried away.
  Meta boss Mark Zuckerberg published an email he sent to the whole company, which started as follows: “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history. I’ve decided to reduce the size of our team by about 13% and let more than 11,000 of our talented employees go.”
  To be fair to Zuck he shouldered the blame for this
  
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• Can the Circular Economy help solve the supply chain crisis?

  09-11-2022 17:27
  Telecoms.com periodically invites expert third parties to share their views on the industry’s most pressing issues. In this piece Darren Pearce, Group CEO from TXO, explores innovative ways of extending the lifecycle of products.
  Despite hopes that global supply chain issues will improve in 2022, some telecom operators think the worst is yet to come. While original equipment manufacturers (OEMs) are experiencing wait times for new products of up to a year or more, impacting sales forecasts
  
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• Amdocs accelerates in the Americas

  09-11-2022 15:25
  Telecoms software and services vendor Amdocs has added to strong North American revenues with a couple of major Latin American deal wins.
  The most significant of those wins is probably a strategic collaboration with Telefonica that involves modernising the BSS and OSS of its operations in Chile, Peru and Argentina to make them ‘cloud native’, as is the fashion. This will enable a wholesale move to the public cloud, bringing all the benefits, such as agility and scalability, generally
  
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• Vodafone’s multi-billion-euro towers deal is all about control

  09-11-2022 14:53
  Vodafone has agreed a co-control deal for its Vantage Towers business with Global Infrastructure Partners (GIP) and KKR that could bring in cash proceeds of up to €7.1 billion.
  A new joint venture between Vodafone and the GIP/KKR partnership will take control of Vodafone’s existing 81.7% stake in Vantage Towers. At the same time, the JV will make a voluntary takeover offer for the outstanding Vantage Towers shares, with one minority holder – RRJ Capital – having already ag
  
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• There’s been an overnight rehearsal for the Lord Mayor’s Show

  09-11-2022 14:14 via ianvisits.co.uk
  Had you been in the City at the dead of night this morning, you would have seen the Lord Mayor of London’s golden state coach being pulled through the dark streets by six Shire horses — for this was the rehearsal for the 2022 Lord Mayor’s Show.Although the Lord Mayor’s Show has taken place for at least 800 years, originally on the Thames, and along the streets since the 1850s, as most years have a new Lord Mayor, they rehearse the ceremonial parade.
  And it’s done in
  
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• EU joins UK by probing Microsoft acquisition of Activision Blizzard

  09-11-2022 13:17
  The European Commission has opened an in-depth investigation into the proposed acquisition of computer games giant Activision Blizzard by Microsoft.
  This follows the UK’s decision a couple of months ago to have a proper butcher’s at the move, which would result in a significant consolidation of the gaming market. While it’s tempting to conclude the EU looks to Britain for anti-trust guidance, the difference in timings is probably down to the lower bureaucratic burden shouldered
  
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• Climate and the economy are fuelling smart home device uptake

  09-11-2022 13:07
  UK consumers are increasingly turning to smart devices to help them cope with the cost of living crisis.
  This is according to a survey published this week by trade association TechUK in partnership with research firm GfK, which found that concern about climate change is also encouraging people to switch to kit that supports more energy efficient usage.
  The survey – called the Connected Home Report – found that ownership of devices like smart thermostats, plugs and lighting is up to 2
  
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• Horror but not as you’ve seen it fills Somerset House

  09-11-2022 13:00 via ianvisits.co.uk
  This is a horror show, but not the sort of horror you might expect, as it’s not scary horror in the classic sense, but more a look at how artists have expressed their own personal horror at what they see around them. Not that it’s entirely free of images that might adorn a scary movie, but most of the show is a reflection of society ranging from the 1970s to the modern day.Something that’s important to be aware of is that when artists are contemplating their own horror at what
  
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• Vodafone sells masts unit stake to Saudi-backed PE consortium

  09-11-2022 12:53 via ft.com
  KKR and Global Infrastructure Partners will ‘co-control’ towers business with telecoms group
  
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• Tickets for the Battersea Power Station lift are now on sale

  09-11-2022 09:00 via ianvisits.co.uk
  Tickets to ride up the inside of a Battersea Power Station chimney, and pop out of the top for a view across London are now on sale.
  The visit to the chimney lift will include an exhibition space housed in the Power Station’s Art Deco Turbine Hall A followed by the glass elevator ascent to the top of the building’s north-west chimney – reaching a viewpoint 109 metres above the ground.
  Ticket prices are:Adults: £15.90 to £20.90
  Children: £11.50 to 15.40
  Familie
  
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• The transformation of Denmark Street and the Outernet

  09-11-2022 08:00 via ianvisits.co.uk
  A developer ripping out the heart of a much loved part of London is a common enough story, but with the music hub of Denmark Street, were the critics right, or is something more interesting going on?Certainly, if you wander around the area next to Tottenham Court Road, it seems to have been filled with modern glass buildings and a huge video wall of adverts that sprung up from the clearance needed to upgrade the tube station, and a far cry from the ramshackle cluster of decoratively decaying bui
  
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