Manx Telecom accepts £255m acquisition cash offer

Written on Thursday, 14 March 2019 10:57
Manx Telecom has announced that it has received a takeover offer worth £255m pounds from Basalt Infrastructure Partners LLP.
U.S. Cellular has signed a five-year deal with Nokia in an effort to modernize the company's network by providing its end-to-end 5G technology, software and services solutions. This will enable U.S. Cellular to deliver innovative services to its customers and expand into new customer and enterprise segments with 5G services and solutions. The new contract builds upon the 5G trial activities Nokia and U.S. Cellular have been engaged in during the last year. As part of the agreement Nokia will…
Telecom Egypt announced that it has signed a Memorandum of Understanding (MoU) with Nokia to introduce 5G network and test use cases This announcement took place during the GSMA Mobile World Congress (MWC) in Barcelona, Spain. The MoU has been signed by Adel Hamed, Managing Director and Chief Executive Officer of Telecom Egypt, and Amr K. El Leithy, head of the Middle East and Africa market, Nokia, in the presence of a number of dignitaries from the two companies. Under…
The US-led campaign against Chinese telecommunications behemoth Huawei is now facing resistance from a number of major European operators. Washington has been engaged in a sustained offensive attack on China’s major telecommunication vendors Huawei and ZTE over the last number of years. However, that has heightened in recent months, with the United States labelling Huawei and ZTE as a severe threat to national security. US President Donald Trump is expected to issue an executive order later this week which would…
T-Mobile US CEO has confirmed the worst fears of Chinese telecommunication behemoths Huawei and ZTE by officially announcing that it will not use any equipment supplied by either vendor.

US operator set to spend $1bn on addressing climate change

Written on Thursday, 07 February 2019 12:29
US telecommunications behemoth Verizon has pledged its commitment to helping the environment in an effort to address climate change by investing $1bn in green-friendly projects. Verizon had been actively pursuing funding for its environmental commitments by using lower-cost bonds that appeal to a growing block of environmentally-sensitive investors. This week the US operator borrowed $1bn courtesy of a so-called green bond which basically allows them to spend the proceeds on projects that will create a positive impact on the environment.…

Consumer watchdog blasts proposed merger of US operators

Written on Thursday, 07 February 2019 10:17
A leading US consumer watchdog has voiced their concerns regarding the details of the proposed merger agreement between mobile operators T-Mobile US and Sprint.

US operator suffers drop in its revenue as it prepares for 5G

Written on Tuesday, 05 February 2019 08:13
US telecommunications operator Sprint has posted a disappointing performance in its financial returns for Q4 in 2018.

Verizon’s 5G aspirations put on hold

Written on Sunday, 03 February 2019 09:20
US telecommunications operator Verizon has said its proposed deployment of 5G services remains on track, but its CEO Hans Vestberg conceded that its plans to expand 5G services to the home has encountered issues. Verizon has planned to invest significantly in its 5G home internet product portfolio, but that has been derailed because of the delay in the release of standards-based equipment. The US telecommunications behemoth launched its residential 5G product to much fanfare in four US cities in October…
Europe’s largest telecommunications operator Deutsche Telekom has warned that if governments across the continent decide to implement a ban on Chinese vendor Huawei, then the rollout of 5G networks could be delayed by at least two years.
The US government has confirmed that the proposed merger deal between telecommunication operators T-Mobile US and Sprint will undergo a forensic examination in an effort to determine whether or not the deal represents the best interests of consumers.
Sparke, the International Services arm of the TIM Group and among the top ten global operators, announces the expansion of its South American backbone with a new Point of Presence in Cartagena, Colombia. The new PoP responds to the fast growing demand for capacity services in Colombia, providing local and international network providers, ISPs, Content Players and OTTs with transport solutions up to 100 GB through Sparkle’s City2City service Thanks to the interconnection with the PCCS and SAm-1 cables, Sparkle…
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