News and opinion on public works procurement
Spain’s Telefonica (TEF.MC) has hired investment bank Goldman Sachs (GS.N) to sell its 50% stake in a mobile masts operator in Britain, El Confidencial reported on Monday, citing sources close to the matter. The stake in Cornerstone Telecommunications Infrastructure Limited, which Telefonica shares with UK rival Vodafone (VOD.L), would be worth around 2 billion euros […]
Kapsch TrafficCom is to begin work on a connected vehicle project in northern Spain, providing hardware and software to help digitise a 60km stretch of the A8 freeway near Bilbao by 2024. It has installed 25 roadside units along the highway, which will act as key points for receiving and distributing information between vehicles and […]
TAWAL, a unit of Saudi Telecom Company, agreed to buy tower infrastructure worth 1.22 billion-euros ($1.34 billion) from United Group in its first foray into Europe’s telecoms market, the southeast European firm said on Thursday. TAWAL, a tower infrastructure unit that STC carved out in 2018, will buy the mobile infrastructure unit of United Group […]
Corning announced the opening of a new optical fiber manufacturing facility in Mszczonów, Poland, this week. The facility was launched last year after the business determined that it was required to address the increased demand for fiber optics in the European Union and nearby regions. Demand for fiber is increasing in Europe as well, owing […]
The goal of both Hexa-X and Hexa-X-II is to establish Europe as a leader in 6G. Nokia will lead the Hexa-X-II project, the second phase of the European 6G flagship initiative designed to lay the groundwork for 6G standardization. Nokia was also in charge of the initial phase of the Hexa-X project. According to Nokia, Hexa-X is focused on […]
Bulgarian telecommunications company Neterra has broken ground on its second data center in the capital of Sofia. The four-story, 1,400 square meter (15,000 sq ft) facility, known as Sofia Data Center 2 (SDC-2), is located opposite Neterra’s SDC-1 facility and is being built to Tier III Uptime standards. Construction is due for completion later in […]