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 […]
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 […]
Ericsson shareholders have for the second year in a row voted against a proposal that would have cleared board members of liability for alleged corruption charges. This means that investors can potentially sue board members. Shareholders who own at least one-tenth of all shares in the company voted against discharge from liability for most of […]
Windstream, a privately held company that provides wired broadband services, has announced that it has successfully removed all Huawei equipment from its network. The move is in compliance with the Secure and Trusted Communications Networks Act that was passed by Congress in 2019, which mandates the removal of Huawei and ZTE equipment from American telecom […]
According to the most recent U.S. Carrier Managed SD-WAN Leaderboard published by Vertical Systems Group (VSG), the SD-WAN market is still experiencing intense competition. The number of providers on the year-end 2022 roster expanded from seven to nine with the addition of Zayo. In VSG’s ranking, Zayo moved up from the market tier, where businesses […]
A three-judge panel in the Fifth Circuit Court of Appeals supported the validity of the Universal Service Fund (USF) and the agency’s choice to assign management of USF services to a third party, giving the Federal Communications Commission (FCC) a significant victory. Blair Levin of New Street Research described the decision as “a pretty unambiguous […]
Midwest telecom operator, Altafiber, formerly known as Cincinnati Bell, has announced that it is investing $100 million in delivering fiber services to approximately 52,000 addresses in Warren County, Ohio as part of a public-private partnership deal with the county government. The construction for this project has already started and the fiber service is expected to […]
Convergence has been a buzzword in the telecommunications industry for years, but as SCTE’s CTO Chris Bastian noted in an interview with Fierce, the concept still means different things to different people. Furthermore, operators have different priorities when it comes to which parts of the network they want to converge on first. According to Bastian, […]
In order to provide fibre connectivity to roughly 55,000 individuals and companies in Norman, Oklahoma, Bluepeak said on Monday that it has signed a franchise deal with the city. The operator is investing $55 million in the buildout, making it Bluepeak’s largest investment outside of South Dakota in a single market. When asked why Norman […]
Earlier this month, residents of Morgantown, Pennsylvania, became the most recent users of Windstream’s Kinetic fiber network. But according to Jeff Small, President of Kinetic, Windstream has much more planned for this year than just Morgantown. The most recent approvals in Pennsylvania are a part of Windstream’s nationwide initiative to create more fiber networks on […]